Ghana’s Finance Minister, Dr. Cassiel Ato Forson, is expected to present the 2025 Mid-Year Budget Review to Parliament today, Thursday, July 24, 2025.
His presentation comes at a time when key macroeconomic indicators have shown marked improvement, heightening expectations for a fiscal strategy that reinforces discipline, restores investor confidence, and supports long-term price stability.
Inflation has dropped significantly—from 23.5 percent at the start of the year to 13.7 percent as of June 2025—while the Ghanaian cedi has seen a strong recovery, appreciating from approximately GHS 15 to the US dollar in January 2025 to about GHS 10.45. These developments have sparked cautious optimism among citizens and market watchers alike.
Ghanaians are keenly awaiting the government’s next steps. Many are looking for clear policy directions on job creation, debt sustainability, and continued economic recovery, especially in light of the country’s ongoing IMF-backed reforms. The Finance Minister is also expected to address revenue mobilization efforts, expenditure control, and social protection programs aimed at cushioning the most vulnerable segments of the population.
All eyes will be on Parliament this afternoon as the nation anticipates a budget review that aligns with the signs of recovery while laying the foundation for inclusive and sustainable growth.
