The Minister for Finance, Dr. Mohammed Amin Adam (MP), per Section 28 of the Public Financial Management Act, 2016 (Act 921), will present to Parliament, the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2024 Financial Year.
Government to launch SME growth and opportunity programme to provide coordinated support for SME growth in Ghana
Government, through the Ministries of Finance and Trade and Industry and partnering agencies will launch the SME Growth and Opportunity Programme at a summit on Tuesday 16th July 2024.
The Ministry Formally Announces That the Agreement in Principle with Representatives from Bondholders is Consistent with the Comparability of Treatment Principle
The Ministry is pleased to announce that it has received a formal confirmation from its Official Creditor Committee (OCC) that the Agreement in Principle reached with representatives of Eurobond holders is consistent with the Comparability of Treatment principle.
World Bank Approves $250 Million Credit and $10 Million Grant to Support Ghana’s Energy Sector
The World Bank has approved a $250 million credit from the International Development Association (IDA) and an additional $10 million grant from the Energy Sector Management Assistance Programme, to support a 4-year Ghana Energy Sector Recovery Programme for Results (PforR) to improve the financial viability of electricity distribution and increase access to clean cooking solutions.
Ghana’s Government Has Reached a Memorandum of Understanding with Its Official Creditor Committee
The Government of the Republic of Ghana is pleased to announce that an agreement has been reached on a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC) regarding the debt treatment agreed upon in January 2024. Ghana’s OCC is co-chaired by China and France, both of which played important roles in this achievement.
Hon Abena Osei-Asare Leads Ghana’s Delegation to the Afreximbank Annual General Meetings
Hon Abena Osei-Asare, Minister of State is leading Ghana’s delegation to attend the 2024 Africa Export-Import Bank (Afreximbank) Annual Meetings and the 3rd African-Caribbean Trade and Investment Forum (ACTIF2024) taking place in Nassau, Bahamas from 12th to 15th June, 2024.
Finance Minister Leads Ghana’s Delegation to AFDB Annual Meetings in Nairobi, Kenya
Dr. Mohammed Amin Adam, Minister for Finance, is leading Ghana’s delegation to the African Development Bank Group (AfDB) Annual Meetings which starts today in Nairobi, Kenya
Approval of Additional Financing for the GARID Project
Parliament approved US$150 million from the World Bank as additional financing for the implementation of solid waste management, drainage improvements, and other flood mitigation measures under the Greater Accra Resilient and Integrated Development (GARID) Project.
Finance Minister Signs Mou with EBID to Channel USD 200 Million Funding to SMEs
Minister for Finance, Hon. Dr. Mohammed Amin Adam, successfully concluded a one-day working visit to Lomé, Togo, on Friday 10 May 2024, where he signed a strategic Memorandum of Understanding (MOU) with the ECOWAS Bank for Investment and Development (EBID), to provide USD 200 million in funding
GOG-IMF Joint Press Conference on the Second Review of the Imf-Supported Post-Covid-19 Programme for Economic Growth (PC-PEG)
Ladies and gentlemen, the effective implementation of the PC-PEG is yielding some good results as we are now witnessing relative macroeconomic stability and seeing signs of economic recovery