Following the Ghana Post-Budget Forum 2025, held on March 13, 2025, KPMG and the United Nations Development Programme (UNDP) have published the Ghana 2025 Budget Highlights. This publication provides a comprehensive analysis of Ghana’s economic strategy and fiscal policies for the upcoming year.
Prof. Rym Ayadi, President of EMEA, CEPS Senior Advisor, and co-founder of the Brain Capital Alliance and the Brain Economy Hub, was among the distinguished speakers at the forum. Alongside other experts, she discussed the budget’s impact on the economy, businesses, and citizens. The Ghana 2025 Budget Highlights report features two key insights from Prof. Ayadi’s intervention:
- “The government must ensure petroleum and gold revenues are leveraged effectively while renegotiating mining concessions and power agreements to maximize national benefits.”
- “For Ghana’s 2025 Budget to succeed, fiscal discipline must be matched with smart investment in infrastructure, sustainable energy reforms, and private sector-driven growth.”
The KPMG/UNDP 2025 Budget Highlights report evaluates Ghana’s fiscal policies and economic strategies, recognizing the country’s improved GDP growth (5.7% in 2024) amid challenges such as inflation (23.1%) and currency depreciation.
Key fiscal measures include the elimination of the E-Levy, betting tax, and emission levy, VAT reforms, and increased revenue generation through higher mining levies and the reintroduction of road tolls. Additionally, the government aims to enhance tax compliance through digitization and education while implementing stricter expenditure controls via procurement reforms and financial audits.
The report concludes that balancing tax reliefs with fiscal discipline is critical to ensuring long-term economic stability. It highlights the importance of effective execution, transparency, and accountability in achieving the budget’s objectives.
Link to the complete Ghana 2025 Budget Highlights
It is also worth noting that Kwame Sarpong Barnieh (CPA, CGMA), Head of Advisory at Ghana KPMG, is a member of the Executive Board of EMEA. A Certified Public Accountant with an Executive MBA from Penn State Smeal Business School, Kwame has extensive global experience working in the United States and across West Africa.
