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.
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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 -
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Ghana signs USD 70m to Loan Agreement
Ghana has signed two loan agreements worth over
USD 70 million to improve quality post graduate education
and build educational infrastructure in the country. -
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. -
Working Session for the Finalisation of the Draft Development Cooperation Policy
A workshop to finalize Ghana’s draft development cooperation policy has been
held in Accra. The policy provides guidelines and procedures for Ghana’s
engagement with her Development Partners to promote effective development cooperation. -
Switzerland supports Ghana’s District Assemblies with 18 Million Swiss Francs
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.
News Update
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Statement to Parliament: Volta Region Roads included in the 2020 Budget
- Nov 15 2019
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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. -
Tap Issue of 7-year Treasury Bond due April 2025
- Oct 21 2019
Tuesday October 22, 2019. Revised Pricing Guidance (released as necessary during the Book-build). Offer opens at 9:00AM Accra time. Wednesday October 23,2019. Thursday October 24, 2019. All bids to be received by 2:30PM Accra time There will be no revised pricing guidance released to the market. Monday October 28,2019. Settlement Date -
Increase IDA Funding to USD100b – Ken Ofori Atta to IMF and World Bank Development Committee
- Oct 21 2019
Ken Ofori Atta, Minister for Finance, has called on the Bretton Woods Institutions to increase their next round of funding (IDA19) to a USD 100 billion on to provide adequate funding to address current world economic challenges. -
Ghana signs USD 70m to loan agreement to establish Graduate Centres of Excellence and for the construction of 44 Primary Schools.
- Oct 21 2019
Ghana has signed two loan agreements worth over USD 70 million to improve quality post graduate education and build educational infrastructure in the country. -
Innovative and Targeted Finance urgently needed for Education Sector Globally
- Oct 17 2019
Ghana and officials of the Global Partnership for Education (GPE) met on the side-lines of the 2019 IMF World Bank Annual Meetings to discuss innovative ways to raise funding to urgently finance education. -
Ghana and the Philippines Pledge Closer Economic Cooperation
- Oct 14 2019
Last week, a Government of Ghana delegation, led by the Finance Minister, Hon. Ken Ofori-Atta and the Minister of Energy, Hon. John Peter Amewu, undertook consultations with the Government of the Philippines, with a view to deepening the over 60-year relationship between the two nations, extending as far back as 1957. -
Hon. Ken Ofori-Atta Leads Government Delegation to the 2019 IMF/World Bank Annual Meetings in Washington DC, USA
- Oct 14 2019
Hon Ken Ofori-Atta, Minister for Finance is leading Ghana’s delegation to the IMF/World Bank Annual Meetings to be held in Washington DC, from October 14th to 20th , 2019. -
Ministry of Finance Holds Breakfast Meeting with Financial Institutions
- Oct 09 2019
As part of the series of engagements with stakeholders to solicit views for consideration into the 2020 Annual budget, the Ministry of Finance held a breakfast meeting with a number of Financial Institutions. -
IMF Article IV Consultations with the Government of Ghana
- Oct 04 2019
An International Monetary Fund (IMF) Mission is visiting Ghana from Monday, 30th September - Friday 11th October, 2019, to engage in Article IV Consultations as part of the Fund's mandatory multilateral surveillance for all IMF-member countries. This will be the first Article IV Consultants since Ghana successfully concluded the 4-year IMF-supported Extended Credit Facility (ECP) Programme in April, 2019. -
Ken Ofori Atta calls for a new World Economic Order to achieve Sustainable Development Goals
- Sep 30 2019
Ken Ofori Atta, Minister for Finance has called for an overhaul of the global financing architectural framework, if Africa is to achieve the Sustainable Development Goals (SDGs). These include global financial arrangements which make producer countries ‘price takers’; conditions that promote illicit financial flows; conditionalities associated with capital acquisition and its high cost. -
Innovative Finance and Change in Pedagogy – Key to Achieving SDG 4
- Sep 27 2019
Ken Ofori Atta, Minister for Finance today said that as much as there was the need to accelerate innovative financing to assist developing countries achieve SDG on education, it was very crucial that the current pedagogy in some developing countries should be overhauled to equip the youth in those countries to properly engage the world in the near future. -
Finance Minister swears in Two new Board Members for GRA and accepts Retirement of Commissioner-General
- Sep 21 2019
Minister for Finance on Friday swore-in Professor Stephen Adei as the new Chair of the Board of the Ghana Revenue Authority (GRA), and Mr. Eugene Asante Ofosuhene as a Board Member. He also accepted the retirement notification of Mr Kofi Nti, the current Commissioner-General, effective October 1st 2019. -
Government Places a hold on Payment Instructions to IPPs and GSs
- Sep 21 2019
Government has recently announced at a meeting hosted by the Ministry of Finance, the Ministry of Energy, IPPs and GSs on 26th August, 2019, that it is forming a steering committee under the Energy Sector Recovery Task Force to engage with each IPP and GS to resolve the Take-or-Pay power contracts crippling the country’s energy sector. -
Ghana Secures Saudi Funds for Bolgatanga Regional Hospital
- Sep 06 2019
The Government of Ghana has secured a US$20m concessional funding for the construction of additional facilities, supply and installation of medical equipment to the adjunct clinical block at the Bolgatanga Regional hospital in the Upper East Region. -
Stakeholder Engagement on the 2020-2023 Budget
- Sep 04 2019
The Ministry of Finance has engaged a number of stakeholders to solicit their inputs into the 2020 budget statement and economic policy of government to be presented to Parliament in November 2019. -
Government’s Issuance Calendar for September to November, 2019
- Sep 04 2019
The calendar is developed based on the Net Domestic Financing provided in the 2019 Mid-Year Revised Budget, the domestic maturities and the Medium Term Debt Management Strategy (MTDS) for 2019-2022. -
Ken Ofori Atta Appeals to Faith Based Organizations
- Sep 04 2019
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. -
Government Debt Strategy and Issuance of Maiden 20 Year Bond and other Matters Relating to Bloomberg Reportage
- Aug 28 2019
The Ministry of Finance issued a debut 20-year domestic bond to investors with a settlement date of 26th August, 2019. -
Government of Ghana to commence Collaborative Consultation process with IPPS and Gas Producers
- Aug 26 2019
The Government of Ghana hosted Independent Power Producers and Gas Producers at a meeting with the Ministry of Finance and the Ministry of Energy. -
SIGA to Change Narrative of doing Business in Ghana-Prez Assures
- Aug 23 2019
Nana Addo Dankwa Akufo-Addo has given the firm indication that the State Interest and Governance Authority would solve a number of the bottlenecks and challenges in doing business in the country.
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P. O. Box M40, Accra - Ghana
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