Finance Minister to Present Mid-Year Budget Review on July 24, 2025

Ghana’s Finance Minister, Dr. Mohammed Amin Adam, is scheduled to present the 2025 Mid-Year Budget Review to Parliament on Wednesday, July 24, 2025, in what is expected to be a critical update on the country's economic direction amid post-crisis recovery efforts and upcoming general elections.

The presentation, mandated by Section 28 of the Public Financial Management Act, 2016 (Act 921), will provide a comprehensive overview of the government’s fiscal performance in the first half of the year, as well as revised economic targets for the remainder of 2025.

According to the Ministry of Finance, the review will focus on key sectors such as inflation management, debt sustainability, job creation, revenue mobilization, and ongoing IMF-supported fiscal consolidation efforts. It is also expected to touch on social protection programs, energy sector liabilities, and possible tax policy adjustments.

Economic Context

Ghana has been navigating a slow but steady recovery from a period of economic turbulence, marked by high inflation, cedi depreciation, and rising public debt. The government’s agreement with the International Monetary Fund (IMF) has so far yielded mixed public reactions, as conditional reforms are implemented across various sectors.

Analysts predict that the Finance Minister will seek to reassure both domestic and international stakeholders of Ghana’s economic stability, especially as the country approaches the December 2025 elections.

“There’s significant pressure on the government to show real improvement in fiscal discipline and public sector efficiency,” said Dr. Angela Ofori-Atta, an economist and public finance analyst. “This mid-year review will serve as a confidence indicator for investors, development partners, and citizens alike.”

Expectations

The 2025 Mid-Year Review is also likely to address:

• The progress of the YouStart initiative and other youth employment programs.

• Performance of tax digitalization platforms like the E-Levy and GHANA.GOV.

• Potential revision of growth and inflation targets.

• Updates on flagship infrastructure projects.

• Funding mechanisms for health, education, and agriculture.

With ongoing concerns about cost of living and high taxes, civil society groups and business associations have urged the Minister to avoid imposing additional levies and instead focus on efficient resource allocation and expenditure control.

Members of Parliament are also expected to scrutinize how funds have been utilized under the first half of the budget, especially in light of recent audits that flagged irregularities in certain ministries and agencies.

The presentation will be broadcast live on major TV networks and online platforms, with post-review discussions anticipated across the political and economic spectrum.