Parliamentary body overseeing fiscal matters and government spending, with members commenting on revenue shortfalls, levy collection, and central bank operations.
Verbatim sentences from the source article.
Joy Online
… A member of the Finance Committee, Atta Issah, in a press briefing in Parliament on Thursday, defended the central bank’s position, emphasising that its mandate is not profit-driven. …
Bank of Ghana expected to post GH¢15.6bn loss for 2025 financial yearGideon Boako, Deputy Ranking Member on Parliament's Finance Committee, cautioned Ghanaians against giving any political party an overwhelming majority in Parliament, arguing that such dominance weakens democratic accountability and makes it difficult for the Minority's concerns to influence policy decisions, particularly on tax-related legislation.
23 hours ago · Joy Online →
Gideon Boako, Deputy Ranking Member on Parliament's Finance Committee, cautioned Ghanaians against giving any political party an overwhelming majority in Parliament, arguing that such dominance weakens democratic accountability and makes it difficult for the Minority's concerns to influence policy decisions, particularly on tax-related legislation.
23 hours ago · Joy Online →
Deputy Ranking Member Dr Gideon Boako accused the government of failing to use proceeds from the GH¢1 per litre Energy Sector Recovery Levy to settle energy sector debts as intended, citing World Bank findings that the levy was collected but not applied to debt repayment.
23 hours ago · Joy Online →
Dr Gideon Boako, Deputy Ranking Member on Parliament's Finance Committee, has criticised the government's decision to extend the Energy Sector Recovery Levy to fuel oil, arguing that authorities should prioritise tackling smuggling and non-compliance instead of imposing additional taxes. He noted that the World Bank indicated the government failed to use previous levy proceeds to settle energy sector debts as intended.
1 August 2026 · Joy Online →
Dr Gideon Boako, Deputy Ranking Member on Parliament's Finance Committee, says weak revenue performance forced government to reduce expenditure by 29% in the first quarter of 2026, when revenue fell short by 4.5%, and urges improved revenue mobilisation to fund development without additional borrowing.
21 July 2026 · Joy Online →
Dr. Gideon Boako, a new MP for Tano North Constituency, has completed one year in Parliament, characterized by parliamentary contributions and development projects including dormitory blocks at Bomaa Senior High School, boreholes in over 45 communities, security service recruitment of 60-plus young people, and direct educational support for 127 students.
18 July 2026 · Joy Online →
The Minority Leader has criticized the government's response to recent devastating floods, calling for a national mourning period and a comprehensive sanitation policy rather than ad hoc measures. He noted that while lives have been lost, there has been no official national mourning or presidential address to console affected families.
16 July 2026 · Daily Guide →
Dr Gideon Boako, Member of Parliament for Tano North, has accused the Majority in Parliament of preventing the Bank of Ghana Governor from responding on camera to Minority questions about the Gold Purchase Programme's role in stabilising the cedi, claiming they sought to suppress the Governor's written acknowledgment of the programme's economic contribution.
15 July 2026 · Joy Online →
Ghana's Parliamentary Minority has called for the Attorney General's immediate resignation, alleging he unlawfully directed the Bank of Ghana to release GH¢350 million from the Contingency Fund despite pending garnishee proceedings against it. The Deputy Minority Leader said the AG's July 1, 2026 letter directing the fund's release to the National Emergency Flood Response Programme violated the Constitution and the rule of law by circumventing an active court process.
9 July 2026 · Daily Guide →
Ghana's Finance Ministry has credited GH¢350 million from the Contingency Fund to National Disaster Management Committee accounts following President Mahama's directive, with GH¢200 million allocated for urgent relief to flood victims and affected communities and GH¢150 million for flood mitigation measures.
2 July 2026 · Joy Online →
The Majority in Parliament said the Bank of Ghana's projected 2025 loss of about GH¢15.7 billion represents a peak, with Atta Issah citing structural changes—including lower inflation (3.2 percent), reduced policy rates (14 percent in March 2026), and reforms in gold procurement and fiscal coordination—as factors that will significantly reduce future financial pressures on the central bank.
30 April 2026 · Joy Online →
The Bank of Ghana is expected to report a net loss of GH¢15.6 billion for 2025, up from GH¢9.6 billion in 2024, marking the second-largest loss since 2008. A Finance Committee member defended the loss, stating the central bank's mandate is not profit-driven and the losses reflect broader economic stabilisation efforts.
30 April 2026 · Joy Online →