Ghana’s Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has revealed that the 2025 budget will shed light on the economic mismanagement of the previous NPP government. Apexnewsgh reports
Speaking ahead of the budget presentation, Armah-Kofi Buah expressed concerns about the economic crisis inherited from the former administration, citing severe financial downturns that will be reflected in the new budget.
According to Armah-Kofi Buah, the NPP’s mismanagement has left the country in a dire financial state. “This budget is going to confirm to the people of Ghana the hole that has been created,” he stated. However, he also emphasized the new administration’s commitment to steering the country toward economic recovery.
The 2025 budget is expected to not only detail the current financial difficulties but also outline a clear path toward revitalization and growth. Armah-Kofi Buah assured Ghanaians that the budget will provide a plan for prosperity and hope in the coming years. As Ghana navigates its post-election economy, decisions made in the coming months will determine the country’s long-term economic trajectory.
Ghana’s economy is projected to grow at a slower pace in 2025, with a forecasted real GDP growth rate of 3.6%. The World Bank has also predicted that Ghana’s economy will recover to its potential growth by 2025, driven by industry and services.
Source: Apexnewsgh.com
