In the Budget Statement presented to Parliament on November 24th, I announced that government will undertake a debt operation programme. The broad contours of the Debt Sustainability Analysis has been concluded and I am here this evening to provide some details on ...
Ghana-Germany Complete Inter-Governmental Negotiations
The Government of Ghana and the Government of the Federal Republic of Germany have concluded bilateral negotiations on development cooperation in Berlin from 28th to 29th November 2022.
Update Re Possible Debt Operations
The Ministry of Finance provides the following update on the progress of technical work on possible debt operations, as part of ongoing negotiations with the International Monetary Fund (IMF or the Fund). This update follows statements made on the sides of the presentation of the 2023 budget in Parliament on Thursday 24th November, 2022.
Press Release on 2023 Annual Budget
In accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921) the Minister for Finance will, on behalf of the President, lay before Parliament the 2023 Annual Budget Statement and Economic Policy of Government on Thursday, 24th November, 2022.
False Claims About IMF Negotiations
The Ministry notes that in recent days, a number of persons have been making false claims about the ongoing negotiations with the International Monetary Fund (IMF or the Fund).
World Bank/IMF Annual Meetings and Progress of Negotiations with The Fund
A Government Delegation has successfully concluded a trip to Washington D.C., to attend the Annual Meetings of the World Bank and International Monetary Fund (IMF or the Fund); and continue negotiations for IMF support for Ghana’s Post-Covid Programme for Economic Growth
Disregard Social Media Advisories
The attention of the Ministry of Finance has been drawn to social media audiotapes and mainstream media publications speculating about a 94% discount of Tier 2 pension investments in government securities. Other publications also encourage a switch from securities to forex as a store of value.
European Union Allocates EUR 10 million to Ghana’s Food Security in the Context of the Global Food Crisis
The European Union (EU) has pledged an additional EUR 10 million to Ghana to support the most vulnerable populations facing an escalating global food security crisis exacerbated by Russia’s unprovoked and unjustified invasion of Ukraine.
Ghana's Finance Minister to preside over Ministerial Dialogue of Economies Most Vulnerable to Climate Change
DC - Finance Miniter Ken Ofori-Atta of the Republic of Ghana will preside over the V20 Ministers of Finance Annual Dialogue IX this coming Sunday, 16 Oct 2022. The ministerial event , held every year alongside the World Bank-IMF Annual Meetings in Washington DC,will be attended by Finance Ministers from Africa,Asia,the Caribbean,Latin America,the Middle East, and the Pacific.
Consultative Committee on Financial Sector Stakeholder Engagement
Following the Press Briefing held by the Ministry of Finance on 26th September, 2022, the Ministry of Finance (MoF) and the Bank of Ghana (BoG) have constituted a 5-Member Consultative Committee consisting of prominent financial services professionals to lead extensive stakeholder engagements across all the key segments of the financial sector.