Finance
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Claims that Ato Forson is withholding funds from ministries are laughable – Deputy Finance Minister
The Deputy Minister of Finance, Thomas Nyarko Ampem, has dismissed claims that Finance Minister Cassiel Ato Forson is refusing to release funds to some government ministries, describing such assertions as “laughable.” According to him, the government has continued to release funds to ministries, departments and agencie...
2026 Budget is all bones with no meat – Amin Adam criticises government’s Mid-Year Review
Former Finance Minister Dr Mohammed Amin Adam has described the 2026 Budget as a document filled with “bones and no meat”, arguing that the government has failed to present policies and programmes that directly address the concerns of Ghanaians. Dr Amin Adam, who is the Member of Parliament for Karaga and Ranking Membe...
GCB Bank records GH¢3.2bn profit, sets industry benchmarks in 2025
GCB Bank PLC has reported a record-breaking financial performance for the 2025 financial year, becoming the first bank in Ghana to surpass the GH¢3 billion profit mark. The bank posted a profit before tax of GH¢3.2 billion, representing a 67.4 per cent year-on-year increase, alongside an operating income of GH¢6.3 bill...
Ghana’s economy remains resilient — Finance Minister
Ghana’s economy remains resilient despite recent global shocks, Finance Minister Dr. Cassiel Ato Forson has stated following a meeting with Anna Bjerde, Managing Director for Operations at the World Bank, at the IMF/World Bank Spring Meetings. According to the Minister, the country’s resilience is anchored on prudent p...
Prof Boadi: structural weaknesses, not macroeconomic indicators, behind Cedi slide
Prof Isaac Boadi, Executive Director of the Institute of Economic Research and Public Policy (IERPP), says Ghana’s persistent currency depreciation is driven by structural imbalances in foreign exchange supply and demand, even as several macroeconomic indicators show signs of recovery. His comments come after the local...
Agric Minister denies rift with Finance Ministry over GH¢1.6 billion release
The Minister of Food and Agriculture, Eric Opoku, has dismissed claims of a disagreement between the Ministry of Finance and the Ministry of Food and Agriculture (MoFA) over the release of funds for agricultural programmes in 2026, insisting that no dispute exists between the two institutions. The clarification comes a...
Nduom speaks after court orders restoration of GN Savings and Loans licence
The founder of GN Savings and Loans, Dr Papa Kwesi Nduom, has described the past seven years as an “unimaginable” ordeal following the revocation of the company’s licence by the Bank of Ghana. He made these remarks after the Court of Appeal ordered the licence restored. The three-member panel overturned an earlier High...
Nearly 1 in 3 working Ghanaians turning to gambling to manage financial pressure — Report
The latest Old Mutual Financial Wellness monitor has revealed that about 30 percent of working Ghanaians are turning to gambling and betting as a coping mechanism to cover daily expenses and debt obligations, even as income levels show signs of improvement. The report paints a mixed picture of cautious recovery and lin...
PAC calls for annual publication of government arrears after GH¢8.1bn in claims rejected
Parliament’s Public Accounts Committee (PAC) is urging the government to institutionalise the annual publication of all arrears, outstanding claims, and commitments as part of efforts to tighten fiscal discipline. The recommendation follows the Auditor-General’s rejection of GH¢8.1 billion in questionable payment claim...
Mahama’s new e-Visa rollout faces legal minefield over existing 10-year deal
A fresh controversy is brewing over National Democratic Congress Government planned rollout of a new electronic visa (E-Visa) system, with existing contractor TGN Digital Security Ghana Limited warning President John Dramani Mahama that proceeding with the initiative could expose the state to significant financial liab...
Ghana’s economic turnaround gains Global spotlight at IMF/World Bank Spring Meetings
Ghana’s economic recovery story has taken centre stage at the ongoing IMF/World Bank Spring Meetings, as Finance Minister Cassiel Ato Forson presented the country’s turnaround experience at the 13th African Fiscal Forum’s High-Level Roundtable. Addressing a session on “Macro-Fiscal Developments and Outlook in Sub-Sahar...
Prudential Bank strengthens strategic supplier partnerships at 2026 Supplier Conference
Prudential Bank Limited (PBL) has once again demonstrated its commitment to building stronger, more strategic supplier relationships following the successful hosting of its 2026 Supplier Conference under the theme “Partnering Our Suppliers to Deliver Excellent Customer Service.” The conference, now in its third edition...