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Tag: CASSIEL ATO FORSON

Business / Companies / economics

Finance Minister Advocates for Bank of Ghana’s Internal Recapitalization Solutions

March 13, 2025March 13, 2025 - by Allegra Nguyen - Leave a Comment

Finance Minister Dr. Cassiel Ato Forson has urged the Bank of Ghana to explore internal asset liquidation for recapitalization instead of relying on taxpayer funds. He emphasized the need to …

Finance Minister Advocates for Bank of Ghana’s Internal Recapitalization Solutions Read More
Business / Companies / economics

Finance Minister Advocates Internal Solutions for Bank of Ghana’s Recapitalization

March 12, 2025March 12, 2025 - by Carmen Mendez - Leave a Comment

Finance Minister Dr. Cassiel Ato Forson rejects taxpayer funding for the Bank of Ghana’s recapitalization due to a GH¢60 billion deficit. He suggests the central bank lease back its Head …

Finance Minister Advocates Internal Solutions for Bank of Ghana’s Recapitalization Read More
Business / Companies / economics

Minister of Finance Asserts Taxpayer Funds Will Not Bailout Bank of Ghana

March 12, 2025March 12, 2025 - by Allegra Nguyen - Leave a Comment

Dr. Cassiel Ato Forson, Ghana’s Minister of Finance, declared that the government will not use taxpayer money for a GH¢53 billion bailout for the Bank of Ghana, suggesting the bank …

Minister of Finance Asserts Taxpayer Funds Will Not Bailout Bank of Ghana Read More
Politics

Ghana Allocates GH¢492.5 Million for Disaster Relief

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

The Ghanaian government has allocated GH¢492.5 million to assist victims of recent tidal waves and Akosombo dam spillage, addressing the displacements and damages faced by these communities. Minister of Finance, …

Ghana Allocates GH¢492.5 Million for Disaster Relief Read More
Business / Companies / economics

Economic Experts Analyze Revenue Strategies in Ghana’s 2025 Budget

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

Ghana’s 2025 Budget faces scrutiny from economic experts regarding revenue strategies and financial challenges. Eric Boachie Yiadom emphasizes boosting mining sector income while cautioning about over-reliance on government funding. Priscilla …

Economic Experts Analyze Revenue Strategies in Ghana’s 2025 Budget Read More
Business / Companies / economics

GRA Data Contradicts Claims on Betting Tax Implementation by Amin Adam

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

Data from the Ghana Revenue Authority dispels claims by Dr. Mohammed Amin Adam about the non-implementation of a 10% betting withholding tax. The tax generated significant revenue, counteracting assertions from …

GRA Data Contradicts Claims on Betting Tax Implementation by Amin Adam Read More
Companies

Ghana Secures $1.32 Billion from IMF and World Bank to Mitigate Budget Deficit

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

Ghana will receive US$1.32 billion from the IMF and World Bank, covering 35% of its 2025 budget deficit. US$720 million will be from the IMF Extended Credit Facility, and US$600 …

Ghana Secures $1.32 Billion from IMF and World Bank to Mitigate Budget Deficit Read More
Companies / economics

Ghana’s Cocoa Crisis: Urgent Reforms Needed for Economic Revival

March 12, 2025March 12, 2025 - by Allegra Nguyen - Leave a Comment

Ghana’s cocoa sector is facing severe challenges, with substantial debt and a nearly 50% decline in production over three years. Finance Minister Dr. Cassiel Ato Forson highlighted these issues during …

Ghana’s Cocoa Crisis: Urgent Reforms Needed for Economic Revival Read More
Business / economics

Ghana Government Embarks on Formalisation of Labour Export

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

The Ghanaian government will begin formalising the export of labour to enhance worker protections and reduce illegal migration. Finance Minister Mr. Cassiel Ato Forson announced this initiative alongside the 2025 …

Ghana Government Embarks on Formalisation of Labour Export Read More
Business / economics

Cocoa Production Crisis in Ghana: A 50% Decline Over Three Years

March 12, 2025March 12, 2025 - by Carmen Mendez - Leave a Comment

Cocoa production in Ghana has decreased by nearly 50% over three years, according to Finance Minister Dr. Cassiel Ato Forson. COCOBOD’s inability to meet supply demands has led to significant …

Cocoa Production Crisis in Ghana: A 50% Decline Over Three Years Read More

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