Four years into the implementation of the Sustainable Development Goals (SDGs), a key global focus is still on identifying resources to fill the financing gap, making the mobilization of resources the lifeline for the attainment of the Global goals.
These annual reports show Government’s commitment to transparency and accountability in the management of public resources and will serve as valuable source of information for Parliament, Civil Society Organizations, Development Partners and the general public.
In exercise of the power conferred on the Minister responsible for Finance by section 101 of the Public Financial Management Act, 2016 (Act 921) and in consultation with the Public Procurement Authority, these Regulations are made this 12th day of March, 2019.
Minister of Finance, Ken Ofori-Atta, on Friday 28 June conditionally approved a multi-year funding commitment of GH¢1,560,551,812.33 for commencement of fourteen (14) road projects over the medium term.
At the end of 2018, total gross public debt came to GH¢173.1 billion (US$35.9 billion), representing 57.6 percent of GDP. Government’s total financial assets at year end summed up to GH¢2.3 billion (US$482.4 million), resulting in a total net public debt of GH¢170.7 billion (US$35.4 billion) for the year.
In line with ongoing reforms by Government at the Ghana Revenue Authority (GRA) to improve performance, consistent with the 2019 Budget (paragraph 288), there have been changes at the Top Management level of the institution.