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Tag Archives: Finance Minister’

Parliament Adjourned To January 2 As Finance Minister Fails To Present Mini-Budget

Ghana’s Parliament has been adjourned to January 2, 2024, after the Finance Minister, Dr Mohammed Amin Adam, failed to present the much-anticipated 2025 Mini-Budget before the close of the current session. The Mini-Budget, a constitutional requirement designed to provide a fiscal outlook for the upcoming year, was expected to address …

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Public Sector Salaries At Risk As Finance Minister Fails To Present Mini-Budget

The salaries of public sector workers for the first three months of 2025 are at risk, as the government faces a potential shutdown following the Finance Minister’s failure to present the mini-budget. Finance Minister Dr. Mohammed Amin Adam was expected to present the document on Monday, but he did not …

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Mid-Year Budget: Ghana’s Public Debt Hits GH¢742bn From GH₵658.6bn – Finance Minister Reveals

Dr Mohammed Amin Adam, the Finance Minister, has disclosed that the central government’s provisional total debt stood at GH¢742 billion (US$50.9 billion) as of June this year. This figure represents 70.6 per cent of the Gross Domestic Product (GDP). While delivering the 2024 mid-year budget review in parliament in Accra …

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Finance Minister To Present 2024 Mid-year Budget Review Today

Finance Minister Dr. Mohammed Amin Adam will today present the 2024 Mid-Year Budget Review in Parliament. This will be his first budget presentation since becoming Finance Minister in February 2024, in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921). The review will update the House …

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Audio: NDC Can No Longer Campaign On Economy – Finance Minister Brags

Finance Minister Dr Mohammed Amin Adam is confident that the government has outperformed the opposition National Democratic Congress (NDC) on economic metrics. According to him, the performance of the New Patriotic Party (NPP) on the economy leaves nothing for the NDC to trumpet in their campaign ahead of the 2024 …

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Finance Ministry Refutes GH¢77million Contingency Vault For Football Reports

The Ministry of Finance has described as inaccurate and unfounded a report by some media outlets suggesting that the Finance Minister, Ken Ofori-Atta, took GH¢77 million from the Contingency Vault for football, and spent GH¢27.9 million on the Black Stars. In a statement, the Ministry said the story attributed to …

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IMF Bailout: Ghana On Track For 2nd Tranche In December – Finance Minister Assures

Finance Minister Ken Ofori-Atta says Ghana is on track to receive the second tranche of the IMF bailout cash in December to support the government’s balance of payments (BOP) for 2023 and 2024. The Bank of Ghana’s June 2023 summary of the Economic and Financial Stability Report shows that the …

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Finance Minister To Present Mid-Year Budget Review On July 25

Finance Minister Ken Ofori-Atta is expected to present the Mid-Year Review of the Budget Statement and Economic Policy of the Government for the 2023 Financial Year to Parliament on Tuesday July 25, 2023. Mr Ofori-Atta’s presentation would be pursuant to the Public Financial Management Act, 2016 (Act 921). Deputy Majority …

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IPPs Notify Finance Ministry To Cut Power Supply By July 1

The Independent Power Producers (IPPs) have reminded Finance Minister, Ken Ofori-Atta, of their intention to cut power supply to the national grid from July 1, 2023. This was after an emergency meeting held on Tuesday, June 20, 2023. According to the Chamber of Independent Power Producers, calls on the government …

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Don’t Derail Progress Made With False Reportage – Finance Minister Cautions Media

Ghana’s Finance Minster, Ken Ofori-Atta has admonished the media to be circumspect in their reportage on the economy and other national issues in order not to derail the progress made so far. In his Sunday, June 18 update on the economy at the Ministry of Finance, Mr. Ofori-Atta raised concerns …

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