Parliament is set to take center stage today as Finance Minister Dr. Cassiel Ato Forson delivers the much-anticipated 2025 Mid-Year Budget Review. Key among the expectations is whether the government will maintain its current expenditure framework or seek parliamentary approval for a supplementary budget in response to mounting fiscal and political pressures.
The review comes at a time when Ghana’s macroeconomic indicators are showing significant improvement, raising hopes for a policy direction that reinforces fiscal discipline, strengthens investor confidence, and ensures price stability.
Inflation, which stood at 23.5 percent at the beginning of the year, dropped sharply to 13.7 percent by the end of June. This downward trend has led analysts to speculate that Ghana could end the year with single-digit inflation—surpassing the government’s target of 11.9 percent.
Another major development under President Mahama’s second term is the stabilisation of the Ghanaian cedi. The local currency, which traded at around GH¢15 to the US dollar on the interbank market in January, has appreciated significantly, currently exchanging at approximately GH¢10.45.
Source:Mybrytfmonline.com/Nana Agyenim Boateng Sikapa
