News

Ghana’s President and the Chair of the Climate Vulnerable Forum CVF, Nana Addo Dankwa Akuffo-Addo has stressed the critical need for a comprehensive reassessment of the international financial architecture to expedite and align it with climate action.

The Minister for Finance, Ken Ofori-Atta, has stressed the urgent need for the global financial framework to extend support to members of the Vulnerable Twenty Group (V20) currently facing severe financial strain.

The Ministry of Finance has signed a grant of US$ 102.59 million with the African Development Bank (AfDB) for Fiscal Consolidation and Economic Recovery Program (FISCERP) in Accra.

The Ministry of Finance and the International Finance Corporation (IFC), a member of the World Bank Group has held the inaugural Ghana Mutual Prosperity Dialogues in Accra.

The Ministry of Finance led by the Minister, Hon Ken Ofori-Atta, and some management of the Volta River Authority (VRA) have visited some of the victims of the Akosombo Dam spillage in the North Tongu District to commiserate with them.

Minister for Finance, Ken Ofori-Atta has on behalf of Government signed two financial agreements worth 42 million Euros with the European Union with the aim of promoting sustainable development and economic progress.

The President and Chair of the Board of Directors of the US Export Import Bank, (US-EXIM) Reta Jo Lewis and some top management of the bank have paid a courtesy call on Ken Ofori-Atta, Minister for Finance.

Ken Ofori-Atta, Minister for Finance has affirmed Ghana’s unwavering commitment to host the Independent Secretariat for the Climate Vulnerable Forum of the V20 Group of Finance Ministers with a pledge of one million US dollars.

Minister for Finance, Ken Ofori-Atta has emphasized the need for the country to remain optimistic about the economy as it was on a steady path to economy recovery.

This document (the “Document”) has been prepared by the Ministry of Finance of the Republic of Ghana (the “Republic”) with the assistance of its financial advisors Lazard Frères SAS (“Lazard”). This Document shall be viewed solely in conjunction with an oral briefing provided by the Republic.