Government allocates ¢43.3bn to various sectors of the economy

The Government has outlined financial allocations for various sectors and initiatives in the 2025 budget, with a focus on Agriculture, education, infrastructure, and disaster relief.

Presenting the 2025 budget in Parliament on March 11, the Minister for Finance, Dr Cassiel Ato Forson noted that the allocations will focus on supporting the government’s economic recovery and development priorities.

In all, there were 19 allocations highlighted in the budget and they include:

1. Big Push Programme: GH¢13.85 billion (US$892.9 million)
2. No-Academic-Fee Policy for First-Year Students in Public Tertiary Institutions: GH¢499.8 million (US$32.2 million)
3. Distribution of Free Sanitary Pads to Female Students: GH¢292.4 million (US$18.9 million)
4. Support for Victims of the Akosombo Dam Spillage: GH¢242.5 million (US$15.65 million)
5. Support for Victims of the Tidal Wave Disaster in Ketu South: GH¢200 million (US$12.9 million)
6. Free Secondary Education Programme: GH¢3.5 billion (US$225.8 million)
7. Comprehensive Provision of Free Curricula-Based Textbooks: GH¢564.6 million (US$36.4 million)
8. School Feeding Programme: GH¢1.788 billion (US$115.7 million)
9. Capitation Grant: GH¢145.5 million (US$9.4 million)
10. Teacher Trainee Allowances: GH¢203 million (US$13.1 million)
11. Nursing Trainee Allowances: GH¢480 million (US$30.9 million)
12. National Health Insurance Scheme (NHIS): GH¢9.93 billion (US$640.6 million)
13. Ghana Road Fund: GH¢2.81 billion (US$181.3 million)
14. District Assembly Common Fund (DACF): GH¢7.51 billion (US$484.5 million)
15. Agriculture for Economic Transformation Agenda (AETA): GH¢1.5 billion (US$96.8 million)
16. Seed Fund for the Establishment of the Women’s Development Bank: GH¢51.3 million (US$3.3 million)
17. National Apprenticeship Programme: GH¢300 million (US$19.4 million)
18. ‘Adwumawura’ Programme: GH¢100 million (US$6.5 million)
19. National Coders Programme: GH¢100 million (US$6.5 million)

In all the total budget allocation across the various sectors amounts to GH¢43.3 billion, which is approximately US$2.79 billion when converted using the exchange rate of GHC15.50 to 1 US dollar as of today, March 11.

In all the total budget allocation across the various sectors amounts to GH¢43.3 billion, which is approximately US$2.79 billion when converted using the exchange rate of GHC15.50 to 1 US dollar as of today, March 11.