Ghanaians Urge Tax Relief, Employment Creation in 2025 Budget

As Ghana prepares to unveil its 2025 budget, citizens are calling for tax reductions, fiscal accountability, and urgent reforms to address stalled infrastructure projects and rising costs of living. Expectations include broadening the tax net to decrease reliance on borrowing and providing targeted incentives to boost agriculture and food production, which is essential given the high food inflation rates. The Finance Minister, Dr. Cassiel Ato Forson, is expected to present a budget that balances austerity measures with growth-focused policies as the new government seeks economic stability following a painful debt restructuring. Additionally, the Minority in Parliament, led by MP Kojo Oppong Nkrumah, emphasizes the need for transparency and accountability in presenting the true state of Ghana's economy. With public frustration over mismanagement of state enterprises and demands for stronger oversight, the budget is seen as a critical opportunity to restore public trust and address pressing national challenges. Overall, the anticipated budget aims to navigate complex economic dynamics while addressing the immediate needs of citizens.