Finance Minister Dr. Cassiel Ato Forson has announced a significant expansion in government investment in the education sector, with GH¢4.2 billion allocated for the implementation of Free Secondary Education (FSE) in 2026. The announcement was made during the presentation of the 2026 Budget Statement to Parliament on Thursday, November 13, …
Read More »ECG Revenue Jumps 90% to GH¢1.7bn Monthly — Ato Forson Announces Major Turnaround in Energy Sector
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 »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 …
Read More »BoG Unveils New FX Operations Framework to Boost Transparency and Market Confidence
The Bank of Ghana (BoG) has introduced a new Foreign Exchange (FX) Operations Framework aimed at enhancing transparency, strengthening market confidence, and ensuring greater stability in the country’s foreign exchange market. The framework, approved by the BoG Board, represents a major policy shift that clarifies the objectives, principles, and operational …
Read More »Labour Unions Disappointed Over 9% Salary Increase for Public Sector Workers
By Adoa News, November 11, 2025 Some labour unions have expressed deep disappointment over the 9 percent salary increase announced for all public sector workers under the Single Spine Salary Structure (SSSS) for the 2026 fiscal year. The unions, including branches of the Senior Staff Association of Universities of Ghana …
Read More »Ghana Records Single-Digit Inflation for First Time Since June 2021
Ghana’s inflation rate has fallen to 8.0% in October 2025, marking the lowest level since June 2021 and continuing a tenth consecutive month of decline. According to the Ghana Statistical Service (GSS), this represents a 1.4 percentage point drop from September’s 9.4% and a sharp improvement from the 23.8% recorded …
Read More »Minority Urges Recognition of Former President Akufo-Addo for Role in Cedi Stability on 60th Anniversary
As Ghana marks 60 years of its national currency, the Minority in Parliament has called for former President Nana Addo Dankwa Akufo-Addo to be acknowledged for his contributions to the stability of the Ghana Cedi. The Bank of Ghana on Tuesday, October 28, 2025, launched a year-long celebration of the …
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