Minister of Finance Dr. Cassiel Ato Baah Forson has announced a dramatic improvement in the financial performance of the Electricity Company of Ghana (ECG), revealing that the company’s monthly revenue has surged by 90 percent, rising from GH¢900 million to GH¢1.7 billion. Presenting the 2026 Budget Statement to Parliament on …
Read More »Ato Forson Uncovers US$31bn Import Fraud Scheme; Calls It “Organised Crime” Draining Ghana’s Economy
Finance Minister Dr. Cassiel Ato Forson has revealed a massive and systemic abuse of Ghana’s Import Declaration Forms (IDFs), describing the scheme as a major source of financial leakage that has drained the country’s reserves, destabilised the cedi, and deprived the state of critical development funds. Presenting the 2026 Budget …
Read More »Ghana Records Sharpest Public Debt Decline in a Decade — Finance Minister Announces Major Turnaround
Ghana’s public debt has fallen significantly, marking one of the steepest declines in the nation’s recent history, according to the Minister for Finance. Presenting the 2026 Budget Statement to Parliament on Thursday, November 13, the Minister revealed that the country’s total public debt had dropped by nearly GHS100 billion within …
Read More »Ato Forson Rejects Claims That Scrapping E-Levy Hurt Revenue, Says Fiscal Performance Remains Strong
Finance Minister Dr. Cassiel Ato Forson has dismissed suggestions that the abolition of the Electronic Transfer Levy (E-Levy) has weakened government revenue, insisting that Ghana’s fiscal performance remains solid despite the policy change. Presenting the 2026 Budget Statement to Parliament on Thursday, November 13, Dr. Forson said the decision to …
Read More »Afenyo-Markin Warns of Deepening Disunity in NPP Minority Caucus, Says Internal Rift Weakening Oversight Role
Minority Leader Alexander Afenyo-Markin has issued a stern warning to members of the New Patriotic Party (NPP) Minority Caucus, cautioning that growing internal divisions are crippling the group’s ability to hold the government accountable effectively. Speaking during a tense caucus meeting on the 7th floor of Job 600 in Parliament …
Read More »Europe and Africa Must Now Work as Equals – Hon. Rashid Pelpuo Urges EU Parliament Delegation
The Minister for Labour, Jobs and Employment, Hon. Abdul-Rashid Hassan Pelpuo, has called for a new era of partnership between Europe and Africa founded on equality, fairness, and mutual respect. He made the call when a delegation from the European Parliament, led by Hon. Udo Bullmann, Member of the European …
Read More »Parliament Approves Justice Paul Baffoe-Bonnie as New Chief Justice
Parliament has approved the nomination of Justice Paul Baffoe-Bonnie as the new Chief Justice of Ghana, following a heated vetting process and an intense debate on the Appointments Committee’s report. Justice Baffoe-Bonnie’s vetting on Monday, November 10, was marked by a dramatic walkout by Minority Members of Parliament, who vehemently …
Read More »Bagbin Rejects Claims of Executive Influence Over Parliament
The Speaker of Parliament, Rt. Hon. Alban Sumana Kingsford Bagbin, has strongly dismissed suggestions that the executive branch of government exerts control over his actions or influences the work of Parliament. Responding to remarks made by Asante-Akim Central MP, Kwame Anyimadu-Antwi, during Thursday’s parliamentary debate on the Appointments Committee’s report …
Read More »Mahama Orders Release of Additional GH₵200 Million to Buy Surplus Maize
President John Dramani Mahama has directed the Minister of Finance, Dr. Cassiel Ato Forson, to release an additional GH₵200 million to purchase surplus maize from farmers struggling with the ongoing glut across the country. The move forms part of the government’s broader strategy to curb food wastage, strengthen national food …
Read More »Ghana’s Bond Market Rebounds with GHS214 Billion Turnover — BoG Governor Hails New Era of Financial Leadership
Ghana’s fixed-income market is fast establishing itself as one of Africa’s most credible and resilient bond platforms, recording a total turnover of GHS214 billion so far in 2025. According to the Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, the milestone marks not only a recovery from Ghana’s …
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