The Finance Minister, Dr. Cassiel Ato Baah Forson, has disclosed that the NDC government’s topmost priority is to reset the country and restore good governance for the citizenry.
He has explained that the resetting agenda will be anchored on three main pillars which include restoring hope to the nation’s democracy, assisting the vulnerable in society and using the 24-hour-economy to stimulate demands of Ghanaians.
Dr. Forson was delivering the 2025 Budget Statement and Economic Policy of the Government in Parliament Tuesday, March 11, 2025, when he made the statement.
“Mr. Speaker, the resetting agenda will be anchored on:
- restoring hope in our democracy, renewing trust in public officials, and helping every Ghanaian attain their full potential;
- offering a trusted hand to the vulnerable, particularly women and youth and creating a new Ghana for coming generations; and
- stimulating demand by patronising made-in-Ghana goods under the 24-hour Economy Policy.
Meanwhile, the government says its fiscal policy objectives is to support economic transformation agenda to ensure macroeconomic stability of the country within the macroeconomic and fiscal framework.
He noted “more specifically, the fiscal policy objectives of government include:
- Rationalising government expenditure and eliminating wasteful expenditure;
- Optimising domestic revenue mobilisation through the broadening of the tax base, increased non-tax revenue collection, adopting enhanced tax compliance measures, and modernisation of tax administration through digital technology;
- Increasing the share of domestic capital expenditure to spur economic growth and job creation;
- Reducing public debt to sustainable levels and adopting prudent debt management practices to support debt sustainability;
- Reducing the fiscal deficit progressively in accordance with an amended Fiscal Responsibility Act to promote fiscal and debt sustainability; and
- Restoring confidence in Ghana’s economy.
LIVE: Ato Forson presents 2025 Budget Statement & Economic policy to Parliament
