Business News of Tuesday, 11 March 2025
Source: www.ghanawebbers.com
Finance Minister Dr. Cassiel Ato Forson will present the 2025 Budget Statement and Economic Policy to Parliament, marking the Mahama administration's first comprehensive financial roadmap.
The highly anticipated budget is expected to introduce bold measures aimed at stabilizing the economy, fostering growth, and addressing fiscal challenges such as high debt, inflation, and unemployment.
A key highlight is the anticipated removal of controversial taxes, including the E-Levy, COVID-19 Health Levy, and Betting Tax, in line with the government's promise to reduce the tax burden.
While these removals are expected to benefit mobile money users, businesses, and online bettors, alternative revenue sources will need to be identified. The budget will also emphasize job creation, infrastructure development, and social interventions, serving as a crucial test of balancing fiscal discipline with pro-growth policies.