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Finance Minister Ofori-Atta out; Dr. Amin Adam in as Finance Minister

By: Emmanuel Oti Acheampong President Akufo-Addo has finally embarked on his first Ministerial reshuffle after close to eight years of governance and the Finance Minister, Ken Ofori-Atta, has been relieved of his duty. In a tall list submitted to Parliament for prior approval, the President has made some changes which are believed to help in […]

IMF approves second $600m for immediate disbursement to Ghana

By: Franklin ASARE-DONKOH The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana. The IMF Ghana Country Director announced this during a joint press conference held on Friday, January 19, 2024. “The Executive Board of the International Monetary Fund (IMF) completed today the First review of the $3 billion, 36-month […]

New DDEP open for ESLA, Daakye bondholders -Finance Ministry 

By: Franklin ASARE-DONKOH The government has opened fresh invitations to E.S.L.A. Plc and Daakye Trust Plc bondholders to trade their holdings for a new package under the Domestic Debt Exchange Programme (DDEP). The announcement, which was contained in a press release from the Ministry of Finance, also urged holders of domestic notes and bonds to […]

Finance Minister to present 2023 Mid-Year Budget Review on July 25 

By: Edzorna Francis Mensah  The Minister of Finance, Ken Ofori Atta is expected to present the Mid-Year Budget Statement and Economic Policy of the Government of Ghana for the 2023 Financial Year to Parliament on Tuesday 25th July 2023.  This will be done under the Public Financial Management Act, 2016 (Act 921), and Members are entreated […]