Ghana’s Minister for Finance, Ken Ofori-Atta, has called on Governments of West and Central Africa to scale up investment in the education of its youth to ensure economic prosperity.

Minister for Finance, Ken Ofori-Atta has stated government’s plan to ensure smooth re-entry of current cohort of workers who lost their employment or were under-employed because of the COVID-19 pandemic into the labour market.

The Year 2021 was an extraordinary year, as the country journeyed towards recovery from the devastating impacts of the COVID-19 pandemic. As part of measures to mitigate the impact of the pandemic, Government’s medium-term fiscal policy was broadly focused on improving macroeconomic stability through fiscal consolidation, increased revenue mobilisation, and ensuring efficiency and effectiveness of public finances to achieve value for money.

Minister for Finance, Ken Ofori-Atta, has signed a USD24.98 million credit facility on behalf of the Government of Ghana with the Indian Government for the construction of assembling plant to boost the agriculture sector.

Ken Ofori-Atta, Minister of Finance, has urged the African Trade Insurance Agency (ATI) to support Africa turn its risk into opportunity.

The Vice President of the Republic of Ghana, Dr. Mahamadu Bawumia has commended the African Trade Insurance (ATI) for their innovative solutions to Africa’s economic challenges.

– The Government of Ghana and the World Bank will launch the World Bank’s regional education strategy for Western and Central Africa “From School to Jobs: A Journey for the Young People of Western and Central Africa” during a regional ministerial meeting on June 27 in Accra, Ghana.

The Government of Ghana will be hosting the 22nd Annual General Meeting (AGM) of the African Trade Insurance Agency (ATI) in Accra on Thursday, June 23, 2022, at the Kempinski Gold Coast Hotel.

The Ministry of Finance and its Agencies marked the Green Ghana Day with planting of tree seedlings at the forecourt of the Ministry of Finance.

- The President of the Republic of Ghana, Nana Addo Dankwa Akufo Addo has indicated that, the newly launched Development Bank Ghana, (DGB) has the capacity to move the nation towards achieving the Ghana Beyond Agenda.

The 57th Annual Meetings of the Board of Governors and the 48th Annual Meeting of the Board of Governors of the African Development Fund was held in Accra, the capital of Ghana from the 23rd to 27th of May 2022.

The Vice President of Ghana, Dr Mahamudu Bawumia, has urged Governors of the African Development Bank (AfDB) to pursue an aggressive resource mobilisation drive through Special Drawing Rights (SDRs) for Africa’s recovery and transformation.

Minister for Finance, and outgoing Chairman of the African Development Bank (AfDB) Group Board of Governors, Ken Ofori-Atta has called on African leaders to leverage on its rich and enormous natural and human resources to make the continent prosperous.

The Board of Governors for the African Development Bank (AfDB) has adopted a 10-year strategic plan to help revive African economies from the adverse impact of the COVID-19 pandemic and the Russian-Ukraine war, and make the continent, prosper.

Minister for Finance, Ken Ofori-Atta has hinted that, the Africa Development Bank Group Annual General Meetings to be held in Ghana would provide an avenue for the continent to respond to its challenges.

The Governing Board for the Ghana Statistical Service (GSS) has been sworn in with call to promote the effective use of statistics and stimulate research activities.

According to the GSS, real GDP expanded by 7.0 percent in the fourth quarter of 2021 compared to the 4.3 percent growth recorded in the corresponding period of 2020. Similarly, non-oil real GDP in the fourth quarter of 2021 expanded by 7.6 percent compared to 5.7 percent for the same period in 2020.

The Ministry of Finance and the Ghana Extractive Industries Transparency Initiative (GHEITI) in collaboration with GIZ have launched the 2019 Reports for the Mining and Oil and Gas Sectors in Accra.

Government of Ghana has received a grant of Forty-four million and seven hundred thousand Euros (€ 44.7m) to expand its irrigated agriculture system, captured as Agricultural Water Management Project (AWMP).

A seven (7) year Government of Ghana-European Union (EU) Multi-annual Indicative Programme (MIP) has been launched. The programme, which spans 2021-2027 covers three prioritized areas of Green, Resilient and Inclusive Growth; Sustainable Cities; and Good Governance and Security.

Continuing a trend that began in 2017, it is my singular honour to present to the 2020 edition of the Annual State Ownership Report. This Report, as with the previous ones, puts a spotlight on the performance of entities in which the State has an interest, collectively referred to as Specified Entities (SEs).

Accra, Thursday 24th March, 2022 - Minister for Finance, Ken Ofori-Atta has given details of Government plans to address the economic difficulties due to recent global and domestic events and assured that government will not roll back on its major policy interventions such as the free SHS.

If we look at the world today, there are two clear forces shaping global events: the impact of the novel coronavirus pandemic and the crisis in Ukraine. With the virus, the records show that our decision to focus first on protecting lives and then livelihoods has paid off.

Ken Ofori-Atta, Minister for Finance, has envisaged an exciting future for entrepreneurship in the country as the COVID-19 challenges had presented an opportunity to ignite new business ideas and create a path for a sustainable future for the Youth and their entire families and communities.

Minister for Finance, Ken Ofori-Atta has indicated that, Government’s strategies to build a sound, robust and entrepreneurial state were clearly stated in the 2022 Annual Budget Statement dubbed “Adwenpa” Budget.

DBG recognizes that in the delivery of its lending and investment, it may be exposed through the PFIs to the Environmental and Social (E&S) risks associated with the business activities of the sub-borrowers and sub-projects they finance

Ten new members of the Central Tender Review Committee (CTRC) has been sworn in by the Deputy Minister for Finance, Hon. Dr. John Ampontuah Kumah, (MP) on behalf of the Minister for Finance, Ken Ofori Atta.

The National Lottery Authority (NLA) has presented a cheque of Ghc10,000,000.00 to the Ministry of Finance as their contribution to the YouStart programme to tackle the high youth unemployment in the country.

Reference is made to a publication by S&P Ratings from their New York Office, on 4th February 2022 that the Rating Agency has affirmed Ghana’s Long and short-term foreign and local currency ratings at B- and maintained the outlook at Stable

Reference is made to a publication by Moody’s Ratings, on 4th February 2022, that the Rating Agency has downgraded Ghana’s Long-Term Issuer and Senior unsecured bond Ratings to Caa1 from B3 and changed the outlook from negative to stable.