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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 …

President Nana Addo Dankwa Akufo-Addo has finally commented on his appointment of Commissioner of Police (COP) Christian Tetteh Yohuno as the new Deputy Inspector-General of Police (IGP) in charge of Operations. The president’s decision to appoint COP Yohuno as the IGP in charge of Operations sparked controversy in the country, with some suggesting that his action was intended to diminish the authority …

Service Ghana Auto Group Limited, a company embroiled in controversy, is under intense scrutiny for its involvement in a dubious $34.9 million (GH₵538 million) ambulance spare parts procurement deal. The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has raised serious concerns about the company’s practices and the legitimacy of the contracts it received. Ablakwa pointed out significant discrepancies …

National Chairman of the Progressive People’s Party (PPP), Nana Ofori Owusu has fired a salvo at former Finance Minister, Ken Ofori-Atta for his role in an alleged $34.9 million (GH₵538 million) procurement deal for ambulance spare parts. He stated unequivocally that, this exposé is a serious indictment on the former Finance Minister. Mr. Okudzeto Ablakwa has accused Mr. Ken Ofori-Atta …

Out of about 7.9 million registered taxpayers in the country, only about 1.5 million pay taxes. This was revealed by a Deputy Minister of Finance, Dr. Alex Ampaabeng at the launch of the 8th Ghana Economic Update by the World Bank. According to him, his outfit and the Ghana Revenue Authority are presently cleaning the tax database to ensure the …

The Institute of Economic Affairs (IEA) has clarified that it has not yet extended invitations to any political parties or presidential candidates for the upcoming Presidential Debates. This comes after concerns raised by the Mahama 2024 Campaign that the Institute announced such activity as if a stakeholder, the National Democratic Congress (NDC) has been engaged. “The Constitution of Ghana does not grant …