{"id":21541,"date":"2025-07-25T17:52:19","date_gmt":"2025-07-25T17:52:19","guid":{"rendered":"https:\/\/expressnewsghana.com\/?p=21541"},"modified":"2025-07-25T17:52:19","modified_gmt":"2025-07-25T17:52:19","slug":"mid-year-budget-review-inspires-hope-in-ghanaians-mp-for-pru-west","status":"publish","type":"post","link":"https:\/\/expressnewsghana.com\/?p=21541","title":{"rendered":"Mid-Year Budget Review Inspires Hope in Ghanaians \u2013 MP for Pru West"},"content":{"rendered":"

The Member of Parliament for Pru West, Hon. Emmanuel Kofi Ntekuni, has expressed strong optimism about Ghana\u2019s economic trajectory following the presentation of the 2025 Mid-Year Budget Review in Parliament.<\/strong><\/p>\n

According to him, the Mid-Year Budget Review, delivered by Finance Minister Dr. Cassiel Ato Forson on Thursday, July 24, 2025, has not only inspired hope in Ghanaians but also reaffirmed the government’s commitment to inclusive and sustainable development.<\/p>\n

Speaking in an interview with ExpressNewsGhana<\/em><\/strong>, Hon. Ntekuni said the improved economic indicators and bold policy initiatives outlined in the budget are already yielding tangible benefits across multiple sectors, particularly education, infrastructure, and fiscal discipline.<\/p>\n

\u201cUnlike the past, when schools frequently reported food shortages, forcing some to shut down temporarily, we\u2019ve had no such issues this year. From January to June, there were no threats of school closures due to feeding or accommodation problems. Some infrastructure projects have even been completed to house students,\u201d he noted.<\/p>\n

He further praised the implementation of the government\u2019s First-Year Tertiary Fee Support programme, which provides financial relief to newly admitted tertiary students. According to him, this once-dismissed policy is now a lifeline for students across the country.<\/p>\n

\u201cThey thought it was a campaign gimmick when we said first-year tertiary students would get fee support. Today, that policy is real\u2014monies have been disbursed, and students are learning without financial stress,\u201d Hon. Ntekuni stated.<\/p>\n

\"\"
HON DR ATO FORSON, MINISTER FOR FINANCE<\/em><\/figcaption><\/figure>\n

Key Highlights of the 2025 Mid-Year Budget Review<\/strong><\/p>\n

The Mid-Year Budget Review, themed \u201cSustaining Progress, Protecting the Ghanaian\u201d, reflected significant progress in stabilizing the economy and laying the foundation for long-term growth.<\/p>\n

Among the highlights were the cedi has strengthened markedly against major foreign currencies, while the exchange rate against the dollar has improved to GH\u00a211.20, down from about GH\u00a214.50 in early 2025.<\/p>\n

On the inflation control, the Minister said year-on-year inflation dropped from 38.1% at the end of 2024 to 25.4% as of June 2025 and as well as an improved credit rating , making Ghana\u2019s sovereign credit rating been upgraded to B-, a major step forward from its previous junk status.<\/p>\n

\u201cThe fiscal deficit has narrowed to 5.8% of GDP, down from 7.3% in the previous year and gross international reserves now stand at $6.3 billion, providing over three months of import cover.<\/p>\n

Hon. Ntekuni commended the government\u2019s resolve to address the widespread use of foreign currency, particularly the US dollar in local transactions, stating, \u201cWhy should a landlord in Ghana demand rent in dollars when we use the cedi? Quoting prices in foreign currency contributes to inflation. The Minister has made it clear: all contracts and transactions must now be denominated in cedis.\u201d<\/p>\n

This policy, he said, is crucial for containing inflation and stabilizing the economy to boost development across every sector.<\/p>\n

\"\"
Hon Emmanuel Kofi Ntekuni<\/em><\/figcaption><\/figure>\n

Commenting on infrastructure, the MP revealed that his constituency has been selected as a beneficiary under the government\u2019s \u201cBig Push\u201d infrastructure initiative.<\/p>\n

The initiative, as highlighted in the Mid-Year Budget, includes the construction of 160 township roads across the country, with 10 kilometers allocated to Pru West.<\/p>\n

\u201cPru West is highly represented on the project list. I plan to implement the 10-kilometer road project in Prime Township, our capital. This will modernize the area and boost economic activities. Improved road networks attract businesses and make life easier for commuters,\u201d he explained.<\/p>\n

Hon. Ntekuni described the current government\u2019s efforts as \u201ctruly impactful,\u201d adding that the benefits of these policies are being felt in real time by ordinary citizens.<\/p>\n

\u201cThis government is delivering, and I hope this momentum continues. Ghanaians are beginning to feel the difference,\u201d he added.<\/p>\n

 <\/p>\n

Source: Felix Nyaaba\/expressnewsghana.com<\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Member of Parliament for Pru West, Hon. Emmanuel Kofi Ntekuni, has expressed strong optimism about Ghana\u2019s economic trajectory following the presentation of the 2025 […]<\/p>\n","protected":false},"author":1,"featured_media":21542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[82],"tags":[],"class_list":["post-21541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-news"],"yoast_head":"\nMid-Year Budget Review Inspires Hope in Ghanaians \u2013 MP for Pru West - 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=21541\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mid-Year Budget Review Inspires Hope in Ghanaians \u2013 MP for Pru West - Express News Ghana\" \/>\n<meta property=\"og:description\" content=\"The Member of Parliament for Pru West, Hon. 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