The 2025 Budget Statement and Economic Policy, the first major financial blueprint of the Mahama administration, will be presented to Parliament today by Finance Minister Dr. Cassiel Ato Forson.

This highly anticipated budget is expected to introduce key economic strategies aimed at stabilizing the economy, promoting growth, and addressing fiscal challenges.

One of the major policy shifts in the budget is the proposed elimination of several controversial taxes, including the Electronic Transfer Levy (E-Levy), the COVID-19 Health Levy, and the Betting Tax. These taxes, implemented by the previous administration, have faced widespread criticism for increasing the financial burden on Ghanaians.

By scrapping these levies, the Mahama administration seeks to ease the tax load on individuals and businesses while supporting economic recovery. Mobile money users, businesses, and those involved in online betting are among those expected to benefit from this tax relief.

Beyond tax reforms, the budget will also focus on job creation, infrastructure development, and social interventions aimed at improving the quality of life for Ghanaians.