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    You are at:Home»News»Finance minister to present mini-budget for 2025
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    Finance minister to present mini-budget for 2025

    Papa LincBy Papa LincDecember 20, 2024No Comments2 Mins Read1 Views
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    Members of Parliament return to the floor of the House for a sitting today, Friday, December 20, 2024.

    The Minister of Finance, Dr. Mohammed Amin Adam, is expected to present a mini-budget for the 2025 Fiscal Year, which would cover three months: January, February, and March 2025.

    This is after President Nana Addo Dankwa Akufo-Addo, in a formal communication to the House, submitted budget estimates for the first quarter of 2025 for the Judiciary and Judicial Service, Audit Service, and Parliament and Parliamentary Service.

    The submission of estimates is in accordance with the 1992 Constitution and is due to the fact that the budget for 2024 has not been passed by Parliament, which was supposed to be done before the end of November 2024.

    Prior to the sittings, the Minority Caucus of the House slammed the finance minister for delaying in presenting the mini-budget. According to them, failure to present the budget would have serious consequences, including workers not receiving their salaries in 2025.

    The House is also expected to consider bills, including those for the approval of loans and tax exemptions, before it.

    Watch a livestream of he sitting below:

    BAI/

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