Finance Minister’s delay leaves Ghana on edge amidst fears of a January Government Shutdown.
Ghana’s Parliament has been adjourned to January 2, 2024, following the Finance Minister, Dr. Mohammed Amin Adam’s failure to present the anticipated 2025 Mini-Budget before the end of the current session.
The Mini-Budget, a constitutional requirement to outline the fiscal outlook for the upcoming year, was expected to address critical economic priorities, including revenue generation and expenditure planning. Its absence has sparked fears of a potential government shutdown on January 1, 2025.
Speaker Alban Bagbin adjourned proceedings amid heightened tensions, leaving lawmakers and stakeholders questioning the government’s preparedness for a smooth fiscal transition.
Minority Leader Dr. Cassiel Ato Forson expressed dismay, accusing the outgoing administration of neglecting its duty to ensure public services are funded in early 2025.
He assured Ghanaians that the incoming NDC government would act swiftly after taking office on January 7, 2025.
In contrast, Majority Leader Alexander Afenyo-Markin attributed the delay to the “lawlessness” of the Minority and assured that the Finance Minister would submit the expenditure proposal when Parliament resumes.
Ghanamps.com