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An Analysis of the 2025 Budget and Economic Policy: A Balance Between Fulfilling Manifesto Promises and Fiscal Discipline
10th April 2025 | News
An Analysis of the 2025 Budget and Economic Policy: A Balance Between Fulfilling Manifesto Promises and Fiscal Discipline

Prepared by the Department of Finance at the School of Business, this insightful report — featuring expert contributions from Prof. Issahaku Haruna, Dr. Yazidu Ustarz, and Dr. Yakubu Ibrahim Nandom — offers a thorough examination of Ghana's 2025 Budget Statement presented on March 13, 2025.

The analysis explores the delicate balance the government seeks to strike between delivering on manifesto promises and maintaining fiscal discipline. It evaluates the budget's broader implications for economic growth, fiscal sustainability, and social welfare.

Key highlights include:

  1. In-depth evaluation of revenue measures, including tax reforms and innovative revenue generation strategies
  2. Critical analysis of expenditure priorities in education, healthcare, infrastructure, and social protection
  3. Sectoral performance reviews across agriculture, industry, and services
  4. Projections on economic growth, inflation, and employment trends
  5. Policy recommendations aimed at enhancing revenue mobilization, expenditure efficiency, debt sustainability, and governance

This report is an essential resource for policymakers, researchers, students, and citizens interested in understanding and shaping Ghana's economic future. It reflects the University's enduring commitment to producing impactful research that supports national development.

Click to download the full report.

© 2025 University for Development Studies