$279 million for GoldBod, GH¢100 miilion for Coders Program: See government's allocations for key initiatives
A notable allocation is the provision of a Cedi equivalent of US$279 million as a revolving fund for the Ghana Gold Board (GOLDBOD). This fund is intended to enable GOLDBOD to purchase and export at least three tonnes of gold per week from small-scale miners. The initiative aims to formalize and regulate small-scale mining activities, ensuring fair pricing and contributing to the nation's gold export revenues.
In a bid to enhance digital skills and IT training, the government has allocated GH¢100 million (approximately US$6.5 million) to the National Coders Programme. This initiative seeks to equip individuals with the necessary skills to thrive in the digital economy, fostering job creation and positioning Ghana as a hub for technological innovation.
Other Significant Allocations
The 2025 budget also outlines several other key allocations:
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National Apprenticeship Programme: GH¢300 million (US$19.4 million) to equip the youth with vocational skills.
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'Adwumawura' Programme: GH¢100 million (US$6.5 million) dedicated to job creation initiatives.
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National Health Insurance Scheme (NHIS): GH¢9.93 billion (US$640.6 million) to ensure accessible healthcare services.
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Ghana Road Fund: GH¢2.81 billion (US$181.3 million) allocated for road infrastructure development.
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District Assembly Common Fund (DACF): GH¢7.51 billion (US$484.5 million) to support local governance and development projects.
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Agriculture for Economic Transformation Agenda (AETA): GH¢1.5 billion (US$96.8 million) aimed at transforming the agricultural sector.
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Women's Development Bank: GH¢51.3 million (US$3.3 million) as seed funding for its establishment.
These allocations reflect the government's commitment to addressing critical sectors such as education, healthcare, infrastructure, and technology, with the overarching goal of fostering sustainable development and improving the quality of life for its citizens.
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