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 who oversees Ghana's Gold Board operations, tax reforms, and agricultural transformation initiatives.
… The Deputy Minister of Finance, Thomas Nyarko Ampem, urged African countries to build credible and sophisticated financial markets to mobilise long-term capital for infrastructure, technology, and sustainable development. …
The Deputy Finance Minister, Mr Thomas Nyarko Ampem, has called on African leaders to make the continent a destination for investment rather than a recipient of aid in financing its development agenda. …
… Deputy Finance Minister Thomas Nyarko Ampem said the fundraising committee has entered the final phase of mobilisation, with about two weeks left before the team’s preparations and travel arrangements intensify ahead of the tournament, which begins on June 11. …
… Mr Thomas Nyarko Ampem, the Deputy Minister of Finance, announcing the partnership, said hosting the 2027 WCF Partnership Meeting went beyond organising an international conference, adding that it symbolised Ghana and Africa’s continued leadership within the global cocoa economy. …
… Mr Thomas Nyarko Ampem, the Deputy Minister of Finance, announcing the partnership, said hosting the 2027 WCF Partnership Meeting went beyond organising an international conference, adding that it symbolised Ghana and Africa’s continued leadership within the global cocoa economy. …
… Speaking at the launch of the report in Accra yesterday, the Deputy Minister of Finance, Mr Thomas Nyarko Ampem, said the findings provided critical data to help government and policymakers better target interventions and ensure equitable distribution of resources. …
… Receiving the cheque on behalf of the fundraising committee, Deputy Minister of Finance, Thomas Nyarko Ampem, expressed profound appreciation to Zijin Golden Ridge Limited for responding positively to the national call. …
The Minister of Finance, Dr Cassiel Ato Forson and his Deputy, Mr Thomas Nyarko Ampem both on Thursday filed their annual tax returns as part of this year’s celebration Tax and Good Governance Month. …
… For his part, the Deputy Minister of Finance, Mr Thomas Nyarko Ampem, expressed gratitude to Stanbic Bank Ghana for the support and encouraged other financial institutions and organisations to emulate the gesture. …
… Cassiel Ato Forson and his Deputy, Thomas Nyarko Ampem, have publicly filed their annual tax returns in a move aimed at promoting voluntary tax compliance and strengthening public confidence in the tax system. …
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 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.
The Government has launched the AgriConnect Compact, a national framework supported by the World Bank aimed at improving food security for nearly three million people and creating more than 2.6 million jobs by 2035 through increased agricultural investment and transformation. The first phase from 2026 to 2030 requires about US$3.5 billion in financing from government, development partners, and the private sector, and prioritises commodities including cocoa, oil palm, rice, maize, and poultry.
The government has launched the Ghana AgriConnect Compact, a major agricultural transformation programme expected to improve food security for nearly three million people and create more than 2.6 million jobs by 2035, requiring an estimated $3.5 billion for its first phase from 2026 to 2030.
Ghana, with World Bank and development partner support, has launched the AgriConnect Compact, a national framework to strengthen food security, create jobs, reduce food imports, and mobilize investment across priority agricultural value chains including cocoa, oil palm, rice, maize, and poultry. In its first phase (2026–2030), the Compact aims to improve food and nutrition security for an estimated 2.99 million people and support the creation of more than 2.6 million jobs by 2035, requiring estimated financing of about US$3.5 billion.
The government, with World Bank Group support, has launched the AgriConnect Compact, a national framework aimed at strengthening food security, creating jobs, reducing food imports, and mobilising investment across priority agricultural value chains including cocoa, oil palm, rice, maize, and poultry. In its first phase from 2026 to 2030, the Compact targets improved food and nutrition security for an estimated 2.99 million people and the creation of more than 2.6 million jobs by 2035, with estimated financing needs of about US$3.5 billion.
The Ministry of Finance has released GH¢1.677 billion to the Ministry of Food and Agriculture in 2026, representing 85 percent of the ministry's approved budget for Goods and Services and Capital Expenditure. The Deputy Minister for Finance said the release demonstrates government commitment to agricultural transformation, food security, and job creation.
The Ministry of Finance has released GH¢1.677 billion to the Ministry of Food and Agriculture in 2026, representing 85% of the ministry's approved budget for Goods and Services and Capital Expenditure. The Deputy Minister for Finance announced the allocation during the launch of Ghana's National Pact for Agricultural Transformation, Food Security, and Employment.
Ghana's Deputy Finance Minister called on investors and development partners to commit long-term capital to transform the rice sector into a major driver of economic growth and food security, saying the government is creating the right policy and macroeconomic environment to attract investment and reduce import dependence.
Vice President Professor Jane Naana Opoku-Agyemang has called on African countries to take greater control of their food systems by investing strategically in agriculture, reducing dependence on food imports and strengthening regional cooperation. She noted that Africa spends more than US$50 billion annually on food imports despite having fertile land and abundant water resources, and stressed that transforming agriculture into a modern commercial industry is essential for job creation and economic growth.
Ghana's government announced a new policy requiring rice importers to demonstrate verifiable partnerships with local rice producers before receiving import permits, aiming to accelerate progress toward self-sufficiency and reduce the import bill.
West African countries spend about US$3 to 4 billion annually importing rice, a situation the Deputy Finance Minister describes as economically unsustainable and strategically untenable. He urged stakeholders to close the gap between production and consumption to create jobs, improve farmers' livelihoods, and reduce foreign exchange outflows.
Dr Ekow Kwainoe, Member of Parliament for Ekumfi, has been honoured at the ACI World Congress 2026 for his exceptional contribution to global financial markets and Ghana's economic governance. The award, presented by the Bank of Ghana Governor, recognised his role as one of the architects of Ghana's integration into global financial markets and his position as the first president of ACI Ghana.
Vice President Professor Naana Jane Opoku-Agyemang, speaking at the ACI World Congress 2026 in Accra, called for the ethical and responsible use of artificial intelligence to strengthen Africa's financial markets and support economic transformation. She emphasized that while AI and digital finance create opportunities to improve efficiency and expand financial access, African countries must ensure innovation is guided by strong ethical standards, accountability, and robust regulatory systems.
Ghana's Deputy Finance Minister Thomas Nyarko Ampem called on African leaders to position the continent as an investment destination rather than an aid recipient, advocating for deeper financial market integration, innovative financing structures, and African capital to fund continental development.
Ghana's World Cup fundraising campaign has received contributions from the Bank of Ghana (GH¢5 million), Ghana Revenue Authority (US$300,000), SIC Insurance (GH¢1 million), Timeline and Innovation Company Limited (GH¢2 million total), and the National Pensions Regulatory Authority (GH¢500,000). The fundraising committee is in its final phase with about two weeks remaining before the tournament begins on June 11.
Ghana will host the World Cocoa Foundation Partnership Meeting from March 16–18, 2027, in Accra, bringing together global cocoa and chocolate industry leaders on the theme "From Origin to Global Resilience." The Deputy Minister of Finance said the meeting underscores Ghana and Africa's leadership in the cocoa economy and called for urgent reforms to ensure fairness in the value chain, noting that despite a global chocolate industry worth over 100 billion dollars annually, many cocoa farmers remain below acceptable income levels.
Ghana will host the World Cocoa Foundation Partnership Meeting from March 16–18, 2027, in Accra, gathering leaders from the global cocoa and chocolate industry under the theme "From Origin to Global Resilience" to strengthen collaboration and address sustainability in the cocoa value chain.
Ghana's multidimensional poverty incidence dropped from 24.3 percent to 23.0 percent in 2025, with 250 out of 261 districts showing improvement over the past five years, according to a Ghana Statistical Service report. The Deputy Minister of Finance said the findings provide critical data to help government better target interventions, though district-level analysis reveals specific development gaps requiring urgent attention.
Mining company Zijin Golden Ridge Limited has donated USD100,000 to Ghana's Black Stars World Cup 2026 fundraising efforts, described as one of the biggest corporate contributions to the national team's preparations for the tournament.
Ghana's Finance Minister Dr Cassiel Ato Forson and Deputy Thomas Nyarko Ampem publicly filed their annual tax returns at GRA headquarters as part of Tax and Good Governance Month, demonstrating commitment to voluntary tax compliance and transparency in the country's tax administration.
Stanbic Bank Ghana has given GH¢3 million to the Ministry of Finance to support the Black Stars ahead of the 2026 FIFA World Cup. The donation is split into two tranches: GH¢1.5 million as a participation fee, and a second GH¢1.5 million conditional on the team advancing to the knockout stage; if they do not qualify, the second tranche will go to charity.
Finance Minister Dr. Cassiel Ato Forson and Deputy Thomas Nyarko Ampem have publicly filed their annual tax returns to promote voluntary tax compliance and public confidence in the tax system. Forson described the public filing as leadership by example and stressed tax compliance as both a civic obligation and moral responsibility.