By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
The Minister of Finance Dr Mohammed Amin Adam has said that a Preliminary assessment undertaken by the Ministry and the central bank shows that they are on course to meet most of the targets under the Programme with the International Monetary Fund (IMF). He said that the Finance Ministry is working with the Bank of […] The post 2nd review: We’re on course
Finance Minister Dr Mohammed Amin Adam has said that the government recognizes that significant steps must be taken to improve the business environment in Ghana. He noted that Ghana is still one of the best destinations on the continent for the private sector to thrive. Dr Amin Adam said this while inaugurating the Ghana Mutaul […] The post Ghana is still one
President Akufo-Addo has appointed Madam Julie Essiam as the new Commissioner-General of the Ghana Revenue Authority. She replaces Rev. Dr. Ammishaddai Owusu-Amoah. Until her appointment, Madam Julie Essiam was the Commissioner responsible for the Support Services Division of the GRA. Her appointment comes hours after President Akufo-Addo dissolved the Board of the GRA. Though no reason was given […] The post Julie
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 Assistant Commissioner of the Ghana Revenue Authority (GRA), Emelia Assam, has dismissed claims by flagbearer of the New Patriotic Party, Dr Mahamudu Bawumia that businesses are being unduly harassed for taxes. Dr. Bawumia, during a meeting with members of the Ghana National Chamber of Commerce and Industry on Wednesday, March 20, accused the GRA […] The post We don’t harass
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
Police in Tema are on the heels of a painter, Koffi Elom Sewonou, aka Francis Gomez, aka Hakeem Lion, who allegedly attempted to murder a retired officer of the Bureau of National Investigation (BNI) last month at Community 10. Information available to The Chronicle from both police and family sources reveal that the incident occurred […] The post Retired BNI officer escapes death by a hair’s
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 for Roads and Highways, Francis Asenso-Boakye, has called for the reintroduction of road tolls in a bid to mobilize adequate revenue to bridge the country’s road infrastructural deficit. The collection of road tolls was discontinued in 2021 as part of policy measures announced by the government in the preceding year’s budget statement. During […] The post Asenso-Boakye
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
The Minority in Parliament has issued a warning to the Minister for Roads and Highways, Francis Asenso-Boakye, regarding what they perceive as his continuous absence from parliamentary sessions where he is expected to address queries related to his ministry. According to the Caucus, the Minister has, on three separate occasions since his nomination to lead […] The post Minority
The Member of Parliament (MP) for Madina, Francis-Xavier Sosu, has staunchly defended his Parental Leave Bill Proposal, designed to address the gender gap by advocating for a parental leave period ranging from 7 days to 4 weeks for fathers to support their spouses after childbirth. Sosu highlighted the need for immediate parental leave for working […] The post Paternal leave
Francis-Xavier Sosu A new bill extending maternity leave from three to four months, introducing paternal leave for men, and providing for other ‘related matters’ in maternal health, such as the Read More... The post Parental Leave Bill Coming appeared first on DailyGuide
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
Arsenal travel away to Porto in first leg of knock-out affair Ending a seven-year exile from the Champions League knockout stages, Arsenal board the plane to Portugal for the first leg of their last-16 affair with Porto on Wednesday evening. With both Benfica and Braga forced to continue their continental campaigns in the Europa League owing to third-placed finishes in the […] The post Today’s
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