The Ministry of Finance wishes to officially inform the public that the Government of Ghana has, through the Bank of Ghana, successfully effected a payment of US$349,523,674.56 in respect of Eurobond debt service obligations today, Thursday, 3rd July 2025.

The years prior to 2024 proved to be very difficult globally. In Ghana, we saw the most ignoble deterioration of the economy and broader societal well-being. Inflation galloped, exchange rate depreciated sharply and remained volatile. Interest rates rose and credit became simply unaffordable.

Ghana’s economic reform efforts have received a major boost as global ratings agency Fitch upgraded the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ to ‘B-’ with a Stable Outlook.

Finance Minister Dr. Cassiel Ato Forson has held discussions with the leadership of MTN Ghana on ways to enhance the country’s business environment and promote sustainable development.

Minister for Finance, Dr. Cassiel Ato Forson, has called on tertiary education unions to support the ongoing national payroll audit aimed at eliminating ghost names and ensuring integrity in public sector compensation.

Minister for Finance, Dr. Cassiel Ato Forson, has assured tertiary education unions that the 2025 Budget fully provides for the payment of Book and Research Allowances.

Finance Minister Dr. Cassiel Ato Forson has assured the newly inaugurated Board of Trustees of the Social Security and National Insurance Trust (SSNIT) that the government has cleared all arrears owed to the Fund.

The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a new Board of Trustees for the Social Security and National Insurance Trust (SSNIT), with a strong call for prudence, integrity, and transparency in the management of Ghana’s pension funds.

As a Member of this House, I am fully cognisant of the considerable interest that Honourable Members attach to this important subject, which lies at the heart of fiscal decentralisation.

Finance Minister Dr. Cassiel Ato Forson has issued a stern warning to the newly inaugurated Board of Trustees of the Social Security and National Insurance Trust (SSNIT), urging them to resist any pressure to sell state assets to politically exposed persons.

Finance Minister Dr. Cassiel Ato Forson has disclosed that Ghana earned over $1.1 billion in foreign exchange during the first full month of operations under the Goldbod gold purchase programme.

The Government of Ghana and the Government of Japan have signed a grant agreement valued at ¥402 million under the Japanese Grant Aid for the Human Resource Development Scholarship (JDS) Programme.

In a landmark show of African solidarity and reform-driven financing, Ghana, The Gambia, Liberia, Sierra Leone and Sudan have jointly pledged $16 million to the next replenishment cycle of the African Development Fund (ADF), the concessional arm of the African Development Bank Group.

Deputy Minister for Finance, Hon. Thomas Nyarko Ampem, has underscored the pivotal role of the United Nations Development Programme (UNDP) in supporting Ghana’s pursuit of fiscal stability, climate resilience, and sustainable development.

Accra, Ghana, 29th May 2025. The Government of the Republic of Ghana (the “Government”), advised by Lazard Frères and Hogan Lovells US LLP, acting respectively as the Government’s financial and legal advisors ...

The Government of the Republic of Ghana is pleased to inform its international partners that Ghana continues to make good progress in the discussions with all remaining creditors included in the debt restructuring perimeter.

Minister for Finance, Dr. Cassiel Ato Forson, has been appointed as the Returning Officer for the presidential elections of the African Development Bank (AfDB) at the Bank’s ongoing Annual Meetings.

The Deputy Minister for Finance, Thomas Nyarko Ampem, has emphasized that the active involvement of the private sector is essential to unlocking Ghana’s energy potential and achieving the country’s goal of universal access to electricity by 2030.

The Minister for Finance and Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID), Dr. Cassiel Ato Forson, has held his maiden meeting with the President of EBID, Dr. George Agyekum Donkor, in Accra.

Finance Minister Dr. Cassiel Ato Forson has committed to leading a new policy direction that will place restrictions on the importation of goods that can be produced locally

The Auditor-General is expected to submit an interim audit report on outstanding contractor claims in the coming days, which will trigger the commencement of payments by government.

Ghana is ramping up domestic resource mobilization and exploring innovative health financing models to insulate its health system from external aid volatility, Deputy Finance Minister, Thomas Nyarko Ampem told a high-level panel at the 78th World Health Assembly in Geneva.

The Government of Ghana has received a $174 million cheque from Newmont as part payment of capital gains tax arising from the sale of the Akyem Mine, which was valued at nearly $1 billion.

Finance Minister Dr. Cassiel Ato Forson has inaugurated the Governing Board of the Securities and Exchange Commission (SEC), charging members to restore public trust and ensure accountability in Ghana’s capital markets.

The newly appointed seven-member Governing Board of the National Insurance Commission (NIC) has officially been inaugurated, with a focused mandate to enhance the regulation of Ghana's insurance sector and ensure the Commission operates with greater efficiency and transparency.

A new seven-member Governing Board of the National Lottery Authority (NLA) has been officially inaugurated, with a clear mandate to enhance revenue generation and modernize the operations of the Authority.

The Minister for Finance, Dr. Cassiel Ato Forson, has announced an ambitious government plan to acquire 200000 hectares of land for cocoa plantations as part of efforts to revive Ghana’s struggling cocoa sector and restore production levels to 1 million metric tonnes.

An eleven-member Board of Directors for the Ghana Cocoa Board (COCOBOD) has been officially inaugurated at a brief but significant ceremony at the Ministry of Finance, with a strong call to urgently reverse the fortunes of the ailing cocoa sector.

The Minister for Finance, Hon. Dr. Cassiel Ato Forson, and the Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, convened a high-level meeting with key stakeholders in the energy sector to deliberate on measures to ensure a reliable, efficient, and affordable electricity supply for Ghanaians.

Finance Minister Dr. Cassiel Ato Forson has described the planned Second Gas Processing Plant (GPP II) as a game-changing project that will transform the country’s energy landscape, create jobs, and save the economy hundreds of millions of dollars.