Newly sworn-in Governor of the Bank of Ghana, Dr. Johnson Asiama, has pledged to strengthen public confidence in Ghana’s financial sector by promoting stability, transparency, and innovation.
President John Mahama has assured Ghanaians that his administration will uphold fiscal responsibility and avoid exerting political pressure on the Bank of Ghana (BoG) to print money for government spending.
The Deputy Minister-Designate for Finance, Thomas Nyarko Ampem, has stated that he will support the Minister of Finance in achieving the government's target of reducing inflation to 8 percent.
The Deputy Finance Minister nominee, Thomas Nyarko Ampem, has urged a non-partisan approach to discussions on the Domestic Debt Exchange Programme (DDEP) payments, emphasising the need to focus on its positive impact on the financial sector.
Ghana's National Daily Minimum Wage (NDMW) has been increased by 10% from GHS18.15 to GHS19.97 effective March 1, 2025, according to the National Tripartite Committee (NTC).
The downstream petroleum sector is grappling with an annual demurrage cost of $35million, imposing a significant financial burden according to the Chief Executive Officer-National Petroleum Authority (NPA), Godwin Edudzi Tamaklo.
Following a directive from President Mahama, the Ministry of Finance has honoured the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders.
