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    Home»News Updates»Parliament approves 2025 Appropriation Bill …govt to access GH¢293bn from consolidated fund
    News Updates

    Parliament approves 2025 Appropriation Bill …govt to access GH¢293bn from consolidated fund

    ZamZam UpdateBy ZamZam UpdateApril 2, 2025No Comments3 Mins Read
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     Parliament has permitted the 2025 Appropria­tion Invoice, permitting the federal government to entry GH¢293 billion from the consolidated fund and different public sources for the 2025 monetary 12 months.

    This laws offers the framework for presidency spending, guaranteeing sources are directed in direction of crucial sectors of the economic system.

    The permitted price range in­cludes a big allocation of GH¢68 billion for wages and salaries, underscoring the federal government’s dedication to enhancing the dwelling requirements of public sector staff.

    Moreover, GH¢13 billion has been put aside to filter­standing arrears from earlier years.

    Through the debate on the invoice, the Minister for Finance, Dr Casiel Ato Forson, ex­plained that the surplus quantity of GH¢3 billion noticed within the appropriation was as a consequence of further income generated via Internally Generated Funds (IGF).

    In keeping with the minister, these further revenues can be used to settle accrued arrears from the previous 12 months.

    “Mr Speaker, we agreed that these further revenues shall be used to pay down arrears which have been accrued within the final 12 months.

    “This doesn’t have an effect on the underside line, the first steadiness as a surplus of 1.5 per cent. We labored carefully with the commit­tee and defined these particulars to them,” Dr Forson added.

    He additional famous that the approval of the Appropriation Invoice wouldn’t take impact till it had been assented to.

    The Minister burdened that whereas the invoice grants authorisa­tion to spend, precise expenditure would depend upon the supply of funds, clarifying that spend­ing could possibly be under, however not exceed the allotted quantity.

    In the meantime, the Minori­ty Chief Whip and Mem­ber of Parliament (MP) for Nsawam-Adoagyir, Annoh Dompreh, raised considerations over the GH¢3 billion extra within the appropriation determine.

    He requested additional expla­nation from the Minister of Finance concerning this discrep­ancy.

    He additionally questioned the inclu­sion of the Gold Board within the appropriation, arguing that the method for its consideration was not but full.

    “Now we have began the method, however we aren’t executed but. So we can not put the cart earlier than the horse, but I discover the Gold Board captured within the appropriation. Would you need to low cost it and anticipate its passage into regulation earlier than capturing it within the ap­propriation?” Annoh Dompreh queried.

    Regardless of these considerations, he expressed his assist for the passage of the invoice whereas de­manding additional clarification on the problems raised

     BY RAISSA SAMBOU



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