The Auditor-General is expected to submit an interim audit report on outstanding contractor claims in the coming days, which will trigger the commencement of payments by government. This development was disclosed during a meeting between the Finance Minister Dr. Cassiel Ato Forson and Ecobank Group Chief Executive Office, Jeremy Awori.Continue Reading
In a significant endorsement of Ghana’s economic recovery efforts, global credit rating agency S&P Global Ratings has upgraded the country’s foreign-currency sovereign credit rating from Selective Default (SD) to CCC+, reflecting renewed investor confidence and the positive momentum in economic management under the leadership of Finance Minister Dr. Cassiel AtoContinue Reading
Minister for Finance, Dr. Cassiel Ato Forson, has stated that no payments will be made to government contractors until a comprehensive audit of outstanding arrears is completed by the Auditor-General. Speaking at a high-level meeting with Chief Directors from the various Ministries, Departments, and Agencies (MDAs), he stated that, “IContinue Reading
Finance Minister Dr Cassiel Ato Forson has announced that no government contract will be approved without prior commencement authorisation from the Ministry of Finance, effective April 3, 2025. The directive was delivered at a recent meeting with Chief Directors and senior officials from various Ministries, Departments, and Agencies (MDAs), whereContinue Reading
The Finance Minister Dr. Cassiel Ato Forson is now expected to present the 2025 Budget to Parliament on March 11, 2025. This was after the initial date of March 10 proposed by the Ministry of Finance was changed because parliament does not sit on Mondays. Majority Leader, Mahama Ayariga, whoContinue Reading
Finance Minister, Dr. Cassiel Ato Forson, has tasked the leadership of the Controller and Accountant-General’s Department and the Ghana Revenue Authority (GRA) to work diligently to meet and exceed fiscal and revenue targets. During a meeting with these key agencies under his supervision, Dr. Forson stressed the need for fiscalContinue Reading
The new Mahama government could seek extra funding from the International Monetary Fund (IMF) during its current, three-year programme with the lender to cushion the economy. This was disclosed by the Finance Minister-designate, Dr Cassiel Ato Forson, on Thursday. President John Mahama, who was sworn into office this week after beating theContinue Reading
The Finance Minister Dr Mohammed Amin Adam, has finally presented the first quarter of the 2025 budget after weeks of delay which led to a government shutdown at the start of the New Year. The mini budget was stuck in the middle of a disagreement between the then minority NDCContinue Reading