Business

Finance Minister Dr. Cassiel Ato Baah Forson has announced the establishment of the Ghana Medical Trust Fund, a major initiative aimed at ensuring sustainable financing for the treatment of non-communicable diseases (NCDs) and specialised medical services. Speaking during the presentation of the 2026 Budget Statement in Parliament, Dr. Forson explained that the fund will help Ghanaians suffering from chronic conditions …

The government has earmarked GH¢292 million in the 2026 Budget to supply free sanitary pads to schoolgirls across the country, in a major effort to improve menstrual health management and reduce barriers to girls’ education. Announcing the initiative during the presentation of the 2026 Budget Statement in Parliament on Thursday, Finance Minister Dr. Cassiel Ato Forson said the allocation underscores …

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, where the Minister highlighted education as one of the government’s …

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 Thursday, November 13, 2025, Dr. Forson said the impressive increase …

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 Statement to Parliament on Thursday, November 13, Dr. Forson said …

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 a year. According to the budget presentation, Ghana’s debt stock …

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 scrap the levy was intended to relieve financial pressure on …

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 recent debt crisis but also the dawn of a new …

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 procedures guiding the central bank’s FX interventions. It adopts a …

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 (SSA-UoG) and the Teachers and Educational Workers’ Union (TEWU) of …