The Ministry of Finance and the Bank of Ghana will host the first leg of the 2019 African Caucus Meeting of the Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Accra between 31st July and 2nd August 2019.
Several Road Projects get GH¢1.56BN Conditional Funding Approval
Minister of Finance, Ken Ofori-Atta, on Friday 28 June conditionally approved a multi-year funding commitment of GH¢1,560,551,812.33 for commencement of fourteen (14) road projects over the medium term.
GRA Management and Personnel Changes
In line with ongoing reforms by Government at the Ghana Revenue Authority (GRA) to improve performance, consistent with the 2019 Budget (paragraph 288), there have been changes at the Top Management level of the institution.
Adopting Growth-Enhancing Policies While Containing Risks and Protecting the Most Vulnerable
Ghana’s Finance Minister, Mr. Ken Ofori-Atta has indicated that the surest way of attaining UN Agenda 2030 for Sustainable Development was to adopt growth-enhancing policies while containing risk and protecting the vulnerable.
Eurobond Market Overwhelmingly Endorses Ghana as the Country Successfully Nears Completion of the IMF Programme
Ghana successfully raised US$3 billion in Eurobonds yesterday. The country’s strong
macroeconomic performance over the past two years and bright future prospects were
confirmed by the Capital Markets with an unprecedented order-book in excess of US$21
billion; an oversubscription of more than seven (7) times the largest ever in Africa to-date.
Google Regrets a Glitch in their Exchange Rate Currency Converter that affected their Cedi to Dollar rates last Friday
Accra, Wednesday 20th March, 2019 - On Friday, 15th March, Google’s currency converter widget displayed a cedi to dollar rate that was four times the actual value, alongside erroneous market rates of a number of currencies against the Ghanaian Cedi.
IMF Staff Concludes Discussions on the Combined Seventh and Eighth Reviews of Ghana’s Extended Credit Facility Program
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board.
Ministry of Finance Response to European Commission’s List of Countries with Strategic AML/CFT Deficiencies
Ghana regrets the February 13, 2019 decision by the European Commission (EC) to add Ghana to its list of countries with strategic deficiencies in their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework.
Ghana's Oil Production Estimated to go up to 500,000 Barrels per day by 2024
Aker Energy ASA has confirmed a significant offshore resource base in Ghana and has committed to scale up new development in the Deepwater Tano Cape three points block (DWT/CT).
West African Monetary Zone (WAMZ) 2018 End-Year Statutory Meetings
The Government of Ghana under the auspices of the Ministry of Finance and the Bank of Ghana, and in collaboration with the West African Monetary Institute (WAMI), will host the West African Monetary Zone (WAMZ) end year 2018 Statutory Meetings, from Monday, February 4 to Friday, February 8, 2019.