The Minister of Finance, Dr. Mohammed Amin Adam, after several delays, has finally submitted a mini-budget to Parliament, requesting approval for GH¢68.1 billion to cover essential government expenditures from January to March 2025.
This provisional budget aims to sustain critical government operations during the first quarter, ensuring a seamless transition until the incoming administration presents a comprehensive budget for the rest of the year.
The key allocations from the GH¢68.1 billion provision include:
*Public Sector Salaries*: GH¢16.46 billion for employee compensation
– Statutory Obligations*: GH¢3.12 billion for goods and services
– Infrastructure Maintenance*: GH¢20.69 billion for interest payments
– Social Intervention Programs*: GH¢45.50 million for subsidies and GH¢234.70 million for social benefits ¹
The submission of this mini-budget is in line with constitutional requirements to prevent financial disruptions during transitional periods.
Second Deputy Speaker Andrew Asiamah Amoako has referred the budget to Parliament’s Budget and Finance Committees for review and report.
The committees will assess the figures and policies before submitting their report for debate and approval.
This mini-budget is a transitional measure to ensure the smooth functioning of government operations while awaiting the full budget from the incoming administration.
