Also known as: Mr Thomas Nyarko Ampem · Mr. Ampem · Mr Ampem · Mr Nyarko Ampem · Deputy Minister for Finance, Thomas Nyarko Ampem · Mr. Nyarko Ampem · Deputy Minister for Finance Thomas Nyarko Ampem · Deputy Finance Minister Thomas Nyarko Ampem · Hon. Thomas Nyarko Ampem
Deputy Minister for Finance who leads economic strategy on climate finance, macroeconomic stabilisation, and financial accountability across Ghana's government institutions.
The Deputy Finance Minister, Thomas Nyarko Ampem, has assured that the cedi will remain stable, describing the stability of the local currency as a major relief for households seeking to finance their homes. …
Deputy Finance Minister Thomas Nyarko Ampem says Africa cannot rely on government budgets alone to finance its climate ambitions, as countries face growing pressure on public finances. …
… It said the Minister for Finance, Dr Cassiel Ato Forson, nominated Deputy Finance Minister Thomas Nyarko Ampem to represent him on the board from the outset because of his schedule. …
… Thomas Nyarko Ampem, Deputy Minister for Finance, acknowledged Ghana’s recent macroeconomic improvements and presented the government’s framework for moving from correction to construction. …
… The Deputy Minister for Finance, Thomas Nyarko Ampem announced the strategy on Wednesday, September 2, 2026, when he delivered the keynote address on behalf of Finance Minister, Dr Cassiel Ato Forson at the Business Roundtable Extended 2026 Executive Dialogue in Accra. …
The Deputy Minister for Finance, Thomas Nyarko Ampem, says Ghana must now build on its restored macroeconomic stability and secure a productive, competitive and resilient economy for the next decade. …
Ghana’s drive towards fiscal discipline and public accountability has recorded a major milestone following a 62.9 per cent reduction in financial irregularities across five key audited sectors of the economy, Deputy Minister for Finance, Thomas Nyarko Ampem, has revealed. …
Financial irregularities across five audited sectors declined by 62.9 per cent, from approximately GH¢20.72 billion in 2024 to GH¢7.69 billion in 2025, Deputy Minister for Finance Thomas Nyarko Ampem has announced. …
… A Rush Job with No Consultation Stakeholders are furious that the Bill, laid before Parliament on July 23 by Deputy Finance Minister Thomas Nyarko Ampem, was rushed through and enacted within days without prior consultation with industry players. …
… Mr Thomas Nyarko Ampem, Deputy Minister for Finance and Member of Parliament for Asuogyaman, said the new office would ease the burden on drivers, riders and vehicle owners who previously travelled to Somanya and other districts to access DVLA services. …
The Deputy Finance Minister Thomas Nyarko Ampem has assured that the cedi will remain stable, noting that currency stability provides relief for households financing homes. He said the cedi trades at about GH¢11.80 to the US dollar and that exchange rate stability is important for families whose incomes are denominated in cedis.
The Deputy Finance Minister Thomas Nyarko Ampem has assured that the cedi will remain stable, noting that currency stability provides relief for households financing homes. He said the cedi trades at about GH¢11.80 to the US dollar and that exchange rate stability is important for families whose incomes are denominated in cedis.
Deputy Finance Minister Thomas Nyarko Ampem says African governments cannot finance climate ambitions from budgets alone and should use public and concessional financing strategically to unlock private investment. According to the African Development Bank, Africa needs an estimated $2.7 trillion between 2020 and 2030 to implement its climate commitments.
The Ghana Gold Board rejected claims that Bank of Ghana Governor Dr Johnson Pandit Asiama's departure from its board signals disagreement between the institutions. GoldBod said Asiama resigned from the board due to workload and nominated the BoG's Second Deputy Governor, Mrs Matilda Asante-Asiedu, to represent him under provisions of the Ghana Gold Board Act 2025.
The inaugural Business Roundtable Extended 2026 Executive Dialogue convened government, business, academia and development partners in Accra to call for Ghana to use macroeconomic stabilisation to build a more productive, diversified, competitive and resilient economy.
Ghana's Deputy Minister for Finance outlined a five-pillar economic strategy—stronger buffers, productive economy, private sector investment, resilient institutions, and felt growth—aimed at protecting recent macroeconomic gains and building a stronger economy. The strategy comes as real GDP growth reached 6.4 per cent year-on-year in Q1 2026 and inflation fell to 4.6 per cent in July 2026.
Deputy Minister Thomas Nyarko Ampem said Ghana must build on restored macroeconomic stability and shift focus from correcting past economic challenges to expanding production, attracting investment and creating jobs. He called for a new partnership between government and businesses, with government providing stability and infrastructure while the private sector drives investment, innovation and exports.
Financial irregularities across five audited sectors of Ghana's economy fell from approximately GH¢20.72 billion in 2024 to GH¢7.69 billion in 2025, a reduction of about GH¢13.03 billion, according to Deputy Minister Thomas Nyarko Ampem. The decline surpassed the government's internal target of a 50% reduction, exceeding it by 12.9 percentage points.
Financial irregularities across five audited sectors dropped 62.9 per cent from approximately GHC 20.72 billion in 2024 to GHC 7.69 billion in 2025, Deputy Minister for Finance Thomas Nyarko Ampem announced, exceeding the government's 50 per cent reduction target.
Ghana's Excise Act, 2026, signed into law on July 26, 2026, is expected to trigger job losses and a collapse in demand for local raw materials from breweries, affecting over 80,000 cassava, maize and sorghum farmers and an estimated 5,000 jobs across the beer value chain. Analysts warn the law will lead to a 25 percent hike in beer and stout prices and push consumers to illegal black market alcohol.
A new Driver and Vehicle Licensing Authority office has been commissioned in Asuogyaman District to bring licensing services closer to residents and curb fraudulent documents. The facility is the 25th of 40 district offices being established nationwide under the DVLA's decentralisation programme.
Thirty-two Japan Overseas Cooperation Volunteers serving in Ghana paid a courtesy call on the Deputy Minister of Finance to deepen Ghana-Japan relations through volunteerism and cultural exchange, ahead of the 50th anniversary of the JICA volunteer programme in Ghana in 2027. Over 1,550 Japanese volunteers have served in Ghana over the past five decades in health, education, agriculture, sports and community development.
Ghana's Deputy Minister for Finance called First Atlantic Bank's expansion into Liberia a milestone in African economic integration and evidence that Ghanaian financial institutions are increasingly competing across borders. He characterized the move as African capital investing in Africa and part of President Mahama's commitment to enabling Ghanaian businesses to become regional and global champions.
Parliament passed the Ghana Cocoa Board Bill, 2026 under certificate of urgency to establish a new legal framework for the Ghana Cocoa Board before the 2026/2027 cocoa season begins in September. The law will regulate the cocoa value chain, support cultivation, and undertake buying, selling and export of cocoa, while implementing reforms including a domestic financing model and guaranteed payment of 70 percent of the Free-on-Board price to cocoa farmers.
Parliament has approved the Ghana Cocoa Board Bill, 2026, which restructures the cocoa industry under a new governance framework and includes a statutory guarantee that cocoa farmers will receive not less than 70 per cent of the Free-On-Board price of cocoa. The legislation replaces the fragmented legal regime governing the sector with a single, modern framework to regulate, supervise and promote activities across the cocoa value chain.
Parliament has approved the Excise Bill, 2026, removing excise duty on locally manufactured fruit juices to make products more affordable and strengthen Ghana's agro-processing sector. The law also introduces an incentive-based excise regime for beer and other beverages, with tax rates linked to the proportion of locally sourced raw materials used in production.
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.
The Electricity Company of Ghana and the Power Tennis Club have inaugurated a renovated tennis court in Accra to promote sports development and community engagement. The facility, originally built in 1994, was upgraded through contributions from the club's executives, patrons, and donors.
The Electricity Company of Ghana has officially reopened the renovated Power Tennis Court in Accra, a facility originally constructed in 1994 that has served members of the Power Tennis Club for more than three decades. The reopening was made possible through collaboration between ECG management, the club's executives, donors and supporters.
The government will allocate funds in the 2027 Budget to continue the Bank of Ghana's recapitalisation under a long-term programme running until 2032, as part of broader macroeconomic reforms aimed at preserving central bank independence and strengthening economic recovery.
Parliament has approved renewal of the head lease of Regina House in London for another 150 years, a strategic national asset housing the Ghana International Bank and other tenants. The renewal will cost the government £17.25 million.
Ghana has called for urgent reforms to political financing across Africa, warning that growing money influence is undermining democratic integrity, excluding capable leaders, and weakening public trust in institutions. Deputy Minister Thomas Nyarko Ampem told attendees at a regional convening in Accra that rising campaign costs are preventing competent citizens, women, and young people from participating in politics.
The Social Security and National Insurance Trust has launched a Membership Value Programme in partnership with Ecobank Ghana, offering members and pensioners a free SSNIT-branded prepaid Visa card with access to digital healthcare, business discounts, reduced airfares, and cashless payments. The initiative aims to improve members' quality of life during their working years and attract new contributors, particularly from Ghana's informal sector.
The Ghana Gold Board has spent $16.11 billion between January 2025 and May 2026 purchasing gold from licensed artisanal and large-scale miners, as part of efforts to formalise the gold trade and combat smuggling. The Deputy Minister of Finance noted that Ghana lost approximately $11.4 billion to gold smuggling between 2019 and 2023, and Goldbod is working to reverse this trend through a traceability system and formalisation of supply chains.
Artisanal and small-scale miners have supplied about 99.5 percent of all gold purchased by the Ghana Gold Board since its establishment, Deputy Finance Minister Thomas Nyarko Ampem disclosed in Parliament. GoldBod purchased 135.843 metric tonnes of gold between January 2025 and May 2026, with 135.221 metric tonnes originating from the ASM sector.
Ghana's Gold Board generated more than $10 billion from gold exports in 2025 by purchasing, aggregating and exporting 104 metric tonnes from artisanal and small-scale mining, a contribution the Deputy Finance Minister credited with strengthening the cedi by 41 percent and increasing foreign reserves to $13.8 billion by year-end.
Ghana's tax-to-GDP ratio increased to about 14 percent in 2025 from roughly 12.3 percent in 2024, driven by tax administration and public financial management reforms. The government says stronger tax collection is critical to reducing borrowing reliance and supporting long-term growth, though Ghana's tax performance remains below comparable countries.
Ghana's tax-to-GDP ratio increased to about 14 percent in 2025 from roughly 12.3 percent in 2024, reflecting gains from tax administration and public financial management reforms, Deputy Finance Minister Thomas Nyarko Ampem said. Despite the improvement, the ratio remains below that of countries at similar development levels, highlighting the need for continued reforms.
Ghana has officially launched the Ghana Women and Youth Employment and Social Cohesion (GWYESCO) Programme, funded by the African Development Bank, to create more than 30,000 jobs and economic opportunities for women and young people across the country.
Ghana has officially launched the Ghana Women and Youth Employment and Social Cohesion (GWYESCO) Programme, funded by the African Development Bank, aimed at creating more than 30,000 jobs and economic opportunities for women and young people. The initiative, implemented through the Social Investment Fund, seeks to address youth unemployment, promote women's economic empowerment, and strengthen social cohesion in vulnerable communities.
The Deputy Minister for Finance has assured Parliament that the government is safeguarding economic achievements since 2025 and implementing deliberate measures to prevent a return to economic challenges experienced between 2022 and 2024, with the Ministry focusing on fiscal discipline and growth-enhancing investments.