Speaker of parliament Alban Bagbin has adjourned parliamentary proceeding to January 2, 2024, after the Finance Minister, Dr. Mohammed Amin Adam, failed to present the much-anticipated 2025 Mini-Budget before the close of the current session.
The Mini-Budget, a constitutional requirement designed to provide a fiscal outlook for the upcoming year, was expected to address key economic issues, including revenue mobilization, expenditure priorities, and strategies for fiscal consolidation before the next administration takes over.
Despite high expectations, the presentation did not occur, prompting Speaker Alban Bagbin to adjourn proceedings.
Speaking to the press after the adjournment, Minority Leader Dr. Cassiel Ato Forson expressed disappointment over the Finance Minister’s inability to fulfil this crucial mandate.
“In the spirit of a good transition, It is expected that the outgoing president, acting pursuant to article 180 of the constitution could have acted in good faith and brought before parliament a proposal for the expenditure to cater for the first quarter of the year 2025
“This was very important because the appropriation act for 2025 will not come into force on the 1st of January 2025.
Sadly President Akufo Addo planned to leave the public service uncatered for in the first quarter of the year, 2025.
“However let me give assurance to the people of Ghana and all stakeholders that the NDC government will take office on 7th January 2025, and we will act with dispatch to cater for expenditure for the first quarter of the year 2025.”
Speaker Alban Bagbin has adjourned parliamentary proceedings to January 2, 2024. The expected presentation of the 2025 Mini-Budget by Finance Minister Dr. Mohammed Amin Adam could not proceed. Minority Leader Dr. Cassiel Ato Forson addresses the media on the issue. #CitiNewsroom… pic.twitter.com/IGlcsmUOSQ
— CITI FM 97.3 (@Citi973) December 20, 2024
