Finance Minister Dr. Ato Forson Leads Team to Engage Market Women and Kayayei Ahead of Budget 2025

In a proactive move to ensure inclusive policymaking, Finance Minister Dr. Ato Forson led a high-level engagement with market women, head porters (kayayei), and other traders at Makola Market today, March 8th, ahead of the much-anticipated 2025 National Budget presentation. The interactive session aimed to gather firsthand insights into the challenges and expectations of these essential contributors to Ghana’s informal economy.

Recognizing the critical role of market women and kayayei in driving grassroots economic activities, Dr. Forson emphasized the government’s commitment to formulating policies that directly address their needs. Discussions centered on key concerns such as:

Access to Financial Support: Many traders expressed the need for improved access to microcredit and financial aid to sustain and expand their businesses.
Market Infrastructure Development: Participants highlighted the urgent need for better market facilities, sanitation, and security to enhance the business environment.
Cost of Living and Inflation: Traders voiced concerns about rising commodity prices and transportation costs, calling for interventions to stabilize the economy.
Social Protection for Informal Workers: The kayayei community, in particular, advocated for policies that provide better social security, healthcare, and vocational training opportunities.

Dr. Forson assured attendees that their input would be carefully considered as the government finalizes the 2025 fiscal policy. He reiterated that the budget will prioritize inclusive economic growth, poverty alleviation, and small business support, in line with the broader vision of Resetting Ghana for a more resilient and equitable future.

As the nation awaits the 2025 Budget Statement and Economic Policy on Tuesday, March 11, expectations remain high for measures that will drive economic stability, enhance social protection, and create opportunities for all.

The engagement at Makola Market underscores the government’s commitment to fostering an economy where every Ghanaian, regardless of socio-economic status, has a stake in national development. With Budget 2025 on the horizon, the voices of market traders and kayayei will play a crucial role in shaping policies that promote shared prosperity.

Additionally, Dr. Ato Forson will participate in a live discussion on X (Twitter) with renowned social media influencer Kaly Jay on March 9, 2025, at 8:00 PM GMT. This session aims to engage the youth directly, providing insights and addressing concerns ahead of the Budget 2025 presentation on Tuesday, March 11. Anticipate!