Connect with us

News

2025 BUDGET : Check out allocations to various sectors and programmes

Published

on

The minister for Finance,Dr.Cassiel Ato Forson, presented the 2025 budget statement and economic policy to parliament yesterday, March 11, 2025.

The budget highlighted the state of the economy bequeathed to the new administration and policy measures to ensure positive growth.

Against this backdrop, we have compiled some allocations to some sectors and programmes.

Read more below;

Advertisement

1. GH¢13.85 billion: Allocation for the Big Push Programme.

2. GH¢499.8 million: Allocation for the No-Academic-Fee policy for first-year students in public tertiary institutions.

3. GH¢292.4 million: Allocation for the distribution of free sanitary pads to female students in primary and secondary schools.

4. GH¢242.5 million: Allocation to support victims of the Akosombo dam spillage.

Advertisement

5. GH¢200 million: Allocation to support victims of the tidal wave disaster in the Ketu South constituency.

6. GH¢3.5 billion: Allocation for the free secondary education programme.

7. GH¢564.6 million: Allocation for comprehensive provision of free curricula-based textbooks.

8. GH¢1.788 billion: Allocation for the School Feeding Programme.

Advertisement

9. GH¢145.5 million: Allocation for the Capitation Grant.

10. GH¢203 million: Allocation for the payment of teacher trainee allowances.

11. GH¢480 million: Allocation for the payment of nursing trainee allowances.

12. GH¢9.93 billion: Allocation for the National Health Insurance Scheme (NHIS).

Advertisement

13. GH¢2.81 billion: Allocation for the Ghana Road Fund.

14. GH¢7.51 billion: Allocation for the District Assembly Common Fund (DACF).

15. GH¢1.5 billion: Allocation for Agriculture for Economic Transformation Agenda (AETA).

16. GH¢51.3 million: Allocation as seed fund for the establishment of the Women’s Development Bank.

Advertisement

17. GH¢300 million: Allocation for the National Apprenticeship Programme.

18. GH¢100 million: Allocation for the ‘Adwumawura’ Programme.

19. GH¢100 million: Allocation for the National Coders Programme

Advertisement

Hot!

Diaspora Affairs Office hosts African diaspora delegation ahead of citizenship conferment

Published

on

The Diaspora Affairs Office at the Office of the President has hosted a delegation of African diaspora women who are in Ghana ahead of a planned Presidential Conferment of Citizenship ceremony.

The Director of Diaspora Affairs, Kofi Okyere Darko, explained in a Facebook post that the visit was a gesture of appreciation by the delegation to the Government of Ghana for its continued efforts to reconnect Africans in the diaspora with their ancestral homeland.

He indicated that the ceremony, scheduled for next Monday, will officially grant Ghanaian citizenship to members of the delegation as part of the country’s broader engagement with the African diaspora.

The delegation was led by Erica Bennett, Founder of the Diaspora Africa Forum.

Advertisement

According to Mr Okyere Darko, her years of advocacy have played an important role in strengthening ties between Africa and people of African descent living abroad.

He noted that the group’s journey towards citizenship represents not only a legal process but also a cultural and spiritual return to their roots.

Also present at the meeting was Natalie Jackson, an attorney who is also expected to receive Ghanaian citizenship during the ceremony. She works closely with renowned civil rights lawyer Ben Crump.

Mr Okyere Darko emphasised that Ghana remains committed to strengthening relationships with the African diaspora and promoting unity, identity, and shared heritage among people of African descent worldwide.

Advertisement

By: Jacob Aggrey

Continue Reading

News

Ghana signs debt restructuring agreement with Belgium

Published

on

Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.

The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.

He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.

However, he indicated that the country is now recovering and witnessing a significant economic turnaround.

Advertisement

According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.

Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.

He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.

The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.

Advertisement

The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.

By: Jacob Aggrey

Continue Reading
Advertisement

Trending