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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 …