4 d. ago Finance Official Says Fiscal Rules Need Institutional Support to Succeed

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/finance-official-says-fiscal-rules-need-institutional-support-to-succeed/Ghana’s fiscal discipline challenges require more than legislative rules to address public finance management problems, according to a senior finance ministry official. Dr. Patrick Nomo, Chief Director at the Ministry of Finance, argued that fiscal rules alone cannot guarantee responsible spending without supporting institutional frameworks. His comments came during a keynote address at an IMANI […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/finance-official-says-fiscal-rules-need-institutional-support-to-succeed/

Politics

1 week ago Think tank warns Ghana’s deficit worse than reported over bank bailout accounting

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-ghanas-deficit-worse-than-reported-over-bank-bailout-accounting/Ghana’s fiscal deficit may be significantly higher than official figures suggest after the government failed to fully account for a GH₵2.45 billion bank bailout in its budget reporting, according to the Institute for Fiscal Studies. The IFS raised concerns that the Finance Ministry’s 2025 Mid-Year Budget Review understated both expenditure and deficit levels by excluding […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-ghanas-deficit-worse-than-reported-over-bank-bailout-accounting/

Events

1 week ago Payroll fraud probe threatens business confidence as millions leak from state coffers

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/payroll-fraud-probe-threatens-business-confidence-as-millions-leak-from-state-coffers/Ghana’s government has launched an intensive investigation into payroll irregularities that are draining millions from public finances while undermining business trust in state spending accountability. Deputy Finance Minister Thomas Ampem Nyarko told Parliament’s Public Accounts Committee that fraud and wrongful payments are inflating the wage bill and reducing fiscal space for development projects that benefit […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/payroll-fraud-probe-threatens-business-confidence-as-millions-leak-from-state-coffers/

Economics

1 week ago PAC Chair blames centralisation for surge in payroll fraud, calls for decentralisation and sanctions

Chairperson of the Public Accounts Committee (PAC) and former Deputy Finance Minister, Abena Osei Asare, has blamed the resurgence of payroll fraud in the public sector on excessive centralisation and weak accountability systems, calling for immediate structural reforms and sanctions.

Politics

1 week ago Finance Ministry interdicts CAGD staff over alleged payroll fraud

The Ministry of Finance has interdicted a staff member of the Controller and Accountant General’s Department (CAGD) over allegations of payroll fraud.

Economics

1 week ago PAC refers Finance Ministry to Attorney General over GH₵1.3m procurement breach

The Public Accounts Committee has referred the Ministry of Finance to the Attorney General for prosecution over procurement breaches.

Politics

1 week ago Finance Ministry to freeze accounts of assemblies operating outside GIFMIS – Deputy Minister warns

The police anti-galamsey task force has intensified operations in the illegal mining areas, making several arrests in the Ashanti and Western regions in separate exercises over the weekend.

Events

1 week ago Gov’t is prioritising cocoa farmers’ welfare – Finance Ministry Adviser

The Technical Adviser to the Minister of Finance, Frederick Amissah, has defended the government’s record on cocoa, insisting that the welfare of farmers remains a priority.

Economics

2 w. ago Unearned Salaries: PAC interrogates Foreign Affairs Ministry over financial irregularities

The Ministry of Foreign Affairs has come under scrutiny at the Public Accounts Committee (PAC) of Parliament for various financial infractions, including alleged unearned salaries and imprests.

Economics

2 w. ago Ghana Strengthens UN Partnership to Boost Development Impact

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-strengthens-un-partnership-to-boost-development-impact/Ghana is taking steps to ensure its partnership with the United Nations delivers more meaningful results. The Ministry of Finance held high-level talks with UN agency leaders in Accra to improve coordination and align foreign support with national priorities. For years, multiple UN programs have operated alongside each other, sometimes leading to fragmented efforts and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-strengthens-un-partnership-to-boost-development-impact/

Politics

2 w. ago Finance Ministry hosts strategic engagement with UN to strengthen Ghana

The Ministry of Finance has convened a high-level strategic engagement with United Nations agencies, funds, and programmes operating in Ghana.

Politics

2 w. ago Ministry of Finance hosts strategic engagement with UN to strengthen Ghana–UN Development Cooperation

In a decisive move to enhance development cooperation, the Ministry of Finance has convened a high-level strategic engagement with United Nations agencies, funds, and programmes operating in Ghana. The day-long meeting reaffirmed Ghana’s commitment to inclusive growth, coordinated planning, and sustainable transformation, while providing a formal platform to align priorities and strengthen accountability between government […]

Politics

2 w. ago Ridge Hospital condemns assault on nurse during emergency ward incident

The Greater Accra Regional Hospital (Ridge Hospital) has condemned an incident at its Emergency Department captured in a viral social media video, in which relatives of an accident victim clashed with medical staff. The incident, which involved alleged delays in treating a critically injured patient, escalated into verbal aggression and the assault of a nurse, […]

Events

3 w. ago West Africa Forges Water Strategy as Regional Tensions Simmer

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/west-africa-forges-water-strategy-as-regional-tensions-simmer/Dakar buzzed with technical experts days before the high-profile water council relaunch, as national coordinators and basin authorities gathered for critical roadmap talks. The July 9 meeting saw Senegal’s water ministry lead assessments of climate finance projects and youth training programs, building on 2024 commitments. Delegates sharpened focus on cross-border data sharing through a new […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/west-africa-forges-water-strategy-as-regional-tensions-simmer/

Politics

3 w. ago Ghana Business Leaders Push for Bold Investment Shift in 2026 Budget

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leaders-push-for-bold-investment-shift-in-2026-budget/Ghana’s leading business association is urging the government to pivot from economic stabilization to aggressive growth through capital investments. The Ghana National Chamber of Commerce and Industry (GNCCI) made the call following the Finance Ministry’s invitation for stakeholder input on the 2026–2029 budget framework. GNCCI President Stephane Miezan acknowledged the government’s “sterling” success in restoring […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-business-leaders-push-for-bold-investment-shift-in-2026-budget/

Politics