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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...

Govt yet to settle GHC75bn arrears for about 10,000 road projects – Finance Ministry

The government, through the Ministry of Finance, is still grappling with the settlement of GH₵75 billion in arrears for approximately 10,000 ongoing road projects...

GRA, Finance Ministry dragged to court over tax waivers for 42 companies

Ghana Revenue Authority (GRA) and the Finance Ministry are facing legal action over their plan to grant tax waivers to 42 companies as part...

Approximately 19% of Ghanaian taxpayers honor their obligations – Finance Ministry

Out of approximately 7.9 million registered taxpayers in Ghana, only about 1.5 million are actively paying taxes, according to Deputy Minister of Finance, Dr....

GHS20m released by gov’t to offset student loans

The Ministry of Finance has announced the release of GHS20 million to support students in both private and public tertiary institutions across the country....

Locked-up investment holders picketing at Finance Ministry slated for today

Locked-up Investment Holders’ Forum have declared that it will resume its picketing today, Wednesday, June 5, following the Finance Ministry's failure to meet its...

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