Finance Minister Dr. Cassiel Ato Forson has disclosed that the government’s total budget allocation for the 2025 fiscal year will amount to GH¢290.9 billion. Presenting the 2025 Budget to Parliament, Dr. Forson provided a detailed breakdown of the nation’s expected revenue and spending plans for the year ahead.
Mr. Speaker, the projected Total Revenue and Grants for 2025 stand at GH¢223.8 billion, which is 17.2% of GDP. This is an increase from GH¢186.5 billion, or 17.4% of GDP, in the previous year. This growth is driven by non-oil revenue initiatives anticipated to contribute at least 0.5% of GDP,” Dr. Forson announced.
He also highlighted that the total planned expenditures for 2025 are estimated at GH¢269.1 billion, accounting for 20.7% of GDP. This represents a reduction from GH¢279.2 billion, or 26.0% of GDP, in 2024.
Total Expenditures (Commitment Basis) for 2025 have been set at GH¢269.1 billion (20.7% of GDP), down from GH¢279.2 billion (26.0% of GDP) in 2024,” Dr. Forson clarified.
Primary expenditure, which excludes interest payments, is forecasted at GH¢204.7 billion, or 15.8% of GDP, for 2025. This reflects a substantial decrease from GH¢232.4 billion, or 21.7% of GDP, in 2024.
Primary Expenditure on a commitment basis (excluding interest payments) is projected at GH¢204.7 billion, or 15.8% of GDP, in 2025. This is a significant drop from GH¢232.4 billion, or 21.7% of GDP, in 2024,” Dr. Forson elaborated. 
