Mid-Year Budget: Gov’t to Pay Trainee Allowances Monthly – Finance Minister Assures
Ato Forson says government has cleared all arrears from January to June 2025 and pledges prompt monthly payments going forward
- All trainee allowances from January to June 2025 have been fully paid
- Monthly payments will begin at the end of July 2025
- Finance Minister assures sustained support under Mahama-led administration.
Finance Minister Dr. Cassiel Ato Forson has announced that beginning this month, nursing and teacher trainees will receive their allowances at the end of every month without delay.
Addressing Parliament during the presentation of the 2025 Mid-Year Fiscal Policy Review, Dr. Forson disclosed that all allowances due to trainees from January to June 2025 have been fully paid.
He assured the House that the new arrangement will ensure prompt monthly disbursement moving forward.
“I am pleased to inform this House that we have paid all allowances due to nursing and teacher trainees from January to June 2025. From the end of this month, all nursing and teacher trainees will receive their allowances promptly,” he stated.
The announcement forms part of the Mahama administration’s broader economic recovery strategy, which Dr. Forson said is already yielding visible and measurable results just six months into its implementation.
Highlighting key achievements, the Finance Minister reported that Ghana’s economic growth in the first quarter reached a five-year high, inflation dropped to a four-year low, and the country’s debt-to-GDP ratio is at its lowest in five years. Additionally, the cedi has experienced significant appreciation, reversing much of the depreciation seen between 2022 and 2024.
He also cited reductions in the prices of fuel, food, building materials, and essential commodities. For example, a 25kg bag of Royal Aroma rice now sells for GH¢356, down from GH¢650 in January, while Yazz sanitary pads have reduced from GH¢25 to GH¢15.
“This is the reset President Mahama promised,” Dr. Forson declared. “In six months, we have lessened the burden on households and businesses.”
The Minister further outlined key payments made to support critical sectors, including:
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US$700 million in Eurobond obligations,
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GH¢10 billion to domestic bondholders,
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GH¢9.1 billion to the energy sector for power stability,
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GH¢2.9 billion to the District Assemblies Common Fund,
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GH¢2.7 billion to SSNIT,
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GH¢4.6 billion to GETFund, and
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GH¢5 billion to clear outstanding arrears.
Dr. Forson concluded on a hopeful note, asserting that the Mahama administration’s economic management model is working and that the turnaround is clearly in sight.
