The majority leader has mocked the New Patriotic Party (NPP), stating that by the end of President John Dramani Mahama’s term, the party will no longer be relevant.
Mahama Ayariga mocked them by indicating that by the time Mr. Mahama finishes his term, the elephants would have turned into ‘osono nkitinkiti.’.
Speaking after Finance Minister Dr. Cassiel Ato Forson presented the budget to Parliament on Tuesday, March 11, 2025, he said the budget represents the aspirations of every single Ghanaian.
“This clearly is a budget of a government and a party that keeps its promises. Almost every promise made by the Mahama government has been fulfilled in less than 120 days,” he stated.
“This budget is for Makola women, assemblymen, girls, and schoolchildren. It delivers solid reforms and drives economic growth. By the time we finish implementing this budget, the elephant will be small—‘osono b3y3 kitikiti,’” he added.
During the presentation, the minister announced that the total appropriation for the 2025 fiscal year amounts to GH¢290.9 billion.
“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,” Dr. Forson stated.
He explained 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 (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
