Also known as: Dr Amin Adam · former Finance Minister · Dr Mohammed Amin Adam · the former Finance Minister · the Karaga lawmaker · Dr. Mohammed Amin Adam · Dr. Amin Adam · Dr. Adam · Ken Ofori Atta
Mohammed Amin Adam — Former Finance Minister and Karaga MP, appointed NPP Finance Committee co-chair in 2026.
Verbatim sentences from the source article.
Joy Online
Former Finance Minister, Mohammed Amin Adam, has claimed that the financial position of the Bank of Ghana in 2025 was significantly weaker than officially reported, arguing that proceeds from gold sales were used to cushion the impact of heavy operational losses. …
Gold sales cushioned deeper BoG losses, Amin Adam allegesLawyer Kofi Bentil described former Chief Justice Sophia Akufo as one of Ghana's most principled judicial figures, arguing she demonstrated that political appointees can maintain independence and impartiality, noting her willingness to challenge government actions on principle despite being appointed by an NPP administration.
20 June 2026 · Joy Online →
Lawyer Kofi Bentil described former Chief Justice Sophia Akufo as one of Ghana's most principled judicial figures, arguing she demonstrated that political appointees can maintain independence and impartiality, noting her willingness to challenge government actions on principle despite being appointed by an NPP administration.
20 June 2026 · Joy Online →
The Member of Parliament for Karaga Constituency has announced that the best player, best goalkeeper, and top scorer from the Tuma Lana Community Games tournament will be sent to Dubai or Qatar for football trials to develop their careers.
8 June 2026 · Joy Online →
The Member of Parliament for Karaga has launched the Tumalana Community Games, a month-long football competition featuring 32 matches across three venues to identify young talent in the constituency. The winning team will face the champions of the neighbouring Tolon area's Soyalana Games.
7 June 2026 · Joy Online →
Former Finance Minister Dr Mohammed Amin Adam told Parliament that the government has fallen short of revenue mobilisation targets under the IMF-supported programme, bringing revenue to GDP to 13%, and has failed to reduce borrowing costs despite claims of macroeconomic stability and declining inflation.
2 June 2026 · Joy Online →
Dr Mohammed Amin Adam rejected the current Finance Minister's assertion that Ghana's IMF-supported programme derailed under the Akufo-Addo administration, citing the IMF's Fourth Review report which showed Ghana met all six performance criteria by end of 2024 and three of four indicative targets.
2 June 2026 · Joy Online →
Dr Mohammed Amin Adam told Parliament that the government's shift to an IMF Policy Coordination Instrument resulted from delays in implementing structural reforms. He noted that Ghana fell short on some structural benchmarks and said the arrangement reflects IMF concerns over reform implementation.
2 June 2026 · Joy Online →
Former Finance Minister Dr Mohammed Amin Adam has accused the government of introducing new taxes while crediting itself for abolishing nuisance taxes. He cited the Energy Sector Levy (Dumsor Levy), extensions of the Growth and Sustainability Levy and Special Import Levy beyond their original expiry dates, and a 15 per cent VAT charge on life insurance services as examples of new or extended levies introduced under the current administration.
2 June 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam has cautioned against attempts by government officials to politically appropriate the Court of Appeal's decision ordering restoration of GN Savings and Loans' licence, arguing the ruling raises questions about the credibility of Ghana's bank resolution framework and the relationship between politics and financial-sector regulation.
23 May 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam has cautioned that the Court of Appeal's ruling to restore GN Savings and Loans' licence could expose Ghana to fiscal and financial-stability risks, potentially triggering compensation claims from other collapsed institutions and creating open-ended contingent liabilities at a time of limited fiscal space. He warned that politically influenced reversals could weaken financial-sector deterrence and signal that regulatory breaches could be revisited if political conditions change.
23 May 2026 · Joy Online →
Karaga MP and former Finance Minister Mohammed Amin Adam has called on the Bank of Ghana and Ministry of Finance to clarify the regulatory and fiscal implications of a Court of Appeal ruling ordering restoration of GN Savings and Loans' licence. He outlined three immediate actions the Bank of Ghana should take: publicly explain the regulatory implications and indicate if it will appeal, conduct and publish a fresh prudential assessment before any restoration becomes operational, and have the Ministry of Finance disclose any potential fiscal exposure including compensation obligations and depositor liabilities.
23 May 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam claims the government's 24-hour economy secretariat has become ineffective because funds allocated for its operations have not been released, and argues the failure raises concerns about the government's commitment to the flagship policy.
20 May 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam has defended the digitalisation agenda of the previous NPP administration, crediting Vice President Mahamudu Bawumia's leadership for digitising passport applications, port operations, driver licensing, vehicle registration, and introducing the Ghana.Gov payment platform and digital E-Pharmacy to improve public service access and reduce bureaucratic delays.
20 May 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam has called on the government to adopt a private sector-led approach to the 24-hour economy policy, arguing the current strategy is unsustainable because the government cannot fund public sector job creation. He criticised the government for failing to roll out promised incentive packages in the 2026 Budget and alleged the 24-Hour Economy Secretariat had become inactive due to lack of funding.
20 May 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam has praised the NPP's digitalisation agenda under Mahamudu Bawumia, citing reforms including digitised passport applications, port operations, driver licensing, vehicle registration, motor insurance verification, and the Ghana.Gov payment platform as more effective than the current government's 24-hour economy initiative.
20 May 2026 · Joy Online →
Former Finance Minister Mohammed Amin Adam has criticized the government's 24-hour economy policy as a slogan without clear implementation, arguing that forcing public agencies to operate around the clock without additional staff and increased funding is fundamentally flawed and unrealistic given budget constraints.
20 May 2026 · Joy Online →
Kojo Adu-Asare, former Adentan MP, has publicly thanked Kwadwo Twum Boafo (CEO of the Financial Intelligence Centre), Julius Debrah (Chief of Staff), Ato Forson and Mohammed Amin Adam (current and former Finance Ministers), and others for their support during his six-year battle with kidney failure and transplant.
16 May 2026 · Joy Online →
Ghana's Domestic Debt Exchange Programme, launched in December 2022 as a response to severe economic crisis, focused on postponing debt servicing, reducing coupon payments, and extending maturities rather than outright principal haircuts for most bondholders. According to commentary, while politically unpopular, the programme may have prevented a deeper sovereign crisis.
12 May 2026 · Joy Online →
Former Finance Minister Dr Mohammed Amin Adam advised young people to combine hard work with humility to succeed in life, speaking at the commissioning of a classroom block at the Northern School of Business. He reflected on his long service as deputy minister under two presidents, saying discipline, resilience, and modesty shaped his journey.
9 May 2026 · Joy Online →
Dr Mohammed Amin Adam, former Finance Minister and MP for Karaga, told students at Northern School of Business that setbacks should not discourage ambition, recounting how he failed examinations and the common entrance exam before eventually succeeding as an academic, politician, and pilot. He commissioned a new 12-unit classroom block at the school where he studied.
9 May 2026 · Joy Online →
Dr Mohammed Amin Adam, MP for Karaga, has attributed his political success to persistence and determination after losing three consecutive parliamentary elections in 2000, 2004, and 2008 before winning a seat. He encouraged students and young people to remain focused despite disappointments, stressing that resilience often leads to eventual success.
9 May 2026 · 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.
9 May 2026 · 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.
8 May 2026 · 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.
8 May 2026 · 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 →