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Tag: CASSIEL ATO FORSON

Companies / Politics

Ghana Government Allocates GH¢2.81 Billion for Road Maintenance

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

The Ghana government has allocated GH¢2.81 billion for road maintenance, a 155.5% increase from the previous year. Finance Minister Dr. Cassiel Ato Forson announced the uncapping of the road fund …

Ghana Government Allocates GH¢2.81 Billion for Road Maintenance Read More
Business / economics

Ghana’s Finance Minister Advocates for Urgent VAT Reform

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

Ghana’s Finance Minister Dr. Cassiel Ato Forson calls for urgent reforms to the nation’s VAT system, citing its distortions and inefficiencies. With Ghana’s VAT rate being the highest in Africa, …

Ghana’s Finance Minister Advocates for Urgent VAT Reform Read More
Business / Companies / economics

Ghana’s Debt Obligations: A Breakdown by Minister Ato Forson

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

Dr. Cassiel Ato Forson announced Ghana’s debt obligations of over GH¢150 billion domestically and $8.7 billion externally within the next four years, mainly concentrated in 2027 and 2028. These debts …

Ghana’s Debt Obligations: A Breakdown by Minister Ato Forson Read More
Business / Companies / economics

Bank of Ghana Requests GHC 53 Billion Bailout to Mitigate Negative Equity

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

The Bank of Ghana is seeking a GHC 53 billion bailout to address negative equity issues caused by significant losses, primarily from the government’s debt restructuring program. Finance Minister Dr. …

Bank of Ghana Requests GHC 53 Billion Bailout to Mitigate Negative Equity Read More
Business / economics / Politics

Ghana to Abolish Six Controversial Taxes in 2025 Budget

March 11, 2025March 11, 2025 - by Allegra Nguyen - Leave a Comment

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, announced the abolition of six controversial taxes in the 2025 budget, including the E-Levy and COVID-19 Levy. This decision aligns with the National …

Ghana to Abolish Six Controversial Taxes in 2025 Budget Read More
Business / economics

Ghana’s 2025 Budget: Resetting the Economy for the Future

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

On March 11, 2025, Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, presented the 2025 Budget, themed “Resetting the Economy for the Ghana we Want.” The budget reflects citizens’ aspirations, …

Ghana’s 2025 Budget: Resetting the Economy for the Future Read More
Business / Companies / economics

Key Highlights of Ghana’s 2025 Budget

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

The 2025 budget presented by Ghana’s Finance Minister Dr. Cassiel Ato Forson focuses on economic recovery, job creation, and fiscal discipline. Key highlights include measures to address inflation and public …

Key Highlights of Ghana’s 2025 Budget Read More
Companies

Ghana’s 2025 Budget Allocates US$279 Million to Gold Sector Development

March 11, 2025March 11, 2025 - by Sofia Nawab - Leave a Comment

The Ghanaian government has allocated US$279 million to the Ghana Gold Board to aid in gold purchases and exports. An additional GH¢13.85 billion has been earmarked for the Big Push …

Ghana’s 2025 Budget Allocates US$279 Million to Gold Sector Development Read More
Business / economics

Ghana Eliminates COVID-Era Taxes to Ease Economic Burden on Citizens

March 11, 2025March 11, 2025 - by Liam Nguyen - Leave a Comment

Ghana’s new government has decided to abolish several COVID-era taxes linked to IMF financing, including a one-percent levy on mobile money transfers and a VAT on motor vehicle insurance. Finance …

Ghana Eliminates COVID-Era Taxes to Ease Economic Burden on Citizens Read More
Business / Companies / economics

Ghana’s Debt Obligations: A Breakdown by Finance Minister Dr. Ato Forson

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

Dr. Cassiel Ato Forson detailed Ghana’s impending debt obligations totaling GH¢150 billion domestically and $8.7 billion externally over the next four years due to restructuring measures from the prior administration. …

Ghana’s Debt Obligations: A Breakdown by Finance Minister Dr. Ato Forson Read More

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