Categories: Uncategorized

Ato Forson to present 2025 Budget today

The Minister of Finance, Dr. Cassiel Ato Forson, is set to present the 2025 Budget Statement and Economic Policy to Parliament today, marking the first major economic blueprint of the Mahama administration since assuming office.

The highly anticipated budget is expected to outline key policy directions and economic strategies aimed at stabilizing the economy, fostering growth, and addressing the country’s fiscal challenges.

A major highlight of the budget is the expected removal of several controversial taxes, including the Electronic Transfer Levy (E-Levy), the COVID-19 Health Levy, and the Betting Tax.

These levies, introduced by the previous government, were widely criticized for placing additional financial burdens on Ghanaians.

The Mahama administration has consistently pledged to ease the tax burden on individuals and businesses while implementing measures to stimulate economic recovery.

The removal of these taxes is expected to provide relief to mobile money users, businesses, and individuals engaged in online betting.

Beyond tax policy, the budget is also expected to focus on job creation, infrastructure development, and social interventions aimed at improving the livelihoods of Ghanaians.

Share
MasemTV Newsroom

Recent Posts

Chairman Wontumi Promised Me GH¢20,000 Salary and a Toyota Land Cruiser V8, But I Only Received GH¢4,000 for Fuel – Akonta Mining GM Reveals

The former General Manager of Akonta Mining Limited, Mr. Edward Akuoko, has made startling revelations… Read More

3 days ago

OSP seizes over GH¢100m and US$100k worth of assets of former NPA Boss Mustapha Hamid in corruption trial

The Office of the Special Prosecutor (OSP) has seized and frozen assets valued at more… Read More

3 days ago

Hon. Zuwera Mohammed lbrahimah Commends Minority Chief Whip’s Insightful Statement

The Member of Parliament for Salaga South, Hon. Zuwera Mohammed lbrahimah, has commended the Minority… Read More

3 days ago

Wontumi failed to acquire full documentation for Tano Nimiri Forest – Former Akonta Mining manager

The former General Manager of Akonta Mining Company Limited, Edward Akwasi Akuoko, has admitted that… Read More

3 days ago

Withdraw ill-informed petition against Abena Osei-Asare – Osei Nyarko to A Plus

The Member of Parliament for Akim Swedru, Kennedy Osei Nyarko, has advised his colleague, Kwame… Read More

3 days ago

UTAG condemns NAIMOS attack, blames political interference for galamsey crisis

The University Teachers Association of Ghana (UTAG) has strongly condemned the attack on the National… Read More

3 days ago