ALL POSTS FILED UNDER: FINANCE MINISTER
BoG, ECG, and COCOBOD in massive financial distress – Finance Minister
Add a CommentFinance Minister Dr Cassiel Ato Forson says the Bank of Ghana (BoG) currently holds a negative equity of GHS55 billion. This significant financial challenge was inherited from the previous administration, and it underscores the need for immediate government intervention to … Read more →
2025 Budget: Cocoa sector is sadly on its knees – Finance Minister
Add a CommentThe Minister of Finance Dr Cassiel Ato Forson has told Parliament during the 2025 budget presentation that the cocoa sector is collapsing. He attributed this to high debts in the sector. He told Parliament on Tuesday, March 11 that “COCOBOD’s … Read more →
Finance Minister seeks GHc500m emergency funding to tackle looming food insecurity
Add a CommentThe Minister for Finance, Dr. Mohammed Amin Adam, has made an urgent request for GH?500 million from the Contingency Fund to combat the escalating drought crisis in the northern regions. The move comes as the country faces a severe food … Read more →
Finance Minister to present mid year budget today
Add a CommentThe Minister for Finance, Dr. Mohammed Amin Adam (MP), per Section 28 of the Public Financial Management Act, 2016 (Act 921), will be presenting to Parliament, the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the … Read more →
Ghana’s economy will surprise the world – Finance Minister
Add a CommentGhana’s Finance Minister, Dr. Mohammed Amin Adam, has made a bold declaration regarding the country’s economic trajectory, stating that it is experiencing a robust rebound after facing significant challenges over the past two years. Speaking at a UK Town Hall … Read more →
Cedi records 8.3% depreciation against major currencies in 2024 – Finance Minister
Add a CommentThe Finance Minister, Dr. Mohammed Amin Adam, has stated that the Ghanaian cedi has stabilised strongly against major trading currencies since January 2024 to date due to prudent measures by the Bank of Ghana (BoG) and the Finance Ministry. He … Read more →
“I will soon visit ports to weed out corrupt activities” – Finance Minister
Add a CommentFinance Minister Dr. Mohammed Amin Adam has hinted of visiting some ports across the country soon to weed out corrupt activities. This comes after several reports of corrupt activities of some ports officials. Dr Amin Adam indicated that he has … Read more →
Finance Minister to present 2024 budget on Wednesday
Add a CommentOn Wednesday, November 15, the Minister for Finance, Ken Ofori-Atta, will present the 2024 Budget Statement and Economic Policy of the government in Parliament. This presentation aims to outline the government’s strategies for revenue generation and policies to alleviate the … Read more →
2nd tranche of IMF cash arrives in December – Finance Minister
Add a CommentIn an effort to support Ghana’s balance of payments for 2023 and 2024, Finance Minister Ken Ofori-Atta has announced that the country is on track to receive the second tranche of the IMF bailout cash in December. The Bank of … Read more →
Full text: Finance Minister’s speech on DDEP deadline eve
Add a CommentFinance Minister Ken Ofori-Atta addressed the nation on Monday recommending that bondholders accept the Domestic Debt Exchange Programme (DDEP) otherwise, reviving the economy will be a Herculean task for Akufo-Addo’s government. He stated that Tuesday, February 7, 2023, deadline for … Read more →
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