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Ministry of Finance Presents Vehicle To PIAC

The Ministry of Finance (MOF) has presented a vehicle to the Public Interest and Accountability Committee (PIAC) at a short ceremony held yesterday. The presentation of the 4x4 Toyota Land Cruiser was done by Hon. Mona Quartey, Deputy Minister of Finance and received on behalf of PIAC by its Chairman, Prof. Paul Kingsley Buah-Bassuah.

5 year Republic of Ghana GHS Denominated Treasury Bond Issuance

The Joint Bookrunners, Barclays Bank Ghana, Strategic African Securities and Stanbic Bank Ghana, are pleased to announce the Initial Price Guidance (“IPG”) of 23.50%- 25.75% for the forthcoming 5 Year Republic of Ghana GHS denominated Treasury Bond Issuance.  The issuance size is TBD.

The book-build will open at 9:00AM on Wednesday 2nd March 2016 and close on Thursday 3rd March 2016.  Book, timing updates and revisions to the IPG (based on the book of demand) will be sent to the market as necessary.



The issuance calendar for the first half of 2016 was developed in line with the MTDS that specifies the aggregate amounts to be raised by instrument in the period. The aggregate borrowing amount for the first half of 2016 is GHe30,730.00 million out of which forecast maturities is GHe27,779.00 million and net issuance is GHe2,951.00 million. Subsequently, the monthly calendar which would indicate the instruments (T-bills, notes and bonds) and the volume to be issued would be announced well in advance of each month.

Issuance Calendar for January 2016

The issuance calendar for the 1st half of 2016 was developed in line with the MTDS that specifies the aggregate amounts to be raised by instrument in the period.

5 Year Republic of Ghana GHS Denominated Treasury Bond Issuance





Hon. Cassiel Ato Forson, Deputy Minister of Finance today inaugurated a five-member Board of Directors for the Quality Control Company (QCC) Limited with Dr Stephen K Opuni, Chief Executive of the Ghana COCOBOD as Chairman.
Other members of the Board are; Dr Francis Kofi Oppong, Deputy Chief Executive (A&QC) COCOBOD; Mr Thomas Kwame Osei, MD QCC; Mr Eric Karikari-Boateng, Laboratory Scientist, Food and Drugs Regulating Authority; and Mr Yaw Kyei, representative of Licensed Buying Companies.

2016 Budget Statement and Economic Policy of the Government of Ghana

The Budget Statement and Economic Policy of the Government of Ghana for the 2016 Financial year presented to Parliament on Friday, 13th November, 2015 by Hon. Seth E. Terkper, Minister of Finance on the Authority of H. E. John Dramani Mahama, President of the Republic of Ghana. 
Theme: "Consolidating Progress towards a Brighter Medium Term"

Call for Application: NIE of the Green Climate Fund

The Ministry of Finance invites applications from eligible organizations for accreditation support as National Implementing Entities (NIEs) for the Green Climate Fund (GCF) set up under the United Nations Framework Convention on Climate Change (UNFCCC).

National Policy On Public Investment Management (PIM Policy)

A core responsibility of the Government of Ghana (GOG) is the provision of public infrastructure and services to improve the living conditions and facilitate effective economic activities in the country. Over the years, the delivery of this mandate had been met with various challenges. Government places high premium in the management of public investment, especially, with the view that volume and composition of public investment significantly impacts on macroeconomic performance. 

Goldfields Limited Present Dividend to Government

The Deputy Minister for Finance, Hon. Mona Quartey has commended Goldfields Limited for consistently paying its dividend to Government despite challenges with power supply and fallen prices of gold. She also urged companies in the extractive industries to emulate the performance of Goldfields Limited in this regard. Hon Quartey made these remarks when she, on behalf of the Ministry of Finance, received an amount of US$ 7 million, being the 2015 interim dividend of Goldfield Limited.


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