Sammy Gyamfi, the Acting Chief Executive of the Precious Minerals Marketing Company (PMMC) and National Communications Officer of the National Democratic Congress (NDC), has asserted that the 2025 Budget Statement and Economic Policy have left the opposition New Patriotic Party (NPP) without a strong counterargument. According to him, the NPP’s criticisms of the budget are mere attempts to energize their support base rather than substantive concerns. He observed that the behavior of NPP legislators during the budget presentation suggested internal distress within the party, with some appearing uncertain about its future. Gyamfi’s remarks followed comments by former Finance Minister Dr. Mohammed Amin Adam Antah, who had labeled the budget a “sakawa budget,” implying deception. However, Gyamfi dismissed these claims, stating in an interview on TV3’s *NewDay* that the NPP was overwhelmed by the well-structured nature of the budget, leading them to resort to dramatic statements to maintain relevance.
Before the budget’s presentation, Gyamfi had expressed confidence that the government’s fiscal policies would align with the expectations of Ghanaians, delivering on promises made during the election campaign. He assured that the NDC administration was committed to restoring hope and economic stability through strategic financial decisions. Gyamfi reiterated that the government had carefully planned the tax cuts and policy changes before their announcement, ensuring they would not hinder the administration’s ability to fulfill its commitments. He emphasized that the implementation of these budgetary measures would not face major obstacles, as the proposed tax abolitions had been thoughtfully crafted to balance revenue generation with economic relief. Many citizens anticipate that the NDC government will fulfill its “reset” agenda, particularly after what they perceive as the poor performance of the previous NPP administration, which resulted in a decisive electoral defeat in December 2024.
The 2025 budget includes proposals to eliminate several unpopular taxes introduced and maintained by the former government, pending parliamentary approval. This move is expected to ease financial burdens on businesses and individuals, providing economic relief after years of hardship. The policy shift aims to stimulate economic growth and restore public confidence in governance. Additionally, the budget has been met with optimism by sections of the public who believe the tax cuts will alleviate some of the economic difficulties that characterized the previous administration. Meanwhile, the government continues to express confidence in its ability to implement these changes without facing revenue shortfalls, reinforcing its commitment to fulfilling campaign promises. As the NDC administration embarks on this new economic direction, the political landscape remains charged, with the opposition struggling to mount a compelling counter-narrative against the proposed policies.
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