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The Minister of Finance, Dr. Mohammed Amin Adam, presented the 2024 Mid-Year Budget Review to Parliament on Tuesday, July 23, 2024. This is by Section 28 of the Public Financial Management Act, 2016 (Act 921) which requires the minister to provide the mid-year fiscal policy review of the Budget Statement and Economic Policy of the government. The minister touched on several …

The government has paid GHS12 billion to bondholders under the Domestic Debt Exchange Programme in a move to stabilise Ghana’s economy and restore investor confidence. Presenting the mid-year budget review to Parliament on Tuesday, July 23, Finance Minister, Dr Mohammed Amin Adam emphasised the government’s commitment to fulfilling its financial obligations and ensuring economic stability. “The payment of GHS12 billion to bondholders …

Finance Minister Dr Mohammed Amin Adam has announced that the government has approved an additional GH¢1.5 billion for settling unresolved claims associated with financial management companies. Furthermore, he revealed that the government has given the green light for the development of a structure for the reimplementation of road and bridge tolls in 2025. These announcements were made by Dr Adam in Parliament …

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 on Tuesday, Dr Adam stated, “This indicates an increase of …

Finance Minister, Dr. Mohammed Amin Adam has given hope to young Ghanaians who are striving to make their lives better an indication that they can achieve greatness. While delivering the Mid-year budget review in Parliament on Tuesday, July 23, 2024, he indicated that he never dreamt of being elevated to the position he occupies now. He believes that young Ghanaians should invest …

The Finance Minister, Dr. Mohammed Amin Adam, has reported some progress in paying investors following the completion of the Domestic Debt Exchange Programme (DDEP) in September 2023. According to the Minister, the third payment of the coupon will be in August 2024. An occurrence he noted proves government commitment to honor its financial obligations. Addressing Parliament when presenting the Mid-Year Budget Review, he …

Finance Minister Dr. Mohammed Amin Adam, has revealed that the government has invested almost GHC10 billion in the road sector since January, 2024 to enhance transportation and spur growth He made this information known to the entire country when he delivered the 2024 Mid-Year Budget Review on the floor of Parliament on Tuesday, July 2023. “I can also confirm that Government has …

The Minister for Finance, Dr. Mohammed Amin Adam says Ghana’s economy is showing promising signs of recovery and growth. The Minister addressed Parliament on Tuesday, July 23, 2024 emphasizing key achievements and outlining government’s plans for the remainder of the year. Dr. Adam began his address by acknowledging the global economic challenges but expressed confidence in Ghana’s economic trajectory. One of the …

Dr. Mohammed Amin Adam, the Finance Minister, has remarked that the economy is rebounding stronger than anticipated. He attributed the economic growth to the stabilisation of the exchange rate, decline in inflation, and boost in gross international reserves. According to him, the policies and choices being implemented by the government are yielding results. During his presentation of the Mid-Year Budget …

Finance Minister, Dr Mohammed Amin Adam, has indicated that the measures being put in place by the country are yielding the needed results. According to him, Ghana is currently living within its means and that’s helping to save the country’s economy and helping in the rebound process. He made this known while presenting the Mid-year fiscal policy review to Parliament on …