Accra, Wednesday 19th February, 2020. Reference is made to a press release by the Chamber of Bulk Oil Distributors (CBOD) on the 10th February, 2020 announcing the final settlement in full of all legacy debts due the BDCs and Banks from the period July 2011 – June 2015 plus interest up until 31st March, 2018.
-
The Ministry of Finance exists to ensure macro-economic
stability for promotion of sustainable economic growth
and development of GhanaWelcome to the
Ministry of Finance -
Government and World Bank Group sign Financial Agreement for Four Projects
The Government of Ghana represented by the Minister for Finance, Ken Ofori-Atta
has signed financial agreements for four projects amounting to UD 569.39 million
with the International Development Agency of the World Bank Group, represented
by the Country Director, Mr. Pierre Frank Laporte. -
Minister for Finance announces the Establishment of African Sankofa Savings Account
Minister for Finance today announced the establishment of the “African Sankofa Savings Account”,
a diasporan investment and savings fund to provide investment opportunities for Diaspora
Community worldwide. -
Collaboration with FBOs to Strengthen Domestic Potential in Resource Mobilization
The Minister for Finance has stated that the collaboration between Government and
the Ghanaian Christian Community was geared towards building a Wealthy, Inclusive,
Sustainable, Empowered and Resilient (W.I.S.E.R.) Ghana. -
Ken Ofori Atta Appeals to Faith Based Organizations
The Minister for Finance, Ken Ofori Atta has called on the
Faith Based Organizations (FBOs) in the country to join
hands and support government to realize the change
needed for the total growth and transformation of the country.
News Update
-
Government Completes Payments of all BDCS Legacy Debts
- Feb 19 2020
-
2021 - 2024 Budget Preparation Calendar
- Feb 13 2020
The 2021-2024 Budget Preparation Calendar which outlines the programmes required for effective budget development, is being forwarded for your information. -
February 2020 2-Year Treasury Bond Issuance Announcement (Rollover)
- Feb 10 2020
Book-build opens 9:00AM ,Wednesday, 12, February 2020.Revised Pricing Guidance (released as necessary during the Book-build).Revised and Final Pricing Guidance (released as necessary during the Book-build).Books are expected to close around 2:30PM on Thursday -
International Capital Markets Reaffirm Confidence in Ghana, as Bond Issuance Results in order book 5 times Required Amount
- Feb 05 2020
On Tuesday, Ghana became the first ever country on the African continent to issue a 41-year bond, as the West African country successfully raised US$3 billion in the international debt capital markets. -
2020 Budget Implementation Instructions
- Feb 03 2020
Following the passage of the Appropriation Act, 2019, (Act 1008) by Parliament, the Ministry has issued this Budget Implementation Instructions in accordance with the Public Financial Management Act, 2016 (Act 921), to guide all Ministers (Principal Account holders) and Chief Directors (Principal spending officers) in the implementation of the 2020 Budget. -
Moody's Changes Ghana's Outlook from Stable to Positive, Affirms B3 Rating
- Jan 27 2020
Reference is made to a publication by Moody’s from their New York Office, on 24th January, 2020 that the Rating Agency had affirmed Ghana's long-term issuer and senior unsecured bond ratings at B3 and changed the outlook from stable to POSITIVE. -
Government and World Bank Group sign Financial Agreement for Four Projects
- Jan 21 2020
The Government of Ghana represented by the Minister for Finance, Ken Ofori-Atta has signed financial agreements for four projects amounting to UD 569.39 million with the International Development Agency of the World Bank Group, represented by the Country Director, Mr. Pierre Frank Laporte. -
Government’s Determination to take Ghana out of the aid Dependency Syndrome on Course
- Jan 15 2020
A Deputy Minister for Finance, Hon. Charles Adu Boahen has given a firm indication that Government’s desire to take Ghana out of the aid dependency syndrome was on course. -
Minister for Finance announces the Establishment of African Sankofa Savings Account
- Jan 04 2020
Minister for Finance today announced the establishment of the “African Sankofa Savings Account”, a diasporan investment and savings fund to provide investment opportunities for Diaspora Community worldwide. -
Government’s Issuance Calendar for January to March, 2020
- Jan 02 2020
As part of Government’s effort to improve market transparency in the issuance of Government securities, we forward the attached issuance calendar for publication. The Calendar is developed based on the Net Domestic Financing in the 2020 Budget. -
National Housing and Mortgage Fund (NHMF) Survey
- Dec 30 2019
The growing Ghanaian population has continued to widen the housing deficit which is estimated at 2 million housing units. The Government of Ghana has intervened in the housing situation in the country to provide affordable housing especially for public sector workers. -
Let’s Remember Lessons Learned and make Room for Improvement in 2020 - Minister Urges Staff
- Dec 23 2019
Ken Ofori-Atta has urged staff of the Ministry of Finance and its agencies to use the Christmas celebration to reflect on the performances of their duties as they looked forward to 2020 -
Government of Ghana and the People’s Republic of China sign 300M RMB Grant Agreement on Economic and Technical Project
- Dec 15 2019
The Minister for Finance, Hon. Ken Ofori Atta has signed a RMB 300 million (US$ 42.62 million) grant project agreement with the Republic of China to support the implementation of economic and technical projects. -
Collaboration with FBOs to Strengthen Domestic Potential in Resource Mobilization
- Dec 11 2019
The Minister for Finance has stated that the collaboration between Government and the Ghanaian Christian Community was geared towards building a Wealthy, Inclusive, Sustainable, Empowered and Resilient (W.I.S.E.R.) Ghana. -
Support SDGs Financing by Partnering with Government
- Dec 03 2019
The Minister for Finance Mr. Ofori-Atta, has appealed to both local and foreign business and financial institutions to support the financing of the SDGs by directly partnering with government to leverage all the assets the nation had been blessed with for sustainable economic development -
2019 Accra Sustainable Development Goals Fair Opens Tomorrow
- Nov 26 2019
The Ministry of Finance in partnership with the Sustainable Development Goals (SDGs) Advisory Unit at the Presidency, the Planning Ministry and the Ghana Investment Promotions Centre will from Wednesday, 27th November to Thursday, 28th November, 2019 host the 2019 Accra SDGs Investment Fair. -
2020 Citizens Budget
- Nov 26 2019
January 2020 will be exactly three (3) years since the good people of Ghana took the bold decision to entrust the management and affairs of this nation into the hands of the Akuffo-Addo- led government. As we take stock of our stewardship, we say Ebenezer. Yes, thus far the Lord has indeed brought us! -
2019 Accra SDGs Investment Fair
- Nov 25 2019
The Ministry of Finance in partnership with the SDGs Advisory Unit at the Presidency, the Ministry of Planning and the Ghana Investment Promotions Centre invites you to join us in Accra, Ghana for the 2019 Accra SDGs Investment Fair. -
Government’s Issuance Calendar for November to December, 2019
- Nov 21 2019
As part of Government’s effort to improve market transparency in the issuance of Government securities, we forward the attached issuance calendar for publication. -
Statement to Parliament: Volta Region Roads included in the 2020 Budget
- Nov 15 2019
My checks confirmed the inadvertent omission of Volta Region. All the Regional Ministers were requested to submit a list of critical roads which required immediate attention. At the instance of the Volta Regional Minister, three (3) road projects in the Volta Region were prioritized in the list of critical road projects for 2020. -
2020 Budget Statement and Economic Policy
- Nov 13 2019
Mr. Speaker, on the authority of His Excellency the President, and in keeping with the requirement of Article 179 of the 1992 Constitution of the Republic of Ghana, and Section 21(3) of the PFM Act 2016 (ACT 921), may I respectfully present the Budget Statement and Economic Policies of Government for 2020 to this Honourable House. -
Minister for Finance to present 2020 Annual Budget to Parliament
- Nov 12 2019
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 2020 Budget Statement and Economic Policy of Government on Wednesday, 13th November, 2019. -
Ministry of Finance Engages Social Partners on the 2020 Budget
- Nov 06 2019
Hon. Ken Ofori-Atta has welcomed a number of inputs from the Organized Labour for consideration into the 2020 budget presentation. -
Switzerland supports Ghana’s District Assemblies with 18 Million Swiss Francs
- Nov 01 2019
The Government of Ghana, represented by the Minister for Finance has signed an 18 million Swiss Francs grant facility with the Government of Switzerland to support Ghana’s efforts to fight poverty and decentralization. -
Hon Ken Ofori-Atta tells CITI’s Bernard Avle: “He’s upbeat about Ghana’s future, the Energy Sector reforms are on Course and the PDS Saga over”
- Oct 31 2019
In a wide-ranging interview on CITI News last night, the first granted by the Finance Minister since the decision of the Government of Ghana to terminate the PDS concession, Hon. Ofori-Atta told Mr. Avle that Government is methodically addressing the challenges in Ghana’s energy sector, inherited from the “Dumsor” era. -
Government Signs Agreement with Banks to Collect Internally Generated Funds (IGF)
- Oct 30 2019
Government has signed an agreement with approved commercial banks to collect internally generated funds on behalf government ministries, departments and agencies as well as Metropolitan, Municipal and District Assemblies (MMDAs) and Government Hospitals. -
Over 2 Million Children to Benefit from Improved Quality Education in Ghana
- Oct 30 2019
The World Bank Board of Directors approved today $150 million in financing to support the Government of Ghana to improve the quality of education for over two million children in low performing basic education schools, and to strengthen Ghana’s education system. -
Minister for Finance Inaugurates Energy Sector Recovery Programme Steering Committee
- Oct 29 2019
Ken Ofori-Atta, Minister for Finance, on Monday inaugurated a government-led Energy Sector Recovery Programme Steering Committee, comprising of members across various sectors and ministries. -
Ken Ofori Atta is the new Chair of the G-24 Ministers and Governors Committee
- Oct 22 2019
Ken Ofori Atta, Ghana’s Finance Minister is now the new Chair of the G-24 Group of the IMF and the World Bank. He was previously the 1st vice-Chair and he took over from Julio Velarde, Governor of the Central Bank of Peru. -
Take action to diffuse Global Tension and Trade Protectionism – Ken Ofori Atta to IMF and World Bank
- Oct 22 2019
Ken Ofori Atta, Minister for Finance has called on the Breton Woods institutions to take measures to diffuse uncertainties associated with the current world geopolitical tensions and trade protectionism to protect gains in economic reforms across Sub-Sahara Africa and ensure the African Continental Free Trade Area (AfCTA) is successful.
Ministry of Finance
Finance Drive, Accra.
P. O. Box M40, Accra - Ghana
GA-144-2024
+233 302-747-197 info@mofep.gov.gh
Follow Us
About MoF
Quick Links
© 2020 Ministry of Finance | Ghana. #PEER | Professional | Ethical | Efficient | Responsive | Transforming Ghana Beyond Aid