Finance

IERPP Criticizes 2025 Budget, Warns of Revenue Shortfalls and Questionable Priorities

The Institute for Economic Research and Public Policy (IERPP) has raised concerns over Ghana’s 2025 budget, highlighting potential revenue shortfalls and questionable allocation priorities. Analysts warn that the government’s proposed tax reforms could result in a GH₵7.1 billion revenue gap, prompting calls for innovative solutions to ensure fiscal stability.

During a recent post-budget dialogue, held in collaboration with the University of Professional Studies, Accra (UPSA), IERPP experts described aspects of the 2025 budget as “contradictory and technically unsound”, citing the need for the government to revise revenue and expenditure projections transparently.

The IERPP also criticized budget allocations, noting that GH₵3.82 billion was earmarked for the Presidency, while essential sectors such as healthcare received minimal provisions, leaving nurses and junior doctors underfunded.

The institute’s assessment underscores the importance of fiscal responsibility and prioritization as Ghana seeks to balance developmental goals with economic realities, urging the government to address structural weaknesses and enhance accountability in budget implementation.

Source: Thepressradio.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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