The Ministry of Finance and the Bank of Ghana have commenced discussions with the IMF for an IMF-supported programme. A key prerequisite for a programme is confirmation that Ghana’s debt is on a sustainable path
Government Signs MOU with Eleven Banks on the Youstart Commercial Component
Government has signed a Memorandum of Understanding with eleven (11) banks for the YouStart Commercial Component, to support entrepreneurs gain access to capital to enhance their businesses.
Government holds 2022 Virtual SDGs Investment Fair on Green Enterprises and Climate Resilience
The Government of Ghana has held a two-day virtual fair aimed at increasing investments in green enterprise development as a sustainable pathway to climate resilient growth in Ghana.
Ayeekoo for a Job well done – Finance Minister to 2022 African Development Bank (AfDB) Annual Meetings Local Organizing Committee.
Ken Ofori-Atta, Minister for Finance has commended the Chairperson and members of the AfDB 2022 Annual Meetings Local Organising Committee for a job well done.
S&P Downgrades Ghana on the Back of Intensifying Financing and External Pressures
On 5th August 2022, Standard and Poor’s ("S&P") Global Ratings downgraded Ghana’s foreign and local currency credit ratings from 'B-/B' To 'CCC+/C' with a negative outlook. According to S&P, the downgrade is due to intensifying financing and external pressures on the economy.
Mid-Year Fiscal Policy Review of the 2022 Budget Statement and Economic Policy
Right Honourable Speaker, Honourable Members of Parliament, I stand before you on the authority of His Excellency, President Nana Addo Dankwa AkufoAddo to present the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2022 Financial Year