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We are indeed spending at the right places – Ato Forson

July 25, 2025
in Headline, News, Top Story
Ato Forson

Ato Forson

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Dr Cassiel Ato Forson, the Finance Minister, has refuted claims that the Mahama administration was not spending.

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Ato Forson emphasised that the Mahama administration is indeed spending, but they are spending at the right places.

According to Ato Forson, between January to June 2025, they have disbursed a total of  GH¢114.5 billion in cash from the Consolidated Fund.

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He revealed that the non-interest expenditures alone amount to GH¢84.2 billion.

Ato Forson added that payments have been made across various important areas since the beginning of 2025.

Speaking during the presentation of the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, 2025, Dr Ato Forson stated, “Rt. Hon. Speaker, contrary to the perception that we are not spending, we are indeed spending—and spending at the right places. We are making the right investments”.

Ato Forson further listed the key payment areas which include,

US$700 million to settle Eurobond obligations

GH¢10 billion to domestic bondholders

GH¢2.9 billion to the District Assemblies Common Fund (DACF)

GH¢2.7 billion to the Social Security and National Insurance Trust (SSNIT)

GH¢9.1 billion to support the energy sector for a stable power supply

GH¢5 billion for the clearance of arrears

GH¢4.6 billion to the Ghana Education Trust Fund (GETFund)

GH¢1 billion to support the Free Secondary Education programme

GH¢4.6 billion to the National Health Insurance Scheme (NHIS)

GH¢1.4 billion to settle NHIS claims

GH¢252 million for the procurement of vaccines and essential medicines

GH¢72.8 million for Capitation Grants

GH¢477 million to support beneficiaries of the Livelihood Empowerment Against Poverty (LEAP) programme

GH¢895 million to the School Feeding Programme

GH¢122.8 million to cover BECE registration

GH¢300 million for the No Fee Stress Policy

GH¢191.7 million for Teacher Training Allowances

GH¢462.6 million for Nursing Training Allowances

GH¢25 million to pay Assembly Members’ allowances

GH¢21 million to support the National Apprenticeship Programme

GH¢34.5 million to the Adwumawura Programme

About GH¢2 billion to support the operations of Ministries, Departments, and Agencies

About GH¢2 billion to recapitalise the National Investment Bank (NIB)

“We are spending wisely, targeting the sectors that matter most to our people and our future”, he boldly emphasised.

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