NDC’s First Mid-Year Budget Review: What You Need to Know
BY: Mensah Maxwell - mensahm1815@gmail.com The newly elected National Democratic Congress (NDC) administration presented its first mid-year budget review on July 24, 2025, delivered by Finance Minister Dr. Ato Forson. The review provides a rare glimpse into the government’s fiscal strategy, emerging challenges, and how it plans to reshape Ghana’s economic direction. Below are the key takeaways from the ADOA TV Research Desk. EXPENDITURE : Credibility vs. Reality While the government has signaled fiscal restraint, the numbers tell a more complex story. Primary expenditure (excluding interest payments) overshot its target by GH¢2.8 billion, largely due to GH¢9.1 billion in unplanned payments to cover energy sector shortfalls. Meanwhile, some ministries and departments received little or no funding. Notably, the Ghana Gold Board, despite facilitating over $5 billion in gold exports, received zero government support. There were also no disbursements for petro...