The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […] The post $3bn
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
The Minister of Finance, Dr. Mohammed Amin Adam, has highlighted the inadequacy of the country’s generated revenue to meet its infrastructural demands. He underscored the necessity for the government to resort to borrowing from the international capital market to supplement its efforts in addressing the country’s infrastructure needs. Expressing concern about the revenue raised from […] The post We
The Minister of Finance Dr Mohammed Amin Adam has explained that Artificial intelligence (AI) is forecast to contribute up to US$15.7 trillion to the global economy by 2030, of which US$1.2 trillion could be generated in Africa, thereby making AI one of the biggest economic opportunities available to our Continent. He said that Ghanaian authorities intend […] The post AI:
The National Democratic Congress’ (NDC) parliamentary candidate for Damongo, Adam Mutawakilu, has attributed Ghana’s power challenges to a lack of generational capacity and liquidity lapses. The government is burdened with an over GH¢2.3 billion debt owed to Independent Power Producers in Ghana (IPPs), with regular power cuts that have had Ghanaians agitated. Speaking on The […] The post Dumsor:
Finance Minister Dr. Mohammed Amin Adam has expressed confidence in fostering a closer partnership with the International Monetary Fund (IMF) to bolster Ghana’s economic resilience and expedite sustainable and inclusive growth. According to Amin Adam, this collaboration with the IMF will pave the way for a more prosperous future for all Ghanaians. Dr. Adam’s remarks […] The post Collaborative
Finance Minister Mohammed Amin Adam has urged the Office of the District Assemblies Common Fund (DACF) to promptly transfer the allocated GH¢181,837,022.00 to the beneficiaries of the DACF-Responsiveness Factor Grant (RFG) for the District Performance Assessment Tool (DPAT) VI. He expressed concern that the ongoing delays in transferring the funds to the Metropolitan Municipal District […] The post Transfer
The Minister of Finance, Dr. Mohammed Amin Adam, has expressed deep sorrow over the sudden passing of the late Deputy Finance Minister and MP for Ejisu, Dr. John Ampontuah Kumah. At the age of 45, Dr. Kumah reportedly succumbed to a brief illness on Thursday, March 7, according to sources close to the family. In […] The post Your death has left a profound
By Buertey Francis BORYOR The Minister for Finance, Dr. Mohammed Amin Adam has reiterated the government’s commitment to the Eastern Region, particularly its first share of infrastructural development. “In this year’s budget we allocated about GH¢4 billion to the Ministry of Roads in order for us to be able to make payments to contractors so […] The post Gov’t
Bold to Defend, a non-governmental organization, has reached out to school children in Mepe in the Volta Region, presenting teaching and learning materials. The gesture was part of efforts to support victims of the Akosombo Dam spillage in 2023. The spillage resulted in the loss of properties and the displacement of many. Figures from the […] The post ‘Bold to Defend’
The Ghana Association of Sports Betting Operators (GHASBO) has supported five communities affected by the recent dam spillage in the Lower Volta region. In collaboration with its member operators, GHASBO organized a donation drive to provide much-needed relief items to those impacted by the environmental disaster. The donation drive, on February 20, 2024, saw GHASBO […] The post Sports
Reverend Father Ernest Obeng of Saint Paul’s Anglican Parish of Akuapem–Mampong, in the Akuapem North municipality of Estern region has attributed low esteem, lack of confidence and lack of sense of responsibility among many children in Ghana to violence. According to the Akuapem-Mampong Parish Priest, who doubles as the Chief Executive Officer (CEO) for Addo […] The post ‘Violence is a
The Asantene, Otumfuo Osei Tutu II, has urged the new Finance Minister, Mohammed Amin Adam, to address the current economic challenges facing the country. Expressing optimism in the Finance Minister’s ability to lead an economic turnaround, Otumfuo encouraged him to implement key strategies and measures for success. The Asantehene advised the Minister to build upon […] The post Tackle
Mr Michael Kwame Boadi, Fundraising Manager at Ghana Integrity Initiative (GII) has expressed fear that the integrity of the 2024 elections could be compromised if the monetisation of political campaign in the country is not checked. To him, monetisation of political campaigns in the country could deny the citizens free and fair elections. According to […] The post Monetisation
The Ghana Meteorological Agency (GMA) has once again absolved itself of blame for the Akosombo dam spillage disaster. Over 30,000 people were displaced after the Volta River Authority (VRA) spilled excess water from the Akosombo and Kpong dams in September 2023. Stakeholders questioned the data-sharing system between the GMA and VRA; however, the Director-General of […] The post We
Mohammed Amin Adam, the newly appointed Finance Minister, has urged the Ghana Revenue Authority (GRA) to work hard to achieve its financial targets for the fiscal year 2024. He stressed that the GRA should adhere to a sophisticated roadmap that balances a user-friendly approach with the uncompromised execution of its mandate. During a visit to […] The post Let’s
Former Finance Minister Seth Terkper has expressed scepticism about President Nana Addo Dankwa Akufo-Addo’s decision to replace Ken Ofori-Atta with Dr. Mohammed Amin Adam as Finance Minister. According to Mr. Terkper, the change comes at a critical time when the country is under an IMF programme, suggesting that it might be too late for Dr. […] The post Amin
The International Monetary Fund (IMF) has congratulated Dr. Mohammed Amin Adam following his appointment as Finance Minister. In a congratulatory message, Kristalina Georgieva, the Managing Director of the IMF, urged Dr Adam to spearhead efforts to restore stability to Ghana’s economy. Georgieva assured him of the Fund’s unwavering commitment to fostering constructive engagement and providing […] The post ‘You
Dr. Mohammed Amin Adam The newly appointed Finance Minister, Dr. Mohammed Amin Adam has assured the International Monetary Fund (IMF) and the business community that the Fund programme is Read More... The post ‘IMF Programme On Track’ appeared first on DailyGuide
The newly appointed Finance Minister, Dr. Mohammed Amin Adam, has outlined his vision and assured that he will stay true to the policies and programs of the government as Read More... The post New Finance Minister Outlines Vision appeared first on DailyGuide
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