PwC Ghana, a leading firm specializing in audit, assurance, and tax services, has conducted a comprehensive review of the 2025 Budget, presented by Finance Minister Dr. Cassiel Ato Forson on March 11, 2025.
According to PwC, the budget underscores the government’s commitment to an economic reset, aligning with campaign promises to stabilize and restructure Ghana’s economy.
In its analysis, PwC referenced its 2023 Mid-Year Budget Digest, reiterating its long-standing position on the need for urgent structural reforms.
The firm had previously warned that Ghana’s economy remained fragile, cautioning businesses and households to expect tighter conditions before a potential recovery.
Key Budgetary Reforms
One of the most notable policy shifts in the 2025 Budget is the planned removal of the electronic levy (E-Levy), set to take effect by March 31, 2025, as confirmed by Deputy Finance Minister Thomas Ampem Nyarko.
PwC acknowledges that this, along with other economic reforms, will significantly shape Ghana’s financial landscape in the years ahead.
PwC’s review highlights the importance of these measures in achieving long-term economic stability and growth, stressing that while the reforms may pose short-term challenges, they are essential for restoring investor confidence and strengthening fiscal sustainability.
The firm emphasized that successful implementation of these policies will require strategic execution, transparency, and stakeholder collaboration to ensure Ghana’s economic resilience in the face of global uncertainties.
By: J.W Quarm.
