News & Events

Ken Ofori Atta, Minister for Finance has called for an overhaul of the global financing architectural framework, if Africa is to achieve the Sustainable Development Goals (SDGs). These include global financial arrangements which make producer countries ‘price takers’; conditions that promote illicit financial flows; conditionalities associated with capital acquisition and its high cost.

Ken Ofori Atta, Minister for Finance today said that as much as there was the need to accelerate innovative financing to assist developing countries achieve SDG on education, it was very crucial that the current pedagogy in some developing countries should be overhauled to equip the youth in those countries to properly engage the world in the near future.

Minister for Finance on Friday swore-in Professor Stephen Adei as the new Chair of the Board of the Ghana Revenue Authority (GRA), and Mr. Eugene Asante Ofosuhene as a Board Member. He also accepted the retirement notification of Mr Kofi Nti, the current Commissioner-General, effective October 1st 2019.

Government has recently announced at a meeting hosted by the Ministry of Finance, the Ministry of Energy, IPPs and GSs on 26th August, 2019, that it is forming a steering committee under the Energy Sector Recovery Task Force to engage with each IPP and GS to resolve the Take-or-Pay power contracts crippling the country’s energy sector.

The Government of Ghana has secured a US$20m concessional funding for the construction of additional facilities, supply and installation of medical equipment to the adjunct clinical block at the Bolgatanga Regional hospital in the Upper East Region.

The Ministry of Finance has engaged a number of stakeholders to solicit their inputs into the 2020 budget statement and economic policy of government to be presented to Parliament in November 2019.