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Tag: FORSON

Companies

Ghana’s Energy Sector Faces GH¢80 Billion Debt Crisis, Urgent Action Required

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

Energy Minister John Abdulai Jinapor raised alarms about Ghana’s energy sector debt, now GH¢80 billion. He urged for immediate measures to tackle this financial crisis, emphasizing the need for collaboration …

Ghana’s Energy Sector Faces GH¢80 Billion Debt Crisis, Urgent Action Required Read More
Business / economics

Ghana’s Economic Recovery: Need for Structural Adjustments and Reforms

March 20, 2025March 20, 2025 - by Sofia Nawab - Leave a Comment

Deloitte emphasizes that Ghana’s economy needs structural adjustments for sustainable growth despite positive 2024 recovery signs. The government’s 2025 Budget includes tax abolitions, VAT reforms, and infrastructure investments, aiming to …

Ghana’s Economic Recovery: Need for Structural Adjustments and Reforms Read More
Politics

Ghana’s 2025 Budget: A Credible Financial Blueprint Amid Economic Challenges

March 14, 2025 - by Carmen Mendez - Leave a Comment

Finance Minister Dr. Cassiel Ato Forson presented the 2025 budget, calling it one of Ghana’s most credible. He criticized the NPP’s previous economic management, attributing unsustainable growth to illegal mining. …

Ghana’s 2025 Budget: A Credible Financial Blueprint Amid Economic Challenges Read More
Business / Companies / economics

Ghana’s State-Owned Enterprises: Tackling Mounting Financial Losses

March 14, 2025March 14, 2025 - by Allegra Nguyen - Leave a Comment

Ghana’s state-owned enterprises are facing significant financial losses, with alarming figures presented by Finance Minister Dr. Cassiel Ato Baah Forson. Key institutions like ECG and the Ghana Cocoa Board reported …

Ghana’s State-Owned Enterprises: Tackling Mounting Financial Losses Read More
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
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
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

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