The Minister for Finance, Dr. Cassiel Ato Forson, has announced an ambitious government plan to acquire 200000 hectares of land for cocoa plantations as part of efforts to revive Ghana’s struggling cocoa sector and restore production levels to 1 million metric tonnes.
11-Member Ghana Cocoa Board Inaugurated with a Pledge to Revive the Sector
An eleven-member Board of Directors for the Ghana Cocoa Board (COCOBOD) has been officially inaugurated at a brief but significant ceremony at the Ministry of Finance, with a strong call to urgently reverse the fortunes of the ailing cocoa sector.
Finance Minister Meets Energy Minister and Key Sector Players on Reliable, Affordable Electricity
The Minister for Finance, Hon. Dr. Cassiel Ato Forson, and the Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, convened a high-level meeting with key stakeholders in the energy sector to deliberate on measures to ensure a reliable, efficient, and affordable electricity supply for Ghanaians.
New Gas Processing Plant Will Be a Game-Changer for Ghana—Finance Minister
Finance Minister Dr. Cassiel Ato Forson has described the planned Second Gas Processing Plant (GPP II) as a game-changing project that will transform the country’s energy landscape, create jobs, and save the economy hundreds of millions of dollars.
Implementation Committee for Second Gas Processing Plant Inaugurated
Government has inaugurated an Implementation Committee to oversee the delivery of Ghana’s Second Gas Processing Plant (GPP II), a major infrastructure project expected to ease the country’s energy challenges and save millions of dollars in fuel costs.
More Good News for Ghana as S&P Upgrades Credit Rating, Citing Strong Progress Under Finance Minister Ato Forson
In a significant endorsement of Ghana’s economic recovery efforts, global credit rating agency S&P Global Ratings has upgraded the country’s foreign-currency sovereign credit rating from Selective Default (SD) to CCC+.
Gov’t Tightening Abused Exemptions Regime — Deputy Finance Minister Tells South Sudan Delegation
Deputy Minister for Finance, Thomas Ampem Nyarko, has underscored the government’s commitment to tightening loopholes within Ghana’s tax exemptions regime, describing it as a major source of revenue loss for the country.
FABAG Assures of Falling Food and Beverage Prices, Calls for National Price Reduction Campaign
The Food and Beverage Association of Ghana (FABAG) has announced that prices of key commodities within the sector are beginning to fall, with further reductions expected in the coming weeks.
Cedi’s Appreciation Not a ‘Nine-Day Wonder’ — Finance Minister
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has assured stakeholders that the recent appreciation of the Ghanaian cedi is not a fleeting development but the result of deliberate and strategic economic management.
Government Committed to Completing University of Engineering and Agricultural Science— Deputy Finance Minister Assures
Deputy Minister for Finance, Thomas Ampem Nyarko, has given the strongest indication yet that government will prioritise the completion of the University of Engineering and Agricultural Science at Bunso in the Eastern Region.