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2008 Budget
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Request for Expression of Interest: Consultancy service to manage and coordinate Financial Literacy Week (Publicity and Activities)


Request for Expression of Interest: Consultant service to organize National Quiz on Finance for Senior High Schools in the Country.


JOB VACANCIES � The Ministry of Finance and Economic Planning-Ghana is seeking qualified candidates for the following positions; 1. Natural Resource and Environmental Economist 2. Macroeconomist
3. Real Sector Economist


JOB VACANCIES � ACP SECRETARIAT, BRUSSELS - BELGIUM The Secretariat of the African Caribbean and Pacific States (ACP) announces for the information of the public the following vacancies at the Secretariat;


RECRUITMENT OF PROCUREMENT OFFICER FOR 3RD HIGH LEVEL FORUM (HLF-3) TO REVIEW PARIS DECLARATION ON AID EFFECTIVENESS: ACCRA, 2ND � 4TH SEPTEMBER, 2008

CENSUS IN 2010 Ghana will conduct its fifth population and housing census in 2010, a move that will determine the actual population of the country by the time. The last time the country carried out such event was in the year 2000. more


IMPORTERS ACCUSE CEPS OF BRIBERY The Ministry of Finance and Economic Planning organized a public forum as part of the financial Literacy Programme which aimed at explaining the functions of the Ministry and to highlight some of the Ministry�s achievements including some economic policy initiatives of government directed at enhancing Ghana�s economy. more


ITALY CONTINUES TO SUPPORT SMALL, MEDIUM ENTERPRISES IN GHANA (August 6, 2008) Following the successful implementation of the Project named "Ghana Private Sector Development Fund" - credit facility in favour of Small and Medium Enterprises financed by the Italian Government in 2003 for a total amount of Euro 11,000,000.00 (eleven million Euro) and fully exhausted, the Minister of Finance and Economic Planning, Hon. Kwadwo Baah-Wiredu and the Ambassador of Italy, H.E. Fabrizio De Agostini signed on August 6, 2008 a new agreement worth Euro 22,000,000.00 to continue to support the growth of Small and Medium Enterprises. more


ADDRESS BY THE HONOURABLE MINISTER OF FINANCE AND ECONOMIC PLANNING, HON. KWADWO BAAH-WIREDU AT THE INAUGURAL CEREMONY OF THE 2010 POPULATION AND HOUSING CENSUS, NATIONAL CENSUS PLANNING COMMITTEE AND NATIONAL CENSUS TECHNICAL ADVISORY COMMITTEE (August 06, 2008) more


TALKING POINT FOR HON. MINISTER FOR DIVIDEND PRESENTATION BY NATIONAL INVESTMENT BANK LIMITED (July 31, 2008) more


Signing of an Agreement on the Avoidance of Double Taxation between the Republic of Ghana and Switzerland (July 23, 2008) On 23 July 2008, the Swiss Ambassador to Ghana, H.E. Mr. Nicolas Lang, and the Minister for Finance and Economic Planning of Ghana, H.E. Hon. Kwadwo Baah-Wiredu, signed an Agreement on the Avoidance of Double Taxation between Ghana and Switzerland. The Agreement will enter into force after completion of the ratification in both countries. more


HONOURABLE MINISTER OF FINANCE LAUNCHES BOOKLET ON DUTY PAYABLE ON IMPORTED VEHICLES (July 23, 2008) The Honourable Minister of Finance and Economic Planning, Kwadwo Baah Wiredu (MP) has launched a booklet titled �Total Duty Payable on Imported Vehicles� in Accra. more


HON BAAH-WIREDU LAUNCHES THE ACCRA HIGH LEVEL FORUM ON AID EFFECTIVENESS. (July 14, 2008) The Third High Level Forum on Aid Effectiveness, also known as the Accra High Level Forum to be held in Ghana from September 2-4, 2008 was officially launched at a press conference today. more


GOVERNMENT SIGNS US$147.0 AGREEMENT WITH WORLD BANK (July 14, 2008) The Government of Ghana and the World Bank have signed four (4) Financing Agreements with the International Development Association (IDA) of the World Bank. The total value of the agreement is SDR 90.1 million (US$ 147m). more


Prof. Joseph Stiglitz, Nobel Laureate in Economics and ACET Board Members pay courtesy call on Hon. Minister and Economic Management Team. (July 8, 2008) Hon. Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning today said though the world food and crude oil crises poses serious challenge to economic management, government is determined to achieve growth targets set out in the budget. more


Congratulations! Honourable Kwadwo Baah-Wiredu (MP) ORDER OF THE STAR OF THE VOLTA COMPANION (July 4, 2008) more


GERMAN GOVERNMENT PROVIDES �38M TO SUPPORT GOVERNMENT PROGRAMMES (July 4, 2008) Hon. Minister of Finance and Economic Planning, Kwadwo Baah-Wiredu, and the Ambassador of the Federal Republic of Germany to Ghana, H. E. Dr. Marius Haas have signed a 38 million Euros Financing Cooperation Agreement. more


2008 CONSULTATIVE GROUP/ ANNUAL PARTNERSHIP MEETING (June 30, 2008) more


Implementation of Measures to Reduce Economic Hardships would not Derail Budget Targets - Dr Osei (June 24, 2008) Dr. Anthony Akoto Osei, Minister of State at the Ministry of Finance and Economic Planning has assured the country that targets set in the 2008 budget statement and economic policy are achievable. more


REJOINDER: GHANA - TOUGHER TIMES ON THE HORIZON (June 19, 2008) On June 4, 2008, CITI issued an economic and market analysis report on Ghana, titled �Ghana, Tougher times on the horizon�. The contributing economist was David Cowan. more


THE FIRST "MAKING FINANCE WORK FOR AFRICA" PARTNERSHIP FORUM HELD IN ACCRA (June 17, 2008) Hon. Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning has said that African governments, development partners and the private sector collectively need to work together as unified financial system to strategize implementable solutions to the development of the African financial sector. more


MAKING FINANCE WORK FOR GHANA FORUM HELD (June 16, 2008) Professor George Gyan-Baffuor, Deputy Minister of Finance and Economic Planning has observed that though financial sector reforms have resulted in expansion and increasing competition in the banking sector, the share of credit and other financial services going to agriculture and rural population still remains very low. more


MAKING FINANCE WORK FOR AFRICA CONFERENCE, JUNE 17- 18, 2008 AND MAKING FINANCE WORK FOR GHANA, JUNE 16, 2008 ACCRA, GHANA (June 13, 2008) Accra, Ghana June 10, 2007� More than 250 senior-level financial sector champions from over 30 countries will meet at the Partnership Forum for Making Finance Work for Africa in Accra, Ghana, from June 17-18. more


GHANA�S 2008 BUDGET RECEIVES US$ 145 MILLION SUPPORT FROM THE WORLD BANK (June 13, 2008) The Minister of Finance and Economic Planning, Hon. Kwadwo Baah Wiredu, MP and the World Bank Country Director for Ghana, Ishac Diwan, have signed the Sixth Poverty Reduction Support Credit (PRSC-6) for an amount US$ 145 million in fulfillment of its commitment to providing assistance annually through the budget, under the Multi-Donor Budget Support (MDBS). more


HON. MINISTER OF FINANCE AND ECONOMIC PLANNING MEETS FRENCH DELEGATION (June 13, 2008) A fifteen-member high level delegation of French companies led by Mr. Patrick Lucas, President of the African Committee of MEDEF International, has met with the Minister of Finance and Economic Planning, Hon. Kwadwo Baah Wiredu to discuss ways to explore investments opportunities in Ghana. more


COURTESY CALL ON THE MINISTER OF FINANCE AND ECONOMIC PLANNING BY THE CUBAN AMBASSADOR TO GHANA (June 13, 2008) H. E. Miguel Custabo Perez Cruz, the Cuban Ambassador to Ghana has paid a courtesy call on Hon. Kwadwo Baah Wiredu, the Minister of Finance and Economic Planning, at his office in Accra. more


SCIENCE AND TECHNOLOGY RESEARCH ENDOWNMENT FUND (STREFund) LAUNCHED IN ACCRA (June 4, 2008) The Ministry of Finance and Economic Planning has launched the Science and Technology Research Endowment Fund (STREFund) in Accra. The fund seeks �to provide supplementary funding to support basic and applied research in Science and technology�. more


CUSTOMS, EXCISE AND PREVENTIVE SERVICE (CEPS) (June 4, 2008) List of Custom House Agents in Good Standing as at 1st May, 2008 more


GOVERNMENTS OF GHANA AND UNITED KINGDOM SIGN AGREEMENT TO SUPPORT HEALTH CARE IN GHANA FOR NEXT FIVE YEARS (May 21, 2008) The Government of Ghana has signed a �42.5 million grant agreement with the British Government to support the health sector in Ghana for the next five years. more


GOVERNMENT AND ELEVEN DEVELOPMENT PARTNERS SIGN 2ND MULTI DONOR BUDGET SUPPORT FRAMEWORK MEMORANDUM (May 19, 2008) The second Multi-Donor Budgetary Support (MDBS), Framework Memorandum has been signed between Government of Ghana and eleven (11) partner countries. more


African Capacity Building Foundation (ACBF) delegation call on Hon. Minister of State. (May 06, 2008) A three member delegation from the African Capacity Building Foundation (ACBF) led by Mr. Edwin Forlemu, the Executive Secretary has paid a courtesy call on Hon. Dr. Akoto Osei, Minister of State at the Ministry of Finance and Economic Planning. more


WORLD CUSTOMS ORGANISATION DIRECTOR FOR CAPACITY BUILDING PAYS COURTESY CALL ON HONOURABLE MINISTER.(May 05, 2008) Mr. Lars Karlsson, Director for Capacity Building for the World Customs Organization (WCO) has paid a courtesy call on the Minister of Finance and Economic Planning, Hon. Kwadwo Baah Wiredu in his office. His call on the Minister was part of a working visit to the country. more


SPANISH AMBASSADOR PAYS COURTESY CALL ON HONOURABLE MINISTER(April 29, 2008) Her Excellency Julia Olmo, Spanish Ambassador has announced the Spanish government�s intention of setting up an Economic and Commercial office within their embassy by the end of the year. more


SIGNING CEREMONY BETWEEN GHANA AND BARBADOS (April 28, 2008) The Barbadians and the Ghanaian Minister of Finance and Economic Planning, Hon. Kwadwo Baah Wiredu signed a tax convention between Barbados and Ghana. more


'MINES' CONTRIBUTION TO ECONOMY MINIMAL (April 24, 2008) DESPITE the presence 01 many mining companies in Ghana, the contribution of the mining sector to the development of the economy is very minimal, says Esther Obeng Dapaah, Minister of Lands, Forestry and Mines. more


CABINET CONSIDERS INCREASE IN ROAD TOLLS (April 24, 2008) THE present minimum of GH5p paid as road user fees (road tolls) across the country is expected to be raised to GH50p by the close of the year. more


OIL, GAS FORUM HELD IN CAPE COAST (April 24, 2008) Heads of departments, district chief executives(DCEs) and traditional leaders in the Central Region have taken part in a consultative forum on a draft policy on oil and gas held in Cape Coast on Tuesday. more


2nd AFRICA TRADE AND INVESTMENT (April 21, 2008) The 2nd Africa Trade and Investment Conference took place at the Bay Hotel, Cape Town, South Africa from Thursday 3rd and Friday 4th April, 2008. It was attended by officials from global financial institutions and the Academia. more


World Bank and Government of Ghana Sign Additional US$10 million Credit (April 14, 2008) The World Bank and the Government of Ghana today signed a credit of US$10 million as supplemental funding for the ongoing Economic Managing Capacity Building Project (EMCB). more


GHANA IS PURSUING RIGHT ECONOMIC POLICIES (April 14, 2008) THE International Monetary Fund (lMF) has said that the government has taken the right measures to address expenditure imbalances and external shocks. more


REVISED COCOA PRODUCER PRICE FOR 2007/08 MAIN CROP SEASON (April 10, 2008) It is hereby notified for general information that the producer price of cocoa for the 2007/08 main crop season has been revised upwards with effect from 22nd February, 2008. more


HON. BAAH-WIREDU OFF TO WORLD BANK, IMF MEETINGS (April 10, 2008) The Minister of Finance and Economic Planning, Mr Kwadwo Baah-Wiredu, has left Accra for Washington DC, United States to attend this year's Commonwealth HlPC Finance Ministers Meeting. more


Speech by the Hon. Dr. Akoto Osei, MP and Minister of State, Ministry of Finance and Economic Planning on THE OCCASION OF A SOD-CUTTING CEREMONY FOR THE CONSTRUCTION OF AN ULTRA-MODERN POLICE STATION AT OLD-TAFO,KUMASI (April 9, 2008) more


Speech by the Hon. Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning as the Guest of Honour on A TWO-DAY SEMINAR BY THE TEMA REGIONAL CHAMBER OF COMMERCE & INDUSTRY (April 8, 2008) more


GHANA�S REDUCING DEBT BURDEN In the year 2000, more than a third of all government expenditure went into debt servicing. That is to say, taxes collected for development and provision of social services to the people of Ghana rather went to pay debts. more


THE MINIMUM WAGE These days, the minimum wage has become hot topic for political discussion. The other time, it was the NDC saying that the minimum wage at their time could buy more things than the minimum wage today. more


SPANISH AMBASSADOR PAYS COURTESY CALL ON HONOURABLE MINISTER(March 31, 2008) The Spanish Government has cancelled Ghana�s debt of US$ 44.36m, a debt contracted by Ghana before 31st December, 2003 and which otherwise should be paid up (principal and Interest inclusive) by 6th February, 2014. more


IMF DELEGATION ARRIVE IN GHANA FOR ARTICLE IV CONSULTATION (March 27, 2008) A five-member IMF delegation led by Ms Piroska Nagy is in the country to undertake the annual Article IV Consultations with Ghana. Under article IV of the IMF's Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. more


UK PALIAMENTARY SELECT COMMITTEE INTERNATIONAL DEVELOPMENT CALL ON HON. MINISTER OF FINANCE AND ECONOMIC PLANNING. A UK Parliamentary select committee on International Development has paid a courtesy call on the Hon. Minister of Finance and Economic Planning, Kwadwo Baah Wiredu and his team of officials, at the Ministry in Accra. more


WORKSHOP ON AGRICULTURAL FINANCE STRATEGIES HELD A workshop to find viable approaches to rural agricultural financing has been held in Accra. Organized by the Ghana Microfinance Group, it was aimed at among other things to defining important gaps in agric financing and how to address them. more


WORKSHOP ON INTERNATIONAL FINANCIAL SERVICES CENTRE HELD A workshop to chart the way forward for the implementation of third phase of setting up an international financial services centre in Ghana has been held in Accra. more


WORKSHOP ON PERFORMANCE BASED ALLOCATION FRAMEWORK OPENED The Honourable Minister of Finance and Economic Planning, Kwadwo Baah Wiredu opened the regional workshop on performance based allocation which is being organized by the African Development bank Group at Elmina from 17th - 21st March, 2008. more


LAUNCH OF CITIZEN CHARTER FOR EIGHT MDA'S The Chief Advisor to the President, Mrs. Mary Chinery-Hesse has launched the New Charters for eight Ministries, Departments Agencies (MDAs) in Accra... (March 13, 2008) more


SIGNING CEREMONY BETWEEN GHANA AND THE NETHERLANDS ON AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION (March 10, 2008) The Minister of State at the Ministry of Finance and Economic Planning, Dr. Anthony Akoto- Osei and The Netherlands State Secretary of Finance, Hon. J.C. De Jager have signed a treaty on the Avoidance of Double Taxation and Fiscal Evasion, to facilitate trade and investment between the two countries. more


SIGNING AGREEMENT BETWEEN GOVERNMENT OF GHANA AND FRANCE (March 4, 2008) The Minister of Finance and Economic Planning, Kwadwo Baah- Wiredu and the Resident Manager of the Agence Fran�aise de D�veloppement, Mr. Beno�t Lebeurre, have signed three agreements for a cumulative amount of 38.6 million euros. more


INCREMENT IN THE PRICE OF COCOA(February 26, 2008) The Government of Ghana has increased the producer price of Cocoa from GH�950.00 per tonne to GH�1,200.00 per tonne. The new price which takes effect from February 21, this year is a means to help curb the problem of smuggling of cocoa to other countries and also to ensure better standard of living of the cocoa farmers. more


NEW CANADIAN HIGH COMMISSIONER CALLS ON HON. MINISTER OF FINANCE AND ECONOMIC PLANNING (February 19, 2008) Their discussions focused on energy, the oil discovery, education and Canada�s support to the Multi Donor Budget Support. more


IMF NEW EXECUTIVE DIRECTOR FOR GHANA PAID A COURTESY CALL TO THE HON. MINISTER OF FINANCE (February 19, 2008) They discussed a number of issues including energy. Hon. Minister talked about the energy crises and measures put in place to avert future crises. He said the West Africa Gas Pipeline had undergone trial run and would soon be fully operational... more


GHANA FRANCE SIGN DEBT RELIEF AND DEVELOPMENT AGREEMENT (February 18, 2008) The Government of Ghana and the French Government signed a grant agreement for an amount of 21 million euros on Monday 18th February 2008. more


THE GOVERNMENT OF GHANA AND CITIES ALLIANCE SIGNED AGREEMENT (February 15, 2008) The Government of Ghana and the Cities Alliance Group have signed a partnership agreement which would enable Ghana benefit from technical and other assistant from the Group. more


COURTESY CALL ON THE MINISTER AND TEAM BY THE NEW BRITISH HIGH COMMISSIONER (February 7, 20008) The new British High Commissioner, Dr. Nicholas Westcott, on Thursday, February 7, 2008, paid a courtesy call on the Honorable Minister of Finance and Economic Planning, Mr. Kwadwo Baah Wiredu . more


GOVERNMENT AND THIRTY CONTRACTORS SIGN AGREEMENT FOR COCOA ROADS IMPROVEMENT PROGRAMME (January 29, 2008) The Government of Ghana in collaboration with the Ghana Cocoa Board have jointly signed a contract with 30 road Contractors for the commencement of work on a total of 205 kilometers of roads in six cocoa growing regions as part of the Cocoa Road Improvement Programme(CRIP). more


"FROM PARIS TO ACCRA VIA WILTON PARK: THOUGHTS ON PROGRESS AND FUTURE CHALLENGES"(January 24, 2008) Statement delivered by Hon. Kwadwo Baah-Wiredu, MP Minister of Finance and Economic Planning, Ghana at Conference on European Development Policy: AID EFFECTIVENESS AND KEY PRIORITIES; more


PRESIDENT KUFUOR INAUGURATES GOLDEN TULIP KUMASI CITY (January 12, 2008) President John Agyekum Kufuor, on Saturday inaugurated the $21.2 refurbished Golden Tulip Kumasi City Hotel, formerly known as the City Hotel, one of the nation's foremost prized assets in the hospitality industry. more


The Honourable Minister of Finance and Economic Planning (January 11, 2008) , Mr. Kwadwo Baah Wiredu held a meeting with the Senior Vice President of the Japan International Co-operation Agency (JICA), Mr. Kenzo Ohima. more


GHANA WINS IFR'S AWARD FOR BEST EMERGING MARKET BOND IN 2007 (JANUARY 10, 2008) Ghana�s sovereign bond issue has just won 2 of IFR�s coveted Roll of Honour awards � Best Emerging Market Bond and best EEMEA Bond (a regional category). The awards will be presented in London at a formal dinner on 14 January 2008 at Grovenor House where 1500 of the world�s top investment bankers will be attending. more


GHANA AND CHINA SIGN LOAN AND GRANT AGREEMENT (December 20, 2007) The Government of Ghana and the People�s Republic of China have signed an agreement for US $ 4 million interest free loan and a grant of US$ 1.33 million to be used for the implementation of projects to be agreed on by the two parties in due course. more


Government And Selected Commercial Banks Signed Agreement (December 20, 2007) For The Provision Of On Site Banking Services For MDAs more


GHANA AND THE DENMARK SIGNED AGREED MINUTES (December 14, 2007) Hon Dr. Anthony Akoto Osei, Minister of State at the Ministry of Finance and Economic Planning and, His Excellency, Ambassador Carsten Nilaus Pedersen, under Secretary for Bilateral Development cooperation have signed agreed minutes on the future of Ghana-Denmark relationship. more


GHANA-DENMARK HIGH LEVEL CONSULTATION 2007 (December 14, 2007) Speech read by the Hon. Minister of State at the Signing of the Agreed Minutes more


A Keynote Address On Africa Investment Day: "Catch the African Opportunities" (December 14, 2007) Presented During the G8 Meeting in Frankfurt, BY HON. KWADWO BAAH-WIREDU, MINISTER OF FINANCE AND ECONOMIC PLANNING & MP, ASANTE AKIM NORTH more


Record Funding for World's Poorest Countries (December 14, 2007) Almost US$ 42 Billion for next three years more


FOURTH ANNUAL COLLABORATIVE AFRICA BUDGET REFORM (CABRI) SEMINAR OPENS (December 13, 2007) The fourth annual CABRI Seminar opened today in Accra with a call on budget directors to be diligent in the allocation of resources... more


GHANA AND WORLD BANK SIGN LOAN AGREEMENT (December 4, 2007) for Phase II of West Africa Power Pool (WAPP) more


HON MINISTER OPENS COMMONWEALTH SEMINAR (December 4, 2007) on Debt Negotiation and Re-Negotiation more


HON MINISTER OF FINANCE LAUNCHES GHANA�S GOLDEN JUBILEE SAVINGS BOND (December 3, 2007) Hon. Kwadwo Baah-Wiredu, Minister of Finance ... more


THE LAUNCHING OF THE GH�50 MILLION GOLDEN JUBILEE SAVINGS BOND SPEECH (December 3, 2007) by Honorable Minister of Finance and Economic Planning Kwadwo Baah-Wiredu more


OPENNING ADDRESS BY HONOURABLE KWADWO BAAH-WIREDU, MP (December 3, 2007) Minister of Finance and Economic Planning, Republic of GhanaWORKSHOP ON DEBT NEGOTIATION AND RENEGOTIATION more


BRITISH HIGH COMMISSIONER (November 28, 2007) pays a farewell call on the Honourable Minister of Finance and Economic Planning more


President of the African Development Bank and US Treasury Secretary (November 22, 2007) in Ghana for Discussions with Government and Private Sector more


The Budget Speech of Government of Ghana for the 2008 Financial Year (November 21, 2007) more


The Budget Statement and Economic Policy Document for the 2008 Financial Year (November 15, 2007) more


2008 BUDGET HIGHLIGHTS, (November 15, 2007) This report outlines the main highlights of the 2008 Budget Statement and Economic Policies of the Government of Ghana. The rest of the report is structured as follows. Section 1 presents the performance and achievements under the implementation of 2007 Budget while Section 2 highlights the 2008 Budget Targets and Outlook. Policy Initiatives are presented in Section 3. The report ends with Implementation Challenges under the 2008 Budget in Section 4. more


STRUCTURE OF 2008 BUDGET, (November 15, 2007) more


COMMONWEALTH PUBLIC PROCUREMENT NETWORK GROUP PAYS COURTESY CALL ON DEPUTY MINISTER (November 06, 2007) The Commonwealth Public Procurement Network today paid a courtesy call on the Deputy Minister of Finance and Economic Planning, Hon. Prof. Gyan Baffour. more


CEPS to open on Saturdays, (November 02, 2007) The Customs, Excise and Preventive Service (CEPS) on Friday said its offices would open on Saturdays from November 3, 2007 to serve the public till December 31, 2007. more


ABRIDGED SUMMARY OF REPORT OF THE COMMITTEE (November 2, 2007) to investigate operational irregularities at Customs, Excise and Preventive Service (CEPS) submmited to the Minister of Finance and Economic Planning, Hon. Kwadwo Baah-Wiredu. more


CEPS withdraws escorts services to Free Zones enterprises, (October 30, 2007) The Customs, Excise and Preventive Service (CEPS) on Tuesday said it was withdrawing its escorts services accompanying container cargo into free zone enterprises in and out of Accra and Tema. more


Ghanaians in the US briefed on the State of the Nation in Washington (October 30, 2007) Hon. Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning has said that government is focusing on infrastructural development in her quest to accelerate the growth of the economy. more

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