Ghana’s 2025 budget reading tonight by Finance Minister Dr. Cassiel Ato Forson has instantly become the nation’s most talked-about economic moment, packed with bold commitments, policy reversals and ambitious projections meant to restore confidence after turbulent years. This budget, themed around stability and opportunity, positions itself as the turning point many Ghanaians have been waiting for.
At the heart of the presentation is a projected GDP growth of 4.8% in 2026, signalling a strong rebound as key sectors like energy, agriculture and manufacturing gain renewed support. Inflation—once soaring—has now sharply declined to 8%, offering hope for reduced cost of living pressure and stronger purchasing power for households. On the fiscal front, government targets a 4% deficit, showing a renewed focus on discipline and responsible spending.
One of the standout moments was the complete removal of the COVID-19 levy, a policy reversal widely praised across social and business circles. This single move reflects government’s intent to ease the tax burden on citizens and stimulate spending.
The budget boldly channels huge resources into infrastructure under the “Big Push” initiative, with major allocations toward road expansion, energy projects, modern markets, irrigation schemes and urban development. Beyond infrastructure, youth-focused programmes—digital jobs, agricultural support schemes, entrepreneurial grants and apprenticeship pathways—received significant attention as government seeks to curb unemployment and boost productivity.
Key social sectors such as health, education and security also received renewed investment commitments aimed at strengthening frontline services and improving national welfare.
Yet, the big question remains: Can these promises translate into real, measurable change? Implementation will be the ultimate judge. For now, tonight’s budget offers a renewed sense of optimism—one that paints the picture of a Ghana ready to rise, rebuild and reposition itself for long-term prosperity.