Presentation of mid-year budget review rescheduled to July 25

July 19, 2023 The Minister of Finance, Ken Ofori-Atta, is expected to present the Mid-year budget review to Parliament on Tuesday, July 25, 2023. The house had earlier announced that the mid-year budget...

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July 19, 2023 / Comments (0)

Govt to exchange US$809m in newly announced dollar denominated DDEP

July 17, 2023 The government has announced a new Domestic Debt Exchange Programme (DDEP) for US dollar denominated bonds targeting to exchange US$ 809 million of the denominated notes and bonds. “The...

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July 17, 2023 / Comments (0)

Ofori-Atta confident Ghana will secure 2nd tranche of $600m from IMF

July 11, 2023 The Minister of Finance, Ken Ofori Atta, is optimistic government will secure a Staff-Level Agreement with the International Monetary Fund for the disbursement of the second tranche of the...

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July 11, 2023 / Comments (0)

We’re seeing stability in the economy – Finance Minister

July 6, 2023 Finance Minister Ken Ofori-Atta has indicated that Ghana’s economy is seeing stability. He indicated that Cedi is gaining strength against the Dollar while the inflation rate on the other...

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July 6, 2023 / Comments (0)

$3bn IMF deal: Let’s brace ourselves for the needed reforms – Finance Minister

June 20, 2023 The Minister of Finance Ken Ofori-Atta has reiterated that securing the International Monetary Fund (IMF) programme is not an end to Ghana’s current challenges. He said the programme has...

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June 20, 2023 / Comments (0)

25% of Ghana’s debt mainly from SOEs – Ofori-Atta

June 20, 2023 Finance Minister, Ken Ofori-Atta, has indicated that about 25% of Ghana’s assessed debt burden emanates from non-central government operations, mainly from State Owned Enterprises (SOEs)...

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June 20, 2023 / Comments (0)

Fiscal Risk Committee sworn in as part of efforts to strengthen the fiscal mg’t

May 10, 2023 The Fiscal Risk Committee has been sworn in by the Minister of Finance Ken Ofori-Atta. This was in line with Public Financial Management Regulations, 2019, LI 2378. The Ministry of Finance...

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May 10, 2023 / Comments (0)

World Bank commits $250m to Ghana Stability Fund

April 17, 2023 Finance Minister Ken Ofori-Atta has disclosed that the World Bank has agreed to commit $250 million to support the Ghana Stability Fund. This is part of the donor funding expected to come...

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April 17, 2023 / Comments (0)

Ghana’s bilateral creditors set to clear way for $3bn IMF bailout

April 11, 2023 Ghana hopes to take a big step towards restructuring its $58 billion-worth of debt this week, with its bilateral creditors meeting on Tuesday, April 11, 20223, to discuss whether to provide...

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April 11, 2023 / Comments (0)

Ghana’s IMF progress: Paris Club, China & other creditors agree to form OCC

March 28, 2023 Ghana’s Minister for Finance, Honourable Ken Ofori-Atta, has divulged that Ghana has made significant progress in its discussions for debt treatment with the Paris Club and other...

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March 28, 2023 / Comments (0)