News & Events

On 5th August 2022, Standard and Poor’s ("S&P") Global Ratings downgraded Ghana’s foreign and local currency credit ratings from 'B-/B' To 'CCC+/C' with a negative outlook. According to S&P, the downgrade is due to intensifying financing and external pressures on the economy.

Right Honourable Speaker, Honourable Members of Parliament, I stand before you on the authority of His Excellency, President Nana Addo Dankwa AkufoAddo to present the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2022 Financial Year

The consolidated Annual Report presents the Budget Implementation performance of all MDAs’ for the 2021 fiscal year. It is a consolidation of all the 2021 Annual Budget Performance Reports submitted by MDAs’ in accordance with Section 27(1-4) of the Public Financial Management Act, 2016 (Act 921). The report assesses the implementation of the 2021 “Wɔn Ya Wɔ Hiɛ” Budget under the theme “Economic Revitalisation through Completion, Consolidation, and Continuity”.

The Government has signed a strategic framework document with the State of Kuwait to support the country’s implementation of key initiatives under the COVID-19 Alleviation and Revitalization of Enterprises Support (Ghana CARES) programme.

A delegation from the International Monetary Fund (IMF or the Fund), on Wednesday 13th July, 2022, concluded a one-week working visit to Accra. During the visit, the IMF delegation held high level meetings with stakeholders and ...

As part of efforts to address the high youth unemployment rate in Ghana, Government announced an ambitious entrepreneurial programme in the 2022 budget known as YouStart, with the objective of building an entrepreneurial nation and creating at least 1 million jobs for the youth in the next 3 years (2022 – 2025).