General
Police officer, seven others granted GHc4m bail over $523K gold scam
A Police Officer – Staff Sergeant (S/Sgt) Isaac Akwasi Aning and seven others have been arraigned and charged over some $523k gold scam transactions. The transaction involved six Ghanaians and two Turkish nationals (victims). S/Sgt. Akwasi Aning (6th Accused) together with Samuel Adu Kumi, (1st Accused) Benjamin Kakpo Addoquaye aka Ketuketu, (2nd Accused), Isaac Offei […]
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Business
Former PPA CEO pleads not guilty to fresh charges, granted GHc4m bail
The former Chief Executive Officer (CEO) of the Public Procurement Authority (PPA) Agyenim Boateng Adjei has pleaded not guilty to fresh charges by the Office of the Special Prosecutor (OSP). This comes barely an hour after the OSP dropped charges against him and his brother-in-law Francis Kwaku Arhin in the previous charge sheet filed on […]
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Economy
Gov’t determined to reach debt agreement within sustainable targets
By Joshua Worlasi AMLANU joshua.amlanu@thebftonline.com Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […]
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Business
Ghana’s medium-term macroeconomic outlook positive – Amin Adam
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […]
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Business
We won’t overburden Ghanaians with taxes – Amin Adam assures
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […]
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General News
Government Assures Ghanaians Of No New Taxes
Mohammed Amin Adam In a press briefing held on Saturday, Finance Minister Mohammed Amin Adam assured Ghanaians that the government is committed to not burdening citizens with more taxes.
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Economy
Gov’t advancing debt restructuring efforts – Fin. Minister
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […]
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Business
Ghana is still one of the best destinations for businesses to thrive – Finance Minister
Finance Minister Dr Mohammed Amin Adam has said that the government recognizes that significant steps must be taken to improve the business environment in Ghana. He noted that Ghana is still one of the best destinations on the continent for the private sector to thrive. Dr Amin Adam said this while inaugurating the Ghana Mutaul […]
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Headlines
Port charges to be streamlined – finance minister
By Emmanuel AKOMEA The Minister of Finance Dr. Mohammed Amin Adam has announced plans to streamline port charges following a visit to the Tema port and discussions with Customs officials and agents. The decision seeks to tackle the multitude of charges at the country’s sea ports, curb duty evasion and address challenges in handling transit […]
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Business
$3bn IMF bailout: Ghana on course to meet targets – Amin Adam
The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […]
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Business
Cedi has largely stabilized since 2023 – Amin Adam
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […]
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Business
We borrow for projects because we don’t generate enough revenue – Amin Adam
The Minister of Finance, Dr. Mohammed Amin Adam, has highlighted the inadequacy of the country’s generated revenue to meet its infrastructural demands. He underscored the necessity for the government to resort to borrowing from the international capital market to supplement its efforts in addressing the country’s infrastructure needs. Expressing concern about the revenue raised from […]
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Editorial
Editorial: This is timely, EC
Anyone who has the security of this country at heart might have cringed when it emerged last week that the undersea cable that helps to give us internet services had been damaged. But for around the clock efforts put in by the telecom companies, our national economy, which depends virtually on digitisation would have crashed. […]
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Business
Collaborative efforts with IMF will drive sustainable growth in Ghana – Amin Adam
Finance Minister Dr. Mohammed Amin Adam has expressed confidence in fostering a closer partnership with the International Monetary Fund (IMF) to bolster Ghana’s economic resilience and expedite sustainable and inclusive growth. According to Amin Adam, this collaboration with the IMF will pave the way for a more prosperous future for all Ghanaians. Dr. Adam’s remarks […]
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Featured
Transfer GH¢181m to beneficiaries of Responsiveness Factor Grant – MoF to DACF
Finance Minister Mohammed Amin Adam has urged the Office of the District Assemblies Common Fund (DACF) to promptly transfer the allocated GH¢181,837,022.00 to the beneficiaries of the DACF-Responsiveness Factor Grant (RFG) for the District Performance Assessment Tool (DPAT) VI. He expressed concern that the ongoing delays in transferring the funds to the Metropolitan Municipal District […]
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Business
Your death has left a profound void in my heart – Amin Adam mourns John Kumah
The Minister of Finance, Dr. Mohammed Amin Adam, has expressed deep sorrow over the sudden passing of the late Deputy Finance Minister and MP for Ejisu, Dr. John Ampontuah Kumah. At the age of 45, Dr. Kumah reportedly succumbed to a brief illness on Thursday, March 7, according to sources close to the family. In […]
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Featured
I’ll ensure a successful completion of Marine Drive project – Egyapa Mercer
Andrew Egyapa Mercer, Minister-designate for the Ministry of Tourism, has assured that he will liaise with the necessary stakeholders to ensure the successful completion of the Marine Drive project. During his vetting in Parliament, Mr Egyapa Mercer indicated that the project was moved to the Office of the President in 2020 and that he will […]
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