News & Events

In 2018 we continue to focus on fiscal consolidation, address structural challenges and improve domestic revenue mobilization. We met our key macroeconomic targets in 2017; In 2018, we successfully completed the combined  IMF 5th & 6th  reviews; successfully issued 10 & 30 year Eurobonds; presented the 2018 Mid-Year Fiscal Policy Review; & we are on course with our economic transformation agenda. 

The Public Procurement Authority (PPA) by a circular dated, 18th May, 2018 to all Ministries, Departments and Agencies is requesting all Suppliers, Contractors and Consultants to register on PPA’s Database available on www.ppaghana.org with valid documents as per suppliers’ qualification requirements under Section 22 of Act 663.

Consistent with the provisions under Article 179 (1) of the 1992 Constitution and Section 20 (1) of the Public Financial Management Act, 2016 (Act 921), this Budget Preparation Guidelines is issued to facilitate the preparation of the 2019 and the medium term (2019-2022) Budget, by Ministries, Departments and Agencies (MDAs) as well as Metropolitan, Municipal and District Assemblies (MMDAs).

The Government has taken note of the measures announced by the Bank of Ghana on 1^st August 2018, to consolidate five banks as part of efforts to restore confidence and trust in our banking system, and to protect depositors and jobs.

In 2014, PBB was implemented by all MDAs on the basis of different manuals and guidance materials. This has resulted in the establishment of some PBB fundamentals. However, to keep up with best international practices, and improve the current PBB practice, there is a need for a revision and consolidation of all PBB-related guidance materials.

The Parliament of the Republic of Ghana has passed the Luxury Vehicle Levy to impose an annual levy on vehicles with high engine capacities. The implementation of this Law takes effect from Wednesday, 1^st August, 2018.