Ghana has received the equivalent of US$1 billion from the International Monetary Fund (IMF), being its share of the new Special Drawing Rights (SDRs) allocation to boost the post-COVID economic recovery of member countries.
Agenda 111 600 million cedis Budget Allocation
Accra, 19th August, 2021 - The Ministry has noted with concern, speculations in the media, based on allegations by the Minority in Parliament that government had already spent GH¢636 million on the Agenda 1 1 1 even before the sod cutting of the project.
Government Presents 2021 Mid-Year Budget Statement to Parliament on 29th July 2021
ln accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921) the Minister for Finance is expected to present the Mid-year Review to Parliament not later than 31st July of each financial year. This year's presentation to Parliament will take place on Thursday 29th July, 2021.
Payment of Premium to Staff of the Civil and Local Government Services
The attention of government has been drawn to media publications and agitations within the public domain in respect of this Ministry’s letter dated 12th July, 2021 on the payment of fifteen percent (15%) interim premium to staff of the Civil and Local Government Services (CLOGSAG).
GOG and IFC to Hold Strategic Retreat to align Resources to Critical Areas under the Ghana CAREs Obaatanpa Programme
The Government of Ghana and the International Finance Corporation (IFC), a member of the World Bank Group will hold a two-day retreat to strategize on how to align IFC’s medium term strategy to the priority areas outlined in the Ghc 100 billion Obaatanpa Programme.
Press Release in Response to Social Media Article on Firms of Ofori-Atta, Adu Boahen Appointed Advisors to Finance Ministry
The attention of this Ministry has been drawn to an article circulating on social media headlined, ‘Firms of Ofori Atta, Adu Boahen appointed advisors to Finance Ministry’.
Launch and Presentation of the 2020 SDGs Budget Report
The Ministry of Finance on Thursday, 27th May, 2021 launched the third in a series of annual SDGs Budget Reports. The 2020 SDGs Budget Report is a continuation of Government efforts to evaluate and define the funding gap for the SDGs.
Ghana: IMF Staff Mission Concludes 2021 Article IV Discussions
Ghana has managed very effectively the COVID-19 outbreak in the country, and thus succeeded in protecting lives. Almost 93,000 cases have been confirmed, and unfortunately 780 people have died as of today. The launch of mass vaccine rollout has been a breakthrough.
Government has not Suspended Recruitment into State Security Agencies
The attention of the Ministry of Finance has been drawn to a letter circulating in the media space and purportedly signed by the Minister for Finance, which seeks to indicate that the President of the Republic has through the Ministry of Finance placed a hold on recruitment in the State Security Institutions.
Ghana has not been Down-Graded as a Low Income Country
We wish to state that Ghana continues to be categorised as a “Lower-Middle Income Economy” based on the widely-recognised classification of the World Bank and the UN.