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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...

Import duties contribution to tax revenue drops by 5% in 22 years – Finance Ministry

The Ministry of Finance has revealed a significant decline in the contribution of import duties to Ghana's total tax revenue over the past two...

Petroleum sector generates $247.6m in revenue in Q2 2024 – Finance Ministry

Ghana recorded a total of $247,620,870.49 in petroleum receipts for the second quarter of 2024, according to the Petroleum Receipts and Distribution Report.The...

Finance Ministry to submit Q1 2025 Expenditure in Advance of Appropriation to Parliament on Nov 15

The Finance Ministry of Ghana has announced its intention to present the "Expenditure in Advance of Appropriation" for the first quarter of 2025 to...

Finance Ministry reacts to Trafigura over $134m judgement debt

Ministry of Finance has confirmed that it is making progress towards settling the $134 million judgement debt owed to oil conglomerate Trafigura.In a statement,...

Gold production generates meager 13.4% in direct taxes in over 10 years – Finance Ministry

The Medium-Term Revenue Strategy 2024-2027 report by the Ministry of Finance has revealed a significant shortfall in Ghana's tax collection from its gold mining...

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