Member of Parliament for Ofoase Ayirebi and former Minister of Housing, Kojo Oppong Nkrumah, has raised concerns about the 2025 budget statement, suggesting that it reflects the Mahama administration’s priorities in a way that warrants reconsideration.
He noted that while the government has allocated 51 million Cedis as seed capital for the proposed Women’s Development Bank, a significantly higher amount of 71 million Cedis has been earmarked for research at the presidency.
Debating the budget statement in Parliament on Tuesday, March 18, Mr. Nkrumah stated, “Your budget, the one you have brought, betrays your priorities. Like they say, don’t tell me what your priorities are; show me your budget, and I will see what you value.”
He acknowledged that the establishment of the Women’s Development Bank demonstrates a commitment to supporting Ghanaian women but questioned the disparity in funding compared to the research allocation at Jubilee House.
Mr. Nkrumah called for a reevaluation of the budget to better reflect the needs and expectations of Ghanaians.