• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, December 3, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Finance Minister’s Pre-Budget Engagement: Genuine Consultation or Populism?

Evans Junior Owuby Evans Junior Owu
March 10, 2025
Reading Time: 5 mins read
Dr Cassiel Ato Forson, Minister of Finance interacting with traders at the Makola Market

Dr Cassiel Ato Forson, Minister of Finance interacting with traders at the Makola Market

As Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, prepares to present the 2025 Budget on March 11, his recent engagement strategy has drawn both commendation and criticism. 

His outreach efforts—including a visit to Makola Market and a Twitter Space conversation with Ghanaian youth—have sparked a national debate. 

While some laud these interactions as a move toward inclusive governance, others, especially members of the opposition New Patriotic Party (NPP), dismiss them as mere populism.

RelatedPosts

Obasanjo Hails Mahama’s Accra Reset at G20

Suhuyini Demands UG Flexibility on WASSCE Failure, Slams Zipline Termination Calls

Health Committee MP Slams Zipline Fraud, Endorses 120% NHIS Tariff

Dr. Forson’s defense of his approach was unequivocal. He emphasized that these engagements were neither the beginning nor the end of his consultations ahead of the budget presentation. 

According to him, the government had already conducted a national economic dialogue, which produced some consensus. However, he noted that governance must go beyond elite-level discussions to directly involve ordinary citizens.

During his Twitter Space interaction, Dr. Forson reiterated his commitment to a bottom-up policymaking process, expressing his committment to continuous citizen engagement.

ADVERTISEMENT

“I’m not here to read a budget, but I’m here to hear from you what you think can make a difference in your lives if the government heed your call. But I want to make something very clear. I do not take the people of Ghana for granted. I’m not here because I want to be here. I’m here because I want to hear your voice.”

Dr Cassiel Ato Forson, Minister of Finance

He sought to dispel concerns that the budget was already finalized, insisting that his ministry was still working on it and soliciting further input. 

This assertion challenges the long-standing perception that Ghana’s budgetary process is driven by bureaucratic insiders with little input from the populace. 

Ato Forson 7
Dr Cassiel Ato Forson, Minister of Finance

If Dr. Forson’s approach is genuinely meant to integrate public opinion, it could signal a departure from the typical top-down policymaking that has characterized Ghana’s economic governance. 

However, his critics argue that such public engagements are mere political theater, designed to project a false sense of inclusivity while the key fiscal decisions have already been made.

The opposition NPP has been quick to criticize Dr. Forson’s engagement strategy. According to some NPP members, the Finance Minister’s visit to Makola and subsequent online interaction were politically calculated moves to win public sympathy rather than genuine attempts to influence the budget’s final outlook. 

The skepticism is not without precedent. Over the years, political actors have often used town hall meetings and market visits as publicity stunts rather than serious forums for policy input.

Dr. Forson, however, refuted this claim outrightly, asserting that some meaningful policy ideas can still be incorporated at this late stage. 

“Ignore the propaganda that the budget has already been prepared. As I speak with you, I sit at the Ministry of Finance. We are still working. Yes, we’ve made some significant progress, but we are still soliciting more ideas, and we believe that together, we can make our country better through policies that are generated from the bottom up”. 

Dr Cassiel Ato Forson, Minister of Finance

If his consultations lead to budgetary policies that address key economic concerns—such as inflation, youth unemployment, and the high cost of living—then the outreach efforts could indeed be substantive rather than superficial.

The Reality of Ghana’s Economic Situation

Beyond the political wrangling, the most critical question remains: Will the 2025 Budget reflect the economic realities facing Ghanaians? 

The country’s economic challenges are well-documented—rising inflation, a depreciating cedi, high public debt, and an ongoing IMF program that imposes fiscal constraints. 

For many ordinary citizens, the upcoming budget is not just about policy pronouncements but about how it will impact their daily lives. 

Dr. Forson’s emphasis on public engagement could suggest a willingness to craft policies that resonate with the lived experiences of Ghanaians. 

However, the extent to which these conversations translate into tangible policy shifts will ultimately determine whether his efforts are seen as meaningful governance or mere political showmanship.

If Dr. Forson’s approach proves to be more than symbolic, it could pave the way for a new era of participatory budgeting in Ghana. 

Many advanced democracies have long institutionalized citizen participation in budget formulation, recognizing that economic policies must reflect diverse perspectives to be effective.

However, for Ghana to achieve this, engagement must go beyond a few public visits and social media interactions.  A systematic framework for incorporating public input into the budget process must be established. 

Ato Forson 9
Dr Cassiel Ato Forson, Minister of Finance interacting with a trader at the Makola Market as part of his pre-budget engagement

Town hall meetings, online consultations, and stakeholder engagements should not just be events but part of a structured process where citizens can track how their contributions influence final policy outcomes.

As Dr. Forson prepares to present the 2025 Budget, the true test of his engagement strategy will be its policy outcomes. 

If his interactions with traders, youth, and other stakeholders are reflected in a budget that addresses the core economic hardships facing Ghanaians, he will set a precedent for inclusive governance. 

However, if the final budget mirrors the usual top-down approach, his efforts will be dismissed as political posturing.

For now, the jury is still out. Whether one views Dr. Forson’s approach as a genuine attempt at participatory governance or a populist maneuver depends largely on what the 2025 Budget delivers. 

READ ALSO: Ghana to Construct Second Mooring System in Tema 

Tags: 2025 BudgetAto ForsonEconomic DialogueGhana EconomyMakola visitNPP criticismparticipatory budgetingpolicy consultationpopulism vs governancepublic input.youth engagement
Share2Tweet2ShareSendSend
Please login to join discussion
Previous Post

DR Congo’s Mineral Wealth Curse 

Next Post

Calls Grow for a Ban on PEP’s Acquiring State Assets

Related Posts

Former Nigerian President Olusegun Obasanjo at G20
General News

Obasanjo Hails Mahama’s Accra Reset at G20

December 3, 2025
Hamza Suhuyini Sayibu, Lawyer and NDC Communicator
General News

Suhuyini Demands UG Flexibility on WASSCE Failure, Slams Zipline Termination Calls

December 3, 2025
Hon. Dr. Thomas Winsum Anabah, MP for Garu
General News

Health Committee MP Slams Zipline Fraud, Endorses 120% NHIS Tariff

December 3, 2025
Ghana's Minister for Foreign Affairs, Hon. Samuel Okudzeto Ablakwa
General News

Ghana Offers Free Visas for Diaspora Summit 2025 Participants

December 3, 2025
Vice President Jane Naana Opoku-Agyemang
General News

Vice President Pledges Greater Dignity and Economic Empowerment for Inmates

December 2, 2025
Deputy Minister for Communication, Digital Technology and Innovations, Hon. Mohammed Adams Sukparu
General News

Govt Boosts Network Quality with New Spectrum Allocation

December 2, 2025
Economy

Inflation Target Band Revision Set for Next Year – BOG

by Michael Teye-Bio NaduteyDecember 3, 2025
Former Nigerian President Olusegun Obasanjo at G20
General News

Obasanjo Hails Mahama’s Accra Reset at G20

by Evans Junior OwuDecember 3, 2025
Africa’s Natural Gas
Extractives/Energy

Africa’s Natural Gas Future Takes Shape as Demand Set to Rise 60% by 2050 — AEC

by Prince AgyapongDecember 3, 2025
Extractive Sector
Extractives/Energy

Government in Good Position to Fulfill Extractive Sector Promises – Alliance of CSOs Project

by Bless Banir YarayeDecember 3, 2025
Ghana’s FDI Hits US$378m as Manufacturing Dominates a Record-Breaking Q3 Surge
Economy

Ghana’s FDI Hits US$378m as Manufacturing Dominates a Record-Breaking Q3 Surge

by M.CDecember 3, 2025
GIPC Report Exposes Massive Investment Imbalance in Ghana
Vaultz Business

GIPC Report Exposes Massive Investment Imbalance in Ghana

by M.CDecember 3, 2025
Former Nigerian President Olusegun Obasanjo at G20
Africa’s Natural Gas
Extractive Sector
Ghana’s FDI Hits US$378m as Manufacturing Dominates a Record-Breaking Q3 Surge
GIPC Report Exposes Massive Investment Imbalance in Ghana

Recent News

inflationtargeting 1200x675 cropped

Inflation Target Band Revision Set for Next Year – BOG

December 3, 2025
Former Nigerian President Olusegun Obasanjo at G20

Obasanjo Hails Mahama’s Accra Reset at G20

December 3, 2025
Africa’s Natural Gas

Africa’s Natural Gas Future Takes Shape as Demand Set to Rise 60% by 2050 — AEC

December 3, 2025
Extractive Sector

Government in Good Position to Fulfill Extractive Sector Promises – Alliance of CSOs Project

December 3, 2025
Ghana’s FDI Hits US$378m as Manufacturing Dominates a Record-Breaking Q3 Surge

Ghana’s FDI Hits US$378m as Manufacturing Dominates a Record-Breaking Q3 Surge

December 3, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address