In the first auction following Ghana’s President John Dramani Mahama’s inauguration, the government experienced a significant oversubscription on January 10, 2025, with total bids reaching GH¢8.075.75 billion—surpassing the GH¢5.198 billion target by GH¢2.877.75 billion. Results published on January 13, 2025, show the government raised GH¢5.513.76 billion from the 91-day bill, secured GH¢1.416.66 billion for the…
Minister-designate for Finance, Cassiel Ato Forson has underscored his commitment to enhancing revenue mobilisation as a key focus of his administration. He highlighted that previous finance ministers have not adequately addressed this issue to effectively boost revenue. During his vetting on January 13, 2025, Dr. Forson asserted, “I will prioritise revenue mobilisation…a lot of Finance…
In his final State of the Nation Address (SONA) delivered on January 3, 2025, President Nana Addo Dankwa Akufo-Addo urged the incoming government, led by John Dramani Mahama, to prioritize reducing Ghana’s debt-to-GDP ratio to 55% by the end of its term. Reflecting on the progress under his administration, President Akufo-Addo noted a notable decline…
Former Finance Minister, Seth Terkper, has attributed the current economic difficulties to the government’s failure to uphold the financial buffers established by the previous administration. Speaking at the launch of the “For the Records” campaign book, which highlights the National Democratic Congress (NDC) government’s achievements in the Anyaa-Sowutuom constituency, Terkper called for greater accountability in…
Former National Treasure aspirant of the New Patriotic Party (NPP), Dr. Yusif Tedam, has criticised the former president John Dramani Mahama over his proposed 24-Hour Economy policy. Dr. Tedam, who has questioned the feasibility of the plan, accused Mahama of offering a vague and impractical solution in what he described as a desperate attempt to…