Also known as: Dr Amin Adam · Amin Adam · former Finance Minister · Dr Mohammed Amin Adam · the former Finance Minister · the Karaga lawmaker · Dr. Mohammed Amin Adam · Dr. Amin Adam · the Member of Parliament
Mohammed Amin Adam — MP for Karaga, former Finance Minister, Parliament's Finance Committee Ranking Member scrutinizing Bank of Ghana finances.
As Parliament's Finance Committee Ranking Member, Dr. Mohammed Amin Adam has escalated scrutiny of the Bank of Ghana's 2025 financial results, flagging a widened negative equity position and losses of GH₵15.63 billion, and petitioning the IMF to demand transparent recapitalisation plans and clearer disclosure of gold-related transactions. He has alleged that the reported loss masks deeper financial challenges, contending the deficit would have exceeded GH₵25 billion without gains from gold sales recognised in the profit and loss account.
The New Patriotic Party has appointed Dr Mohammed Amin Adam, MP for Karaga and former Finance Minister, as co-chair of the party's Finance and Economy Committee, alongside Dr Steve Opata. The committee will shape the party's economic policy and communicate its position on national financial matters.
2 hours ago · Joy Online →
The New Patriotic Party has appointed Dr Mohammed Amin Adam, MP for Karaga and former Finance Minister, as co-chair of the party's Finance and Economy Committee, alongside Dr Steve Opata. The committee will shape the party's economic policy and communicate its position on national financial matters.
2 hours ago · Joy Online →
Former Information Minister Kojo Oppong Nkrumah has been named Chairman of the Policy Committee of the opposition NPP as part of the party's restructuring following the 2024 general elections. The appointment was announced by party General Secretary Justin Kodua Frimpong after a National Executive Committee and National Council meeting on May 7, 2026.
10 hours ago · Joy Online →
Mohammed Amin Adam, MP for Karaga and former Finance Minister, has commissioned a 12-unit classroom block at Northern School of Business, where he studied. He described the project as part of his commitment to supporting education and improving learning infrastructure in northern Ghana.
17 hours ago · Joy Online →
MP Dr. Mohammed Amin Adam has flagged concerns about the Bank of Ghana's 2025 financial statements, particularly the widened negative equity (from GH¢61.32 billion to GH¢96.28 billion) and increased losses (from GH¢9.49 billion to GH¢15.63 billion), warning that these trends have implications for Ghana's fiscal outlook and post-programme economic management.
6 May 2026 · The Chronicle →
The Effia MP and Finance Committee member Isaac Boamah-Nyarko has stressed that rigorous Minority scrutiny of the Bank of Ghana's GH₵15.6 billion loss is essential to safeguarding Ghana's economic stability. He argued that the Minority's constitutional oversight role in reviewing government policies and economic data helps prevent a return to past fiscal difficulties, and that responsive governments should address concerns raised by parliamentary critics.
5 May 2026 · Joy Online →
MP Kofi Benteh Afful has defended the Bank of Ghana's operations, arguing that critics describing the central bank's recent loss as a sign of economic doom misunderstand its role. He stated that a central bank cannot be assessed like a commercial bank, as its mandate is to ensure macroeconomic stability through managing inflation, exchange rates, and reserves rather than generate profit.
5 May 2026 · Joy Online →
Dr Mohammed Amin Adam, Parliament's Finance Committee Ranking Member, has called on the IMF to require transparent central bank recapitalisation plans, include BoG recapitalisation in fiscal-risk analysis, and demand clearer disclosure of the Bank of Ghana's gold-related transactions, citing concerns about transparency and volatility.
5 May 2026 · Joy Online →
Dr Mohammed Amin Adam, Ranking Member on Parliament's Finance Committee, has petitioned the IMF warning of material implications for Ghana's macroeconomic stability arising from the Bank of Ghana's 2025 audited financial statements. He cited a worsening negative equity position at the central bank (rising from GH¢58.62 billion in 2024 to GH¢93.82 billion in 2025) and increased losses of GH¢15.63 billion in 2025 compared with GH¢9.49 billion in 2024, cautioning that these could have spillover effects on government finances and debt sustainability.
5 May 2026 · Joy Online →
Mohammed Amin Adam claims the Bank of Ghana's reported net loss of GHS15.6 billion in 2025 would have exceeded GHS25 billion without gains from selling about 18 tonnes of gold reserves, which generated a net gain of GHS9.57 billion and were recognised as realised income rather than equity adjustments.
1 May 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam has raised concerns about the Bank of Ghana's financial reporting, arguing that the central bank's reported GHS15.6 billion net loss for 2025 is understated because gold sales of about 18 tonnes generated GHS40.3 billion in proceeds and a net gain of GHS9.57 billion, which was recognised in the profit and loss account and reduced the headline loss. Dr Amin Adam contended that without this accounting treatment, the deficit could have exceeded GHS25 billion, and highlighted sterilisation expenses of GHS16.73 billion as evidence of deeper structural inefficiencies.
1 May 2026 · Joy Online →