General
Brawl between military, prison officers at Bawku due to lack of trust – Bonaa
Security analyst, Dr. Adam Bonaa says the fight between military peacekeeping troops and officers of the Ghana Prison Service at Bawku in the Upper East Region could be occasioned by the lack of trust among the security agencies in the region. This comes on the back of fighting between military peacekeeping troops and personnel of […]
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Ashanti
NASO VIP 9090 CEO donates to Kumasi Prisons, Remar orphanage
Madam Ama Serwaah Owusu, the Chief Executive Officer of NASO VIP 9090 Transport, has made a donation to inmates at the female department of the Kumasi Central Prisons and Remar Ghana orphanage home at Patase as part of her 67th birthday celebration. The items donated to the two homes included several bags of rice, gari, […]
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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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Business
IMF: We are satisfied with Ghana’s Economic Performance
The International Monetary Fund (IMF) has expressed satisfaction with Ghana’s Economic performance under the IMF-supported program, as it reaches staff-level agreement on the second review of Ghana’s economic program under the Extended Credit Facility (ECF) arrangement. Addressing the media at a joint news conference with the Bank of Ghana (BoG) and the Ministry of Finance […]
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General News
We are overcoming learning poverty -Rev. Ntim Fordjour
Reverend John Ntim Fordjour, Deputy Minister of Education, says government learning interventions, in collaboration with Right to Play and other stakeholders, have improved learning outcomes at the basic level. Rev Fordjour said the introduction of the National Standardised Test had led to an increase of 38 per cent of learner’s ability to read in primary […]
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General News
Appianin Ennin To Contest Obuasi West Seat As Independent Candidate
A private businessman in Obuasi, Mr Kofi Appianin Ennin, has declared his intention to contest the Obuasi West Constituency parliamentary seat as an Independent Candidate, in the upcoming general elections in December 2024. Mr Kwaku Kwarteng, the incumbent MP and Madam Faustilove Appiah Kannin, have filed to contest the seat as New Patriotic Party (NPP) […]
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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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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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Featured
Dumsor: Tell Ghanaians the truth; Power challenges purely generational – Mutawakilu
The National Democratic Congress’ (NDC) parliamentary candidate for Damongo, Adam Mutawakilu, has attributed Ghana’s power challenges to a lack of generational capacity and liquidity lapses. The government is burdened with an over GH¢2.3 billion debt owed to Independent Power Producers in Ghana (IPPs), with regular power cuts that have had Ghanaians agitated. Speaking on The […]
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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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