Tuesday, February 17

Tag: Dr Cassiel Ato Forson

NCCE’s post-election peace campaign reaches 5.3 million Ghanaians – Dr Ato Forson
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News

NCCE’s post-election peace campaign reaches 5.3 million Ghanaians – Dr Ato Forson

Dr Cassiel Ato Forson, the Minister of Finance, has revealed that the National Commission for Civic Education (NCCE) has made significant strides in promoting national unity and peaceful coexistence following the 2024 general elections. He said the Commission carried out more than 51,000 civic education activities, directly reaching 5.3 million citizens across the country. Presenting the 2026 Budget Statement to Parliament on Thursday, November 13, Dr Forson explained that the activities were part of a nationwide effort to strengthen social cohesion, prevent violence, and foster dialogue in communities that experienced or were prone to post-election tensions. He noted that, in addition to the nationwide engagements, the NCCE sensitised close to 20,000 citizens on peacebuilding, eq...
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Gov’t allocates GH¢40 million to Creative Arts and Film funds — Finance Minister
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Tourism

Gov’t allocates GH¢40 million to Creative Arts and Film funds — Finance Minister

Government has allocated GH¢40 million as seed money to establish the Creative Arts and Film Fund to boost investment and sustainability within Ghana’s arts, culture, and entertainment industries. Dr. Cassiel Ato Forson, Minister of Finance, announced this when he presented the 2026 Budget Statement and Economic Policy of the government to Parliament on the theme: “Resetting for Growth, Jobs and Economic Transformation.” He said, “Government has also allocated an amount of GH¢20 million to the Creative Arts Fund as seed money for the arts, music, fashion, food, and other creative sectors,” Dr. Forson stated. “Similarly, GH¢20 million has been allocated to the Film Fund to revive the film industry such as Kumawood and other film associations.” He said the government recognised t...
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Acting Defence Minister Ato Forson Addresses Parliament on El-Wak Stampede
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Acting Defence Minister Ato Forson Addresses Parliament on El-Wak Stampede

The Acting Minister of Defence, Dr. Cassiel Ato Forson, has expressed deep sorrow over the tragic stampede that occurred earlier today at the El-Wak Military Sports Facility during the ongoing Ghana Armed Forces (GAF) recruitment exercise. Delivering an urgent statement before Parliament, Mr. Forson confirmed that six people have lost their lives, while five remain in critical condition in the Intensive Care Unit (ICU). He added that 12 others are fairly critical, with the rest of the 34 total casualties in stable condition and under medical observation. The minister clarified that not all of the victims were potential recruits and noted that the tragedy unfolded despite efforts by the Ministry to decentralize this year’s recruitment process. “This year’s recruitment exercise is b...
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Government Increases Cocoa Producer Price to GHS3,625 Per Bag for 2025/26 Season
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Business

Government Increases Cocoa Producer Price to GHS3,625 Per Bag for 2025/26 Season

The Government of Ghana has announced an upward adjustment in the producer price of cocoa for the 2025/2026 crop season, offering relief to farmers across the country. Following consultations with stakeholders, the Producer Price Review Committee (PPRC), chaired by the Minister for Finance, Dr. Cassiel Ato Forson, has increased the price from the previously announced GHS3,228.75 per bag to GHS3,625 per bag, equivalent to GHS58,000 per tonne. This new price represents an increment of about GHS400 per bag, translating into a 12.27 percent rise compared to the earlier figure announced on August 4, 2025. The new producer price will take effect from Friday, October 3, 2025. Dr. Forson assured that while margins, fees, and rates to other stakeholders remain unchanged, government remains...
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Government Settles GH¢9.7 Billion Coupon Under Domestic Debt Exchange Programme
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Business

Government Settles GH¢9.7 Billion Coupon Under Domestic Debt Exchange Programme

The Ministry of Finance has confirmed the successful settlement of a coupon payment worth GH¢9.7 billion under the Domestic Debt Exchange Programme (DDEP). According to the Ministry, the total payment made on Tuesday, August 19, 2025, amounted to GH¢9,698,815,220.17, pushing cumulative disbursements under the DDEP for this year alone to approximately GH¢19.4 billion. Officials say the move highlights government’s determination to honour commitments made under the Memorandum of Understanding governing the DDEP, a policy designed to restructure the country’s domestic debt. “This payment demonstrates government’s unwavering commitment to meeting its obligations under the programme,” the Ministry stated, adding that the action is expected to boost investor confidence and reinforce fis...
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Finance Ministry Invites Public Contributions to 2026–2029 National Budget
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Business

Finance Ministry Invites Public Contributions to 2026–2029 National Budget

The Ministry of Finance (MoF) has called on the general public, business associations, professional bodies, financial institutions, civil society organizations, and faith-based groups to submit proposals for consideration in the preparation of the 2026–2029 Budget Statement and Economic Policy. In a statement issued in Accra, the Ministry expressed appreciation for the valuable contributions stakeholders have made to past national budgets and reiterated its commitment to ensuring broad citizen participation in the budget process. The Ministry announced that preparations for the 2026–2029 budget are already underway, ahead of its presentation to Parliament by November 15, 2025. The call for input, it said, aligns with government’s goal of developing inclusive policies that respond to ...
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President Mahama Appoints Acting Ministers for Defence and Environment Portfolios Following Tragic Loss
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Politics

President Mahama Appoints Acting Ministers for Defence and Environment Portfolios Following Tragic Loss

President John Dramani Mahama has appointed two senior government officials to assume additional ministerial responsibilities following the tragic helicopter crash that claimed the lives of Ghana’s Minister for Defence and Minister for Environment, Science, and Technology. In a statement issued by Felix Kwakye Ofosu, MP and Spokesperson to the President and Minister for Government Communications, it was announced that: Hon. Dr. Cassiel Ato Forson, current Minister for Finance, will assume additional responsibilities as Acting Minister for Defence. Hon. Emmanuel Kofi Armah Buah, Minister for Lands and Natural Resources, will now also serve as Acting Minister for Environment, Science, and Technology. The appointments come in the wake of the tragic helicopter crash on August 6, ...
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Ghana Pays US$349.52 Million Eurobond Debt, Completes 2025 Obligations
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Business

Ghana Pays US$349.52 Million Eurobond Debt, Completes 2025 Obligations

The Government of Ghana has successfully completed its scheduled Eurobond debt service obligations for the year 2025, with a final payment of US$349.52 million made today through the Bank of Ghana. This was announced in an official statement from the Ministry of Finance, confirming that a total of US$349,523,674.56 was paid on Thursday, July 3, 2025, as part of Ghana’s ongoing commitment to its post-restructuring debt obligations. The latest payment brings Ghana’s cumulative Eurobond debt service since the country’s debt restructuring in October 2024 to US$1.174 billion, broken down as follows: October 2024: US$475.60 million – Initial payment following the restructuring agreement. January 2025: US$349.52 million. July 2025: US$349.52 million. With these payments, the g...
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Ghana-India trade hits $3 billion amid strong bilateral ties – Foreign Minister
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Business

Ghana-India trade hits $3 billion amid strong bilateral ties – Foreign Minister

Trade between Ghana and India has reached an impressive $3 billion with Ghana maintaining a favourable balance, Foreign Affairs Minister Samuel Okudzeto Ablakwa disclosed on Monday ahead of the historic state visit of Indian Prime Minister Mr Shri Narendra Modi. In addition to the strong trade performance, Mr. Ablakwa highlighted India’s longstanding role as a trusted development partner, having extended to Ghana lines of credit exceeding US$450 million over the past two decades. These credit facilities, he said, had supported numerous transformative projects across sectors such as energy, agriculture, ICT, transport, and education, a testament to the depth of India-Ghana economic cooperation. Mr. Ablakwa, speaking at a press brifing in Accra, said the visit is expected to further...
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Put differences aside in finding solutions to economic challenges – Finance Minister
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Business

Put differences aside in finding solutions to economic challenges – Finance Minister

Ghanaians have been urged to put their differences aside in finding solutions to the country's current economic challenges. Dr Cassiel Ato Forson, the Minister of Finance, who made the call, said there was the need to forge ahead, as a people, and put together a policy to guide efforts in tackling the economic woes. Speaking during the National Economic Dialogue on Monday in Accra to help address the challenges, Dr Forson said since no one person was a repository of knowledge, it was incumbent on all Ghanaians to support to change the situation. He said the dialogue, similar to the one held 10 years ago at Senchi in the Eastern Region, was to reflect on the economic challenges, address them and plan for the future. It would use dialogue, among other things, to reset the economy...
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