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Total crude oil production in 2024 stood at 48.24 million barrels – Finance Ministry reports

Ghana's total crude oil production in 2024 stood at 48.24 million barrels, according to the Finance Ministry's 2025 Budget Statement and Economic Policy.  The Greater...

Ghana to finalize bilateral agreements on $5.1bn debt restructure in June – Finance Ministry

Ghana is set to conclude bilateral agreements for the restructuring of its $5.1 billion official bilateral debt by June, a goal that Finance Minister...

A review of Ghana’s value-added tax (VAT) system

Ghana’s Ministry of Finance has published a major new report—A review of Ghana’s value-added tax (VAT) system. This report, jointly produced with researchers from...

We must prioritise the needs of Ghanaians – Ato Forson tells Finance Ministry staff

Dr Cassiel Ato Forson, Ghana's newly appointed Minister of Finance, has urged his team at the Ministry to place the needs of Ghanaians at...

Ghana on track to exceed IMF’s GDP growth projection of 4% for 2024 – Finance Ministry

The Ministry of Finance has stated that Ghana is on course to surpass the International Monetary Fund's (IMF) 2024 GDP growth projection of 4%. The...

Finance ministry orders payment of a $30m debt to Sunon Asoglin

The Ministry of Finance has ordered the Controller and Accountant General's Department to pay $30 million owed to Sunon Asogli, an Independent Power Producer...

Finance Ministry, 9 other institutions identified as fiscally irresponsible in Ghana – Report

A collaborative report from IMANI-Africa and Oxfam Ghana has indicated that Ghana incurred a loss of roughly GH¢4.9 billion due to financial misconduct between...

Ministry Finance named again as the most fiscally irresponsible public institution in Ghana – Report

Ministry of Finance has once again been identified as the most fiscally irresponsible public institution in Ghana, spanning the years 2021 to 2023. This...

Gov’t records about 42% increase in revenue from Q1 to Q2 – Finance Ministry

The government recorded about 42% increase in total revenue from the first quarter (Q1) to the second quarter (Q2), according to data from the...

Michael Blackson drags Finance Ministry to court over his locked-up Eurobond investment

Well-known American comedian and actor of Ghanaian heritage, Michael Blackson, has announced his intention to pursue legal action against the Ministry of Finance due...

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