Ghana’s new finance minister, Cassiel Ato Forson, will present the 2025 Budget to Parliament on March 11. This will mark the first full-year budget under the new Mahama administration, following a GHȼ68bn provisional budget approved in January for first-quarter government spending. In February, an IMF delegation visited Ghana to discuss this year's budget and evaluate the new administration’s commitment to the current Extended Credit Facility. The fourth programme review is set for April, with a $360m disbursement at stake. President John Mahama plans to revise tax reforms, arguing that the current arrangement discourages investment by focusing too much on revenue generation and not enough on spending cuts. He aims to reduce wasteful expenditures to balance lower revenue targets.
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