{"id":19952,"date":"2025-03-21T11:15:13","date_gmt":"2025-03-21T11:15:13","guid":{"rendered":"https:\/\/expressnewsghana.com\/?p=19952"},"modified":"2025-03-21T11:15:13","modified_gmt":"2025-03-21T11:15:13","slug":"2025-budget-expenditure-allocation-contradicts-lean-government-agenda-abena-osei-asare","status":"publish","type":"post","link":"https:\/\/expressnewsghana.com\/?p=19952","title":{"rendered":"2025 Budget Expenditure Allocation Contradicts Lean Government Agenda \u2013 Abena Osei-Asare"},"content":{"rendered":"<p><strong>Former Minister of State at the Finance Ministry and Member of Parliament for Atiwa East, Hon. Abena Osei-Asare, has sharply criticized the 2025 Budget, describing it as economically weak and contradictory to the government&#8217;s own claims of lean governance.<\/strong><\/p>\n<p>Speaking during the parliamentary debate on the 2025 Budget Statement presented by Finance Minister Dr. Cassiel Ato Forson on March 11, Hon. Osei-Asare argued that the budget\u2019s proposed increase in government spending is a defies the government claims of lean administration.<\/p>\n<p>She questioned the rationale behind the addition of GH\u00a223.5 trillion to expenditure, saying it directly contradicts the administration&#8217;s commitment to rationalizing public spending.<\/p>\n<p>\u201cThis government says its cutting costs, yet it keeps inflating its expenditure. How can Ghanaians trust a government that preaches austerity but practices extravagance?\u201d she questioned.<\/p>\n<p>Hon. Osei-Asare also took issue with the country\u2019s rising debt levels, revealing that between 2017 and 2034, Ghana\u2019s debt had surged by an additional $20 billion\u2014leading to persistent budget deficits that she claims burden the economy.<\/p>\n<p><strong>Economic Performance under NPP vs Current Administration<\/strong><\/p>\n<p>Hon. Osei-Asare highlighted what she described as the NPP\u2019s more stable economic track record, citing inflation figures as evidence.<\/p>\n<p>She noted that under the NPP, inflation was reduced from 19.2% in March 2016 to 15.4% by December 2016\u2014bringing it closer to the inflation target of under 11%.<\/p>\n<p>She criticized the current administration for missing its inflation targets and engaging in what she called \u201creckless spending.\u201d<\/p>\n<figure id=\"attachment_19930\" aria-describedby=\"caption-attachment-19930\" style=\"width: 496px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-19930\" src=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2025\/03\/50067406_2191414594222102_2127752340608909312_n.jpg\" alt=\"\" width=\"496\" height=\"450\" srcset=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2025\/03\/50067406_2191414594222102_2127752340608909312_n.jpg 496w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2025\/03\/50067406_2191414594222102_2127752340608909312_n-250x227.jpg 250w\" sizes=\"(max-width: 496px) 100vw, 496px\" \/><figcaption id=\"caption-attachment-19930\" class=\"wp-caption-text\">Hon Abena Osei-Asare<\/figcaption><\/figure>\n<p>According to her, the previous NPP government oversaw significant economic growth, with GDP expanding from $20 billion to an estimated 1.2 trillion cedis.<\/p>\n<p>&#8220;The current economic direction lacks focus. It\u2019s not equipped to sustain the growth we achieved,&#8221; she said.<\/p>\n<p><strong>Employment, Social Interventions under Fire<\/strong><\/p>\n<p>The lawmaker further criticized the government&#8217;s job creation efforts, particularly the National Apprenticeship Program, which she claimed is underperforming.<\/p>\n<p>\u201cThey promised 400,000 new jobs, but the figures simply don\u2019t support the claim. The economic conditions make such promises look unrealistic,\u201d she stated.<\/p>\n<p>She also expressed concern over what she termed the poor implementation of social intervention programs, especially those aimed at youth development. According to her, many of these initiatives have been mismanaged or inadequately executed.<\/p>\n<p><strong>Call for Rethinking Economic Strategy<\/strong><\/p>\n<p>Concluding her remarks, Hon. Osei-Asare described the 2025 budget as a &#8220;missed opportunity&#8221; to address pressing national issues. She accused the government of over-relying on taxation at the expense of productive, growth-driven policies.<\/p>\n<p>\u201cThe government\u2019s strategy is failing to deliver meaningful improvements in the lives of ordinary Ghanaians. We need a bold rethink\u2014one that centers on sustainable growth, jobs, and revenue generation rather than excessive borrowing and unchecked expenditure,\u201d she emphasized.<\/p>\n<p>Her comments add to the growing chorus of opposition voices raising alarm over the country\u2019s fiscal trajectory and economic governance under the current administration.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Source: Felix Nyaaba | ExpressNewsGhana.com<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Minister of State at the Finance Ministry and Member of Parliament for Atiwa East, Hon. Abena Osei-Asare, has sharply criticized the 2025 Budget, describing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[4226],"class_list":["post-19952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-expenditure-abena"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2025 Budget Expenditure Allocation Contradicts Lean Government Agenda \u2013 Abena Osei-Asare - Express News Ghana<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/expressnewsghana.com\/?p=19952\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2025 Budget Expenditure Allocation Contradicts Lean Government Agenda \u2013 Abena Osei-Asare - Express News Ghana\" \/>\n<meta property=\"og:description\" content=\"Former Minister of State at the Finance Ministry and Member of Parliament for Atiwa East, Hon. 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