The finance minister, Dr Cassiel Ato Forson, has proposed budgetary allocation for several sectors and activities in the 2025 budget.
With a focus on education, infrastructure, social protection, and disaster relief.
The allocations are intended to assist the government’s economic recovery and development initiatives, addressing urgent issues while setting the groundwork for long-term growth.
Overall, the budget featured 19 allocations, which included:
- Big Push Programme: GH¢13.85 billion (US$892.9 million)
- No-Academic-Fee Policy for First-Year Students in Public Tertiary Institutions: GH¢499.8 million (US$32.2 million)
- Distribution of Free Sanitary Pads to Female Students: GH¢292.4 million (US$18.9 million)
- Support for Victims of the Akosombo Dam Spillage: GH¢242.5 million (US$15.65 million)
- Support for Victims of the Tidal Wave Disaster in Ketu South: GH¢200 million (US$12.9 million)
- Free Secondary Education Programme: GH¢3.5 billion (US$225.8 million)
- Comprehensive Provision of Free Curricula-Based Textbooks: GH¢564.6 million (US$36.4 million)
- School Feeding Programme: GH¢1.788 billion (US$115.7 million)
- Capitation Grant: GH¢145.5 million (US$9.4 million)
- Teacher Trainee Allowances: GH¢203 million (US$13.1 million)
- Nursing Trainee Allowances: GH¢480 million (US$30.9 million)
- National Health Insurance Scheme (NHIS): GH¢9.93 billion (US$640.6 million)
- Ghana Road Fund: GH¢2.81 billion (US$181.3 million)
- District Assembly Common Fund (DACF): GH¢7.51 billion (US$484.5 million)
- Agriculture for Economic Transformation Agenda (AETA): GH¢1.5 billion (US$96.8 million)
- Seed Fund for the Establishment of the Women’s Development Bank: GH¢51.3 million (US$3.3 million)
- National Apprenticeship Programme: GH¢300 million (US$19.4 million)
- ‘Adwumawura’ Programme: GH¢100 million (US$6.5 million)
- National Coders Programme: GH¢100 million (US$6.5 million)
The entire budget allocation for various sectors is GH¢43.3 billion, which is about US$2.79 billion when converted using the exchange rate of GHC15.50 to 1 US dollar as of today, March 11.