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Expect more good news in the mid year budget review – Mahama

May 16, 2025
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Former President John Mahama has announced to Ghanaians that further positive developments are forthcoming, with significant economic updates anticipated in the upcoming mid-year budget review scheduled for August.

He disclosed this during his thank you in the Upper West Region.

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“I’m sure that by the time the finance minister returns to Parliament in August for the mid-year review, we’ll have even more good news for Ghanaians,” the president said.

According to Mr Mahama, early signs of economic recovery, including a stronger cedi and easing cost of living, are evidence that policy reforms and budget discipline are beginning to pay off.

He commended his economic management team, particularly the Minister of Finance and the Governor of the Bank of Ghana, for their efforts.

“Our focus has been on stabilising the economy. We therefore presented to Parliament in March this year a budget aimed at severely trimming expenditure and channelling the saved revenue into priority programmes, as promised in our manifesto,” Mahama explained.

“I wish to commend the Minister of Finance and the Governor of the Bank of Ghana, along with their teams, for the coordination they are displaying in this economic turnaround,” he said.

On infrastructure, the President said the Cabinet will soon approve several infrastructure projects under his administration’s flagship Big Push Programme, with roads topping the priority list.

“Cabinet will soon approve priority projects under the Big Push Infrastructure Programme. Understandably, a significant number of these will be in the road sector,” he revealed.

Key projects include the dualisation of the Accra-Kumasi, Accra-Takoradi, and Accra-Aflao highways, as well as major bridge works across the country. A new motorway between Accra and Kumasi is also in the works, expected to cut travel time between the two cities to just two and a half hours.

In the Upper West Region, the President said roads such as the Watumu–Bolgatanga Trunk Road will receive urgent attention.

“During the campaign, we travelled on the terrible road network that has become characteristic of the Upper West Region. In this region, under the Big Push, we are prioritising the Watumu–Bolgatanga Trunk Road,” he said.

“We are determined, under the guidance of the NDC’s 2024 manifesto, to bring transformational change to every corner of Ghana and especially to regions like the Upper West Region that have long been underdeveloped despite their huge potential,” he said.

By: Rainbowradioonline.com/Ghana

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