5 d. ago PIAC accountability oversight weakens with amendment of PRMA

The Amended Act 2015 stipulated that a minimum 70% of the Annual Budget Funding Amount (ABFA) – which is the portion of petroleum receipts approved by parliament to support the national budget for a financial year – should be used for public investment expenditure.

Politics

5 d. ago Mahama nominates Gyakye Quayson, 3 others in final batch of Deputy Ministers

President John Mahama has submitted his final batch of deputy ministerial nominees to Parliament for approval. This is in accordance with Articles 78(1) and 79(1) of the 1992 Constitution. A statement issued by the Minister for Government Communications and Presidential Spokesperson, Felix Kwakye Ofosu, listed four Members of Parliament nominated to serve across various key […]

Politics

1 week ago Parliament approves $360m World Bank facility to support 2025 budget

Parliament has approved a $360 million financing agreement between government and the World Bank's International Development Association (IDA) for the Second Resilient Recovery Development Policy Financing.

Politics

2 w. ago World Bank backs Ghana with $360m to strengthen macroeconomic stability

The World Bank has approved a $360 million financing package to support Ghana’s economic rebound, a move that signals renewed confidence in the country’s path to recovery and reform. The funding, under the Second Resilient Recovery Development Policy Operation (DPO), aims to restore macroeconomic stability, revive investor confidence, and reinforce structural reforms to future-proof the […]

Economics

2 w. ago World Bank backs Ghana $360m to strengthen macroeconomic stability

The World Bank has approved a $360 million financing package to support Ghana’s economic rebound, a move that signals renewed confidence in the country’s path to recovery and reform.

Economics

2 w. ago Supreme Court vetting report approved despite Minority pushback

Parliament has approved the controversial Supreme Court vetting report, paving the way for the confirmation of President John Mahama's judicial nominees, despite strong objections from the Minority caucus.

Events

4 w. ago Minority Caucus welcomes Fitch upgrade but flags risks to 2025 Budget credibility

The Minority Caucus in Parliament has welcomed the latest credit rating upgrade of Ghana’s economy by the international ratings agency Fitch.

Politics