Ghana Minute.
Thursday, 30 July 2026
Ghana’s news, on the hour · Est. 2026
Thursday, 30 July 2026
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Ghanaian press · Organization

Ministry of Finance

Also known as: Legal Division of the Ministry of Finance

Government financial management ministry; completed US$3 billion IMF bailout programme and addresses budget execution and revenue challenges.

2026-04-242026-07-30

In coverage

Verbatim sentences from the source article.

  1. July 2026
  2. Joy Online

    He further revealed that the Ministry of Finance has released funds from the contingency fund to finance additional flood mitigation measures.

    We may not eliminate flooding completely, but we can minimise its impact – Mahama
  3. Joy Online

    The Minority had earlier raised concerns over the Ministry of Finance’s announcement that the funds had been released despite an unresolved court process involving the Contingency Fund, which Parliament had initially approved as the source of the money.

    Minority questions legality of GH¢350m flood funds, wants Finance and Justice Ministers before Parliament
  4. Joy Online

    In May 2026, the World Bank downgraded implementation of the $350 million project to “Moderately Unsatisfactory“, arguing that fiscal controls introduced by the Ministry of Finance significantly slowed implementation by delaying contractor payments and restricting access to proje

    GARID expenditure records raise questions over project spending as Finance Ministry defends fiscal controls
  5. The Ghanaian Times

    Yet the Ministry of Finance subsequently announced that the GH¢350 million had been released,” she stated.

    Minority demands Attorney General’s resignation over GH¢350 million flood relief release
  6. Joy Online

    emained under attachment and could not lawfully be accessed, then the emergency disbursement could only have proceeded through another public account.” The Minority says the government’s explanation of the disbursement leaves major gaps, especially because the Ministry of Finance

    Minority demands Ayine’s removal over alleged breach in GH¢350m flood fund disbursement
  7. Joy Online

    She said the Ministry of Finance’s announcement that the funds had been released, despite the unresolved court process, raised questions about the actual source of the money and the procedure followed.

    Minority questions source of GH¢350m flood relief funds, raises financial approval concerns
  8. Joy Online

    We will try as much as we can to be of any assistance and remain committed to the community.’ Meanwhile, the Ministry of Finance has released GH¢350 million from the Contingency Fund to support emergency relief operations and flood mitigation measures following the disaster.

    Softcare FM Manufacturing Limited donates relief items, GH¢200,000 to support flood victims
  9. GRA interdicts four officers over attempted cargo diversion

    1. The Ghanaian Times

      Addressing a media briefing in Accra yesterday, the Commissioner-General of the GRA, Mr Anthony Kwasi Sarpong, said the decision to allocate the confiscated goods to the School Feeding Programme was taken on the directive of the Ministry of Finance.

      GRA donates seized cooking oil to School Feeding Programme • Interdicts 4 officers
    2. Joy Online

      Mr Sarpong noted that, following a directive from the Ministry of Finance, the seized consignment has been allocated to the National School Feeding Programme.

      GRA interdicts four officers over attempted diversion of transit cargo
  10. Joy Online

    According to Barimah, the project has experienced funding challenges after the Ministry of Finance allegedly restricted disbursements, resulting in unpaid contractors and a downgrade in the project’s implementation rating by the World Bank.

    Former Dormaa East MP calls for greater investment in flood prevention infrastructure
Society

Government plans phased nurse recruitment through 2026

The News

Ghana's Health Minister confirmed a phased recruitment plan for nurses, midwives, and health professionals; the 2021 batch is already reporting to duty stations, the 2022 batch will be recruited before end of 2026, and 16,000 health professionals are being recruited this year to address staffing gaps.

18 hours ago · Joy Online

Yesterday

  1. Government plans phased nurse recruitment through 2026

    Ghana's Health Minister confirmed a phased recruitment plan for nurses, midwives, and health professionals; the 2021 batch is already reporting to duty stations, the 2022 batch will be recruited before end of 2026, and 16,000 health professionals are being recruited this year to address staffing gaps.

    18 hours ago · Joy Online

  2. CPS urges government to intensify domestic revenue mobilisation

    The Centre for Policy Scrutiny has called on government to boost domestic revenue collection through measures including mandatory Tax Identification Numbers for public services, VAT compliance reforms, and AI-driven customs revenue systems, while improving budget execution and fiscal transparency.

    29 July 2026 · Daily Guide

  3. Ghana's fiscal consolidation leaves GH¢30.7bn in critical spending unfulfilled

    The Centre for Policy Scrutiny reports that Ghana's government has left GH¢30.7 billion in critical public spending unfulfilled over the past 18 months while pursuing fiscal consolidation, as lower-than-budgeted expenditure achieved deficit reduction but prevented many government agencies from completing planned capital projects.

    29 July 2026 · The Chronicle

Tuesday 28 July

  1. Ghana completes $3 billion IMF bailout, receives final $371 million

    The IMF has approved the final review of Ghana's three-year Extended Credit Facility programme, unlocking a final disbursement of $371 million and bringing total receipts to $3 billion. Ghana will now transition to a 36-month Policy Coordination Instrument with the IMF to support ongoing economic reforms without providing new financing.

    28 July 2026 · The Ghanaian Times

  2. Over 40,000 applied for 7,000 teaching vacancies in 24 hours

    Education Minister Haruna Iddrisu disclosed that more than 40,000 people applied for 7,000 teaching vacancies within 24 hours, citing budget constraints and competing public sector needs. The government plans to recruit an additional 16,000 teachers across 2027 in two phases of 8,000 each as part of a phased recruitment exercise.

    28 July 2026 · The Ghanaian Times

  3. BoG pursues balanced regulation to enable innovation safely

    The Bank of Ghana says its regulatory framework aims to foster innovation while protecting consumers and maintaining financial system stability. According to the Head of the DEMI & PSP Office, regulation should complement innovation and safeguard vulnerable users of digital financial services.

    28 July 2026 · Joy Online

  4. IMF approves final review, ends Ghana's US$3bn bailout

    The IMF Executive Board has approved the final review of Ghana's three-year US$3 billion Extended Credit Facility programme, unlocking a final disbursement of approximately US$371 million and bringing total disbursements to the full US$3 billion. The Ministry of Finance described the completion as a major milestone in Ghana's economic recovery, reflecting progress in restoring macroeconomic stability through fiscal discipline and structural reforms.

    28 July 2026 · The Chronicle

  5. Gold earnings mask petroleum decline and governance risks—NRGI

    The Natural Resource Governance Institute has warned that Ghana's strong gold exports and improved fiscal position mask structural weaknesses in the petroleum sector and governance gaps that require urgent reform. Ghana's oil production is projected to decline to 37.95 million barrels in 2026 from 46.35 million in 2025 due to maturing fields and reserve depletion.

    28 July 2026 · The Chronicle

Friday 24 July

  1. Minority questions finance minister's blocked flood relief fund claim

    The Ranking Member on Parliament's Works and Housing Committee has questioned the Finance Minister's explanation that a court order freezing Ghana's constitutional contingency fund hindered the government's response to flooding, calling the claim surprising and inconsistent with earlier assurances given to Parliament. The minister expressed concern about coordination within government, questioning how Cabinet could have approved emergency flood response measures without being aware the contingency fund was inaccessible.

    24 July 2026 · Joy Online

  2. Sports Minister Acknowledges Outstanding Bonuses for National Teams

    Sports Minister Kofi Adams confirmed that Ghana's Black Queens, Black Princesses, Black Satellites, and Black Maidens are owed outstanding winning and qualification bonuses, while the Black Stars have had their 2023–2025 qualifying bonuses cleared ahead of the 2026 FIFA World Cup. The government is working to settle the arrears, with delays partly attributed to new Sports Act provisions requiring percentage deductions for a national sports development fund.

    24 July 2026 · Daily Guide

  3. Finance Minister says Big Push contractors not owed

    Finance Minister Dr Cassiel Ato Forson insists the government does not owe contractors under the Big Push infrastructure programme, despite only spending GH¢6.5 billion of the GH¢30 billion annual allocation. He explained that payments are made only after contractors complete work and submit certificates that are verified by relevant authorities.

    24 July 2026 · Joy Online

  4. GoldBod CEO rejects MP claims linking institution to BoG losses

    Ghana Gold Board CEO Sammy Gyamfi has rejected claims by Atiwa East MP Abena Osei-Asare linking GoldBod's operations to losses recorded by the Bank of Ghana, insisting the central bank's Domestic Gold Purchase Programme is separate from GoldBod's activities. Osei-Asare had questioned public funds committed to GoldBod during the 2026 Mid-Year Budget Review discussion, stating the government spent about US$1.2 billion on the institution in a year.

    24 July 2026 · Joy Online

  5. Ghana Gold Board CEO defends US$279m budget allocation

    Sammy Gyamfi, CEO of the Ghana Gold Board, has defended the release of US$279 million to the institution, saying the funds were approved as part of the 2025 Budget by Parliament and were intended as revolving seed capital for trading operations. He rejected criticism from the Public Accounts Committee Chairperson, arguing the allocation was lawful and the Finance Ministry was obliged to release the funds.

    24 July 2026 · Joy Online

  6. Finance Minister denies rift with Agriculture Ministry over funds

    Finance Minister Dr Cassiel Ato Forson said recent differences between the Ministry of Finance and the Ministry of Food and Agriculture over fund releases for agricultural programmes have been resolved and were merely a misunderstanding.

    24 July 2026 · Joy Online

  7. Finance minister explains budget releases versus actual payments discrepancy

    Finance Minister Dr Cassiel Ato Forson dismissed suggestions of disagreement between the Ministry of Finance and Ministry of Food and Agriculture over allocations, describing differing figures as a misunderstanding between budget releases (GH¢1.677 billion) and actual cash payments (GH¢910 million) during the first half of 2026.

    24 July 2026 · Joy Online

Thursday 23 July

  1. Women's Development Bank set to launch before end of 2026

    Finance Minister Dr Cassiel Ato Forson announced that the Women's Development Bank, formally incorporated as WDB GH LTD on 26 January 2026, is expected to commence full operations before the end of 2026. The government has applied to the Bank of Ghana for a banking licence and deposited GH¢400 million as the bank's initial capital to satisfy licensing requirements.

    23 July 2026 · Joy Online

  2. Finance Minister credits reforms for Ghana's economic recovery gains

    Finance Minister Dr. Cassiel Ato Forson attributed Ghana's improving macroeconomic performance to fiscal, tax and monetary reforms, including tighter expenditure controls, modernised tax administration, and policies supporting inflation targeting and exchange-rate stability. He said the reforms have produced stronger revenue mobilisation, improved foreign exchange reserves, and the fastest economic growth since 2019, while blaming state-owned enterprises for historically adding about 3% of GDP annually to public debt.

    23 July 2026 · The Chronicle

  3. Gold Board generated $15 billion forex inflows, Finance Minister says

    Finance Minister Dr Cassiel Ato Forson says the Ghana Gold Board generated an additional $15 billion in foreign exchange inflows to strengthen Ghana's reserves and support exchange rate stability. He told Parliament the policy improved Ghana's current account balance from a surplus of 1.9% in 2024 to 8.3% in 2025.

    23 July 2026 · Joy Online

  4. Kumasi Mayor denies Mahama promised Kejetia Phase 2 completion by end-2026

    The Kumasi Metropolitan Assembly Chief Executive has denied that President Mahama pledged to complete Phase Two of the Kejetia Market Redevelopment Project by the end of 2026, saying he was present during the President's inspection and "nothing like that came out of his mouth." The Mayor attributed project delays to funding challenges, stating the previous administration secured £280 million but failed to honor contractor payments.

    23 July 2026 · Joy Online

  5. 2026 mid-year budget to update Parliament on infrastructure

    Ghana's Technical Advisor at the Ministry of Finance says the 2026 mid-year budget review will provide Parliament with updates on major infrastructure projects and outline measures to improve value for money in public spending, while also focusing on reforms to strengthen monitoring and accountability in public funds.

    23 July 2026 · Joy Online

  6. 2026 Mid-Year Budget review focuses on fiscal performance, no new taxes

    Ghana's Ministry of Finance technical advisor Dr Theophilius Acheampong says the 2026 Mid-Year Budget Review will assess government fiscal performance, expenditure, borrowing and policy initiatives without introducing new taxes, as the government believes Ghana's fiscal challenge is primarily an expenditure management issue rather than a revenue problem.

    23 July 2026 · Joy Online

  7. Prof. Quartey urges focus on revenue growth in mid-year budget

    Former ISSER director Professor Peter Quartey has called on the Finance Minister to use the 2026 Mid-Year Budget Review to outline measures for improving domestic revenue mobilisation after weaker-than-expected tax collections in the first quarter. While acknowledging Ghana's recent macroeconomic stability in inflation, exchange rates and fiscal performance, Quartey cautioned that stabilisation alone is insufficient and the economy must move toward stronger revenue generation and addressing unemployment.

    23 July 2026 · Joy Online

  8. PIAC urges direct MMDA involvement in oil-funded projects

    The Public Interest and Accountability Committee has called on government to directly involve Metropolitan, Municipal and District Assemblies in oil and petroleum-funded projects in their jurisdictions to ensure proper supervision, value for money, and holistic development. PIAC conducts inspection visits to districts to oversee management of petroleum revenues distributed through the Annual Budget Funding Amount.

    23 July 2026 · The Chronicle

Wednesday 22 July

  1. NPP official questions government's job creation and spending claims

    Kojo Oppong Nkrumah, Chairman of the NPP Policy Co-ordination Committee, has questioned the credibility of government announcements on job creation and public spending, arguing that employment figures under the 24-Hour Economy policy are based on newly signed Memoranda of Understanding rather than operational projects, and that there is a gap between announced and actually disbursed funds.

    22 July 2026 · Joy Online

  2. Minister urges local assemblies to lead climate action in Upper West

    The Minister of State for Climate Change and Sustainability has warned that erratic rainfall, prolonged dry spells, and failing crops in the Upper West Region threaten livelihoods and human survival, urging Metropolitan, Municipal and District Assemblies to take the lead in climate adaptation and mitigation projects. The Upper West Regional Minister challenged district leaders to integrate climate action into their development plans and budgets as an economic and governance emergency.

    22 July 2026 · Joy Online

  3. Finance Ministry should fund Ghana Gold Board after central bank exit

    An economist says the Ministry of Finance should take over funding of the Ghana Gold Board following the Bank of Ghana's decision to stop providing financial support since July 1. He warned that without alternative financing arrangements, the gold trading body could face operational challenges.

    22 July 2026 · Joy Online

  4. MP questions government borrowing nine weeks after IMF exit

    Kojo Oppong Nkrumah, Ranking Member on Parliament's Economy and Development Committee, has questioned the government's fiscal strategy, noting that barely nine weeks after Ghana exited the IMF Extended Credit Facility programme, Parliament is being asked to approve almost $1 billion in fresh loans. He argues this raises concerns about domestic revenue mobilisation and the country's long-term debt sustainability.

    22 July 2026 · Joy Online

Tuesday 21 July

  1. Tourism Ministry receives former Finance Annex Building in Accra

    The Ministry of Tourism, Culture and Creative Arts has taken over the former Ministry of Finance Annex Building in Accra, which comprises 97 offices, three conference rooms, furniture and equipment. The handover is intended to strengthen the Tourism Ministry's institutional capacity and improve service delivery.

    21 July 2026 · Joy Online

Monday 20 July

  1. Ghana's oil subsidiary faces revenue accountability questions over Jubilee stake

    GNPC Explorco acquired a 7% stake in Ghana's Jubilee and TEN oil fields through Occidental Petroleum's 2019 divestment following its US$55 billion acquisition of Anadarko. A legal disagreement persists over whether revenues from the asset should be paid into the Petroleum Holding Fund.

    20 July 2026 · Joy Online

  2. Tourism ministry positions Volta Region as major eco-tourism hub

    Ghana's Tourism, Culture and Creative Arts Minister has reaffirmed the government's commitment to developing the Volta Region as a leading tourism destination through cultural promotion, eco-tourism development, and private sector investment, with plans to improve road access to tourist attractions through infrastructure projects.

    20 July 2026 · Joy Online

Ministry of Finance — Ghanaian press coverage · Ghana Minute