USAID staff told to shred and burn classified documents
Staff at the US Agency for International Development (USAID) have been told to shred and burn classified documents and personnel files. The request raised alarm among employees and labour groups amid the ongoing dismantling of the agency. Acting Executive Secretary Erica Y Carr sent an email that thanked staff for clearing out classified safes and […]
Ghana’s energy sector deficit projected to exceed $9 billion by 2026
By: Deborah Pofara Luu Finance Minister Dr. Cassiel Ato Forson has issued a warning that Ghana’s energy sector is on the verge of a financial crisis, with cumulative shortfalls expected to exceed $9 billion by 2026 if immediate reforms are not implemented. Speaking at the National Economic Dialogue (NED) 2025, Dr. Forson described the power […]
We never collected betting tax, says former Finance Minister Dr. Amin Adam
By: Kwame Bediako Ghana’s Minister of Finance, Cassiel Ato Forson, during the 2025 budget presentation on Tuesday, March 11, 2025 revealed the abolishment of the 10% withholding tax on lottery winnings, commonly referred to as the betting tax. This move, effective immediately, aims to alleviate the financial burden on individuals who win from betting activities. […]
Full Text: 2025 Budget Statement
By: Henrietta Afful Ghana’s Minister of Finance, Dr. Cassiel Ato Forson, has presented the Business Statement and Economic Policy for the year ending December 31, 2025, to Parliament on March 11, 2025. In his address, the Ajumako Enyan Essiam Member of Parliament and Finance Minister, outlined key reforms, including an overview of the Ghanaian economy […]
Government pledges fiscal discipline in 2025 budget
By: Magdalene Andoh In a clear commitment to fiscal responsibility, the government has outlined plans to adhere to strict financial discipline in the upcoming budget. Dr. Ato Forson, Ghana’s Finance Minister, indicated that the budget sets Ghana on a path toward sustainable economic management, prioritizing fiscal responsibility as a cornerstone of national policy. “The […]
“Asempa” budget focuses on economic recovery and tax relief
By: Deborah Pofara Luu Finance Minister Dr. Cassiel Ato Forson presented the 2025 Budget Statement and Economic Policy to Parliament on March 11, 2025, outlining the Mahama administration’s plan to stabilize Ghana’s economy and address fiscal challenges. The budget, dubbed the “Asempa” budget, aims to fulfill the NDC’s 120-day social contract, as promised in their […]
Minority Leader criticises 2025 Budget Statement; Labels it ‘Azaah Budget’
By: Magdalene Andoh In a pointed critique of the Finance Minister’s budget presentation made in Parliament today, the Minority Leader, Mr Alexander Afenyo-Markin, has accused the government of presenting what he called an “Azaah” or misleading budget. His remarks were made following the presentation of Part 2 of the National Democratic Congress (NDC) government’s budget, […]
Government ends 1D1F, GhanaCares and YouStart programmes
By: Magdalene Andoh In a significant shift in national policy, the government has announced the elimination of several key initiatives, including the One District, One Factory (1D1F), GhanaCares, and YouStart programmes initiated by the Akufo-Addo-led administration. The announcement was made by Dr. Ato Forson, Ghana’s Finance Minister, who cited the need to streamline efforts and […]
2025 Budget: Government scraps E-Levy, betting tax, and other taxes
By: Belinda Nketia The Finance Minister, Dr. Cassiel Ato Forson, as part of the 2025 budget presentation to Parliament, has announced the removal of several taxes, including the widely discussed Electronic Transfer Levy (E-levy) and Betting Tax, in a bid to ease the financial burden on households and foster business growth. Among the taxes set […]
From Luxury to Local: Finance Minister’s briefcase takes center stage on budget day
By: Magdalene Andoh and Roberta Gayode Modin On Budget Day, all eyes were on the Finance Minister, Dr. Cassiel Ato Forson as he prepared to present the nation’s fiscal roadmap. However, it was not just the budget that captured the attention of the public—it was also the briefcase he carried. Dr. Forson made a powerful statement […]
Budget Day Promise: Finance Minister Dr. Cassiel Ato Forson outlines plans for better financial Governance
By: Magdalene Andoh In a bold statement on Budget Day, Dr. Cassiel Ato Forson, the Minister for Finance, outlined the government’s commitment to strengthening public financial management in Ghana. Speaking to the nation, Dr. Forson emphasized that the government would take decisive steps to improve transparency, efficiency, and accountability in managing public funds. Dr. Forson […]
Will Fuel Prices Drop? Prof. Gatsi weighs in ahead of 2025 budget
As Ghanaians look forward to the 2025 budget presentation today Match 11, 2025, many are wondering if fuel prices will be reduced. However, Professor John Gatsi, an economist, has clarified that fuel prices do not decrease because of the budget itself during an interview on GTV breakfast show. According to Professor Gatsi, fuel prices are […]
Uganda deploys troops to South Sudan to secure capital – military chief
Uganda has deployed special forces to South Sudan’s capital, Juba, to help President Salva Kiir to “secure it”, Uganda’s military chief Gen Muhoozi Kainerugaba has said. The move comes as tensions escalate between Kiir and his deputy Riek Machar, raising fears that their fragile peace deal could collapse and a conflict could resume. Gen Kainerugaba […]
One killed in largest drone attack on Moscow region, officials say
At least one person has been killed and several injured in an overnight drone attack on Moscow and the surrounding region, local officials said. The governor of the Moscow region, Andrei Vorobyov, said the casualties were in the towns of Vidnoye and Domodedovo, located just outside the capital. Seven apartments were also damaged. In a […]
