Speaker of Parliament Alban Sumana Kingsford Bagbin has stressed the importance of the national budget, calling it the most critical policy instrument of any government.
According to Bagbin, the budget declares government policy priorities and provides a roadmap for national development.¹
Speaking at a three-day post-budget workshop, Bagbin emphasized that the workshop aims to equip Members of Parliament (MPs) with the necessary tools and knowledge to effectively scrutinize and analyze the 2025 Budget Statement and Economic Policy.
Key Objectives of the Workshop:
- Enhance MPs’ Understanding: Ensure MPs comprehend policy statements and financial estimates in the budget.
- Effective Participation: Enable MPs to participate actively in budget debates, asking the right questions, and assessing trade-offs.
- Alignment with Government Agenda: Ensure the budget aligns with the government’s ‘Reset Ghana’ agenda, aimed at revitalizing the economy.
Majority Leader Mahama Ayariga and Minority Leader Alexander Kwamena Afenyo-Markin also emphasized the significance of the workshop in promoting parliamentary governance and capacity-building for MPs.
Finance Minister Dr. Cassiel Ato Baah Forson reiterated that the 2025 budget is designed to “reset the Ghanaian economy for the people of Ghana.”
