Ghana’s Finance Minister, Hon. Ken Ofori-Atta successfully completed his two-year tenure as the Chairman of the Development Committee (DC) of the World Bank and IMF after chairing his 4th DC plenary meeting.

The Minister for Finance, Hon. Ken Ofori-Atta and Minister for Works and Housing, Hon. Samuel Atta Akyea today embarked on a working visit to the Tema Development Corporation (TDC) affordable housing enclave and Adom City Estates in Tema Communities 26 and 25 respectively.

The Calendar is developed based on the Net Domestic Financing in the 2020 Budget,the domestic maturities and the Medium Term Debt Management Strategy (MTDS) for 2020-2023. The Calendar shows the securities that are intended to be issued in respect of Government’s Public Sector Borrowing Requirements for the period October to December, 2020.

On 14th September, 2020, the Office of the Special Prosecutor (OSP), in exercise of its mandate pursuant to sections 2 (1) (c), 29, 69 and 73 of Act 959 and Regulation 31 (1) and (2) of L.I. 2374 requested for information and production of documents in relation to a risk assessment it was conducting on Agyapa Royalties transaction. 

Cenpower Generation Company Limited (Cenpower) has committed to switching its primary fuel from light crude oil (LCO) to natural gas and signed a gas supply agreement (GSA) with the Ghana National Petroleum Corporation (GNPC).

The Minister for Finance, Ken Ofori-Atta has on behalf of Government signed two financial agreements worth €92.9 million with the European Union to support covid-19 response in Ghana; electoral violence prevention and support to enhance security in the northern border regions of Ghana.

The Chief Director of the Ministry of Finance, Mr. Patrick Nomo has urged Chief Directors and Directors in the Civil Service across the country to embrace opportunities that had arisen from the global pandemic.

Government of Ghana successfully secures amended terms with CENIT Energy Limited and calls on all other independent power producers to expedite conclusion of negotiations. CEL is a Ghanaian independent power producer (IPP) that began commercial operations in 2012.

Ken Ofori Atta, Ghana’s Minister for Finance says post-Covid 19 economic recovery and attainment of SDGs are possible with digitisation, tectonic shift in global financial architecture, increase in private capital and innovations in labour and education.

Reference is made to a publication by S & P Global Ratings that the Rating Agency had lowered Ghana's long-term foreign and local currency sovereign credit ratings to B- from B and affirmed its B short-term ratings.

The Ministry of Finance held separate virtual meetings with the Social Partnership Council (SPC) and the leadership of Faith-Based Organisations (FBOs) as part of its stakeholder engagement and consultations drive to deepen the understanding of the Agyapa Royalty transaction.

The Minister for Finance, Hon. Ken Ofori-Atta has expressed Government’s readiness to engage and broaden consultation to fill any communication gap in the Agyapa Royalties Transaction. The Ministry will in the coming days, meet with various organized groups.

The attention of the Ministry of Finance has been drawn to a publication on Ghanaweb on 3rd September stating that Government has suspended the Agyapa Royalties transaction after a meeting with Civil Society Organizations (CSOs) on Wednesday 2nd September, 2020. 

Ghana’s Finance Minister, Ken Ofori-Atta has given assurance of the nation’s readiness to host the next African Development Bank Annual Meetings in 2021. The decision to have the next meeting hosted possibly in May 2021, in Ghana was arrived at during the Bank’s Virtual Annual meetings in Cote d’lvoire, which ended on Thursday, 27, August 2020.

The Calendar is developed based on the Net Domestic Financing in the 2020 Budget, the domestic maturities and the Medium Term Debt Management Strategy (MTDS) for 2020-2023. The Calendar shows the securities that are intended to be issued in respect of Government’s Public Sector Borrowing Requirements for the period September to November, 2020.

Ken Ofori-Atta, Minister for Finance at a press briefing today said the Agyapa Mineral Royalty Limited arrangement was the best deal for Ghana’s gold. Government, he revealed was excited about the listing of Agyapa Royalty Company in London as the first royalty company of that nature in Africa.

The Ministry of Finance has been made aware of a recent article published anonymously on 10th August, 2020, on the website Open Source Investigations (OSI) and carried on other local electronic and print media. The article is a clear misrepresentation of the facts as it relates to Ministry of Finance’s contractual relationship with, and fee payments to, KRL International LLC.

The Ministry of Finance (MoF) is in the process of preparing the 2021-2024 Budget Statement and Economic Policy. In this regard, the MoF requests inputs and written memoranda from Civil Society Organizations (CSOs), Faith Bzased Organizations (FBOs), Social Partners and the General Public, for consideration into the 2021 National Budget.

With 2020 being an election year, both a draft Budget Statement and Economic Policy for 2021 and a three months' "Expenditure in Advance of Appropriation" (Vote on Account) will be prepared. Whilst the three months' "Expenditure in Advance of Appropriation" will be laid in Parliament for consideration by 15th November 2020, the full Budget Statement and Estimate for the year 2021 will be laid in Parliament in the first quarter of 2021 after the elections.

Right Honourable Speaker, on the authority of His Excellency, President Nana Addo Dankwa Akufo-Addo, I beg to move that Honourable Members of this august House approve the Mid-Year Review of the Budget Statement and Economic Policy of the Government of Ghana and a Supplementary Estimate for the 2020 Financial Year, I present today, 23rd July 2020.

The Calendar is developed based on the Net Domestic Financing provided in the 2020 Budget, the domestic maturities, the 2020 Annual Borrowing & Recovery Plan (ABRP) and the Medium Term Debt Management Strategy (MTDS) for 2020-2023. The Calendar shows the securities that are intended to be issued in respect of Government’s Public Sector Borrowing Requirements for the period June to August, 2020.

This Report helps to shed light on and deepen our understanding of the factors behind the performance of state-owned enterprises (SOEs), other state entities (OSEs), and joint venture companies (JVCs). Not only would the insights gained strengthen partnerships between the state and the private sector, but it will also inform on-going interventions and shape key sector decisions relating to the management of the State’s interests in SOEs, OSEs and JVCs.

The unprecedented COVID-19 pandemic is posing significant challenges to the fiscal operations of Government and more generally on the implementation of the 2020 Budget through shortfalls in revenues, additional emergency spending, and tight financing conditions.

Ghana regrets 7th May, 2020 publication by the European Commission (EC) proposing to the European Union Parliament to add Ghana to its list of high risk third countries with strategic deficiencies in their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regimes on 1st October, 2020.

The Ministry of Finance has launched three policy initiatives designed to deepen financial inclusion and accelerate the shift to digital payments. As part of the launch, the Ministry presented the government’s vision of building a highly digitized payment system that accelerates economic development and drives inclusive growth.

Our attention has been drawn to a publication by factcheck-ghana.com of the Media Foundation for West Africa suggesting that Government has shared different macroeconomic data with Ghanaians and the International Monetary Fund (IMF). We wish to state that this assertion is false and misleading

Hon Ken Ofori-Atta, Minister for Finance has commended the leadership of Faith Based Organizations (FBOs) in the Ashanti Region and Ghana at large, for the efficiency with which they distributed food items to the poor and vulnerable during the lockdown.

Ghana’s Finance Minister, Ken Ofori-Atta has called for a new global economic order to salvage the world from the ravages being wreck on the economies of developing countries and the world at large.

It’s 5am and I stir. My stomach feels cramped. I have slept no more than four hours. My mind races. The problems cascade through. I hear the birds and do my meditation. My wife Angie and I are in the middle of an Easter study on the Book of Daniel, and I can’t help but think of the writing on the wall

Government through the Ministries of Finance and Gender, Children and Social Protection, is embarking on a food distribution drive to ensure that needy people in areas under the restriction of movement directive by H. E. the President, live in comfort.