Finance Minister, Cassiel Ato Forson PhD has presented the 2025 budget statement to parliament.
He has mentioned that government will follow through with its promise to scrap some nuisance taxes.
The Minister mentioned that he will ensure that there is fiscal discipline to ensure that the economy booms and works for the people.
Here is a breakdown of allocations to various sectors of the economy.
- GH¢13.85 billion: Allocation for the Big Push Programme.
- GH¢499.8 million: Allocation for the No-Academic-Fee policy for first-year students in public tertiary institutions.
- GH¢292.4 million: Allocation for the distribution of free sanitary pads to female students in primary and secondary schools.
- GH¢242.5 million: Allocation to support victims of the Akosombo dam spillage.
- GH¢200 million: Allocation to support victims of the tidal wave disaster in the Ketu South constituency.
- GH¢3.5 billion: Allocation for the free secondary education program.
- GH¢564.6 million: Allocation for comprehensive provision of free curricula-based textbooks.
- GH¢1.788 billion: Allocation for the School Feeding Programme.
- GH¢145.5 million: Allocation for the Capitation Grant.
- GH¢203 million: Allocation for the payment of teacher trainee allowances.
- GH¢480 million: Allocation for the payment of nursing trainee allowances.
- GH¢9.93 billion: Allocation for the National Health Insurance Scheme (NHIS).
- GH¢2.81 billion: Allocation for the Ghana Road Fund.
- GH¢7.51 billion: Allocation for the District Assembly Common Fund (DACF).
- GH¢1.5 billion: Allocation for Agriculture for Economic Transformation Agenda (AETA).
- GH¢51.3 million: Allocation as seed fund for the establishment of the Women’s Development Bank.
- GH¢300 million: Allocation for the National Apprenticeship Programme.
- GH¢100 million: Allocation for the ‘Adwumawura’ Programme.
- GH¢100 million: Allocation for the National Coders Programme
