Tag Archives: Ministry of Finance

Rural Banking Week Launch Highlights Importance of ESG Principles in Financial Inclusion

The Ashanti Chapter of the Association of Rural Banks (ARB) has launched its 10th Rural Banking Week Celebration, emphasizing the theme “Driving Sustainable Financial Inclusion and Good Governance in Rural and Community Banks Based on ESG Principles”. Speaking at the press launch, Lawyer Ben Kwakye-Adeefe, President of the Ashanti Chapter …

Read More »

NHIS and COVID-19 levies will be repealed in 2026 – Finance Minister Announced.

In an effort to lessen the burden on Ghanaians and do away with the cascading effects of some levies, Finance Minister Dr. Cassiel Ato Forson has announced a number of tax reforms under the Value Added Tax (VAT) Act. On Thursday, July 24, Dr. Forson gave Parliament the 2025 Mid-Year …

Read More »

Ato Forson promises that the 2025 budget will foster growth and opportunities for Ghanaians.

Ghana’s finance minister, Dr. Cassiel Ato Forson, has pledged that the budget for 2025 will promote economic growth, progress, and opportunity for all Ghanaians. During the March 11 budget announcement, Ato Forson reiterated the government’s dedication to fostering social advancement, economic stability, and shared prosperity. According to Ato Forson, the …

Read More »

I’ll support any policy approach for Free SHS – Deputy Finance Minister nominee.

The public has been assured by Thomas Nyarko Ampem, the deputy minister-designate for finance, that there are no plans to rescind the Free Senior High School (SHS) program and that he remains committed to its continuation.   In order to secure adequate funding for the effective implementation of the plan, …

Read More »

E-levy and Betting tax set to go as Finance Minister presents 2025 Budget on March 11.

The government will unveil bold tax reforms and economic strategies aimed at stabilizing Ghana’s economy. To relieve financial strains, the government intends to eliminate the COVID-19 charge, betting tax, and E-charge. The budget will include plans for economic stabilisation under the IMF-backed initiative. Controlling spending, managing debt in the energy …

Read More »

Ken Ofori-Atta declared wanted.

Former Finance Minister Ken Ofori-Atta has been listed as a fugitive by the Office of the Special Prosecutor. “The fugitive’s name is Kenneth Ofori-Atta,” Special Prosecutor Kissi Agyebeng stated during a press conference on Wednesday, February 12. On the grounds that he had caused financial loss to the state in …

Read More »

$3bn bailout: IMF and Ghana reach staff-level agreement on the third review

The International Monetary Fund (IMF) and Ghanaian authorities have achieved an agreement on a third assessment of the country’s US$3 billion loan programme, the IMF said in a statement on Friday. The IMF met with Ghanaian authorities in Accra on Tuesday, September 24, and concluded on Friday, October 4, discussing …

Read More »