Finance Minister Dr. Cassiel Ato Forson has stated that the total appropriation for the 2025 fiscal year amounts to GH¢290.9 billion.
During the 2025 Budget to Parliament, on Tuesday, March 11, 2025, Dr. Forson noted that “Mr. Speaker, total revenue and grants for 2025 are projected at GH¢223.8 billion or 17.2% of GDP, up from GH¢186.5 billion or 17.4% of GDP. The projection is underpinned by non-oil revenue measures, which are expected to yield at least 0.5 percent of GDP.
He informed parliament that total expenditures for 2025 have been programmed at GH¢269.1 billion, representing 20.7% of GDP, down from GH¢279.2 billion, or 26.0% of GDP, in 2024.
“Total Expenditures (Commitment) for 2025 have been programmed at GH¢269.1 billion (20.7% of GDP), down from GH¢279.2 billion (26.0% of GDP) in 2024,” he noted.
Primary expenditure on a commitment basis, which excludes interest payments, is projected at GH¢204.7 billion, representing 15.8% of GDP in 2025.
“Primary expenditure on a commitment basis (expenditures net of interest payments) is projected at GH¢204.7 billion, representing 15.8% of GDP in 2025, a significant decline from GH¢232.4 billion, representing 21.7% of GDP in 2024,” Dr. Forson explained.
“Mr. Speaker, based on the resource allocations for the 2025 fiscal year, the total appropriation for the year ending 31st December 2025 is GH¢290,971,212,435,” he said.
By: Rainbowradioonline.com/Ghana
