Author: Krobea

Former Finance Minister Dr Mohammed Amin Adam has claimed that the government’s decision to pursue an IMF Policy Coordination Instrument (PCI) was necessitated by shortcomings in implementing structural reforms. Addressing Parliament during debate on Ghana’s exit from the IMF programme, Dr Amin Adam argued that the PCI arrangement reflects concerns by the IMF regarding reform implementation. “The reason this government opted for the PCI is that number one, the PCI is more about reforms and that is why they are not going to give you money,” he said. The Karaga MP expressed surprise that government had agreed to undertake IMF-monitored…

Former Finance Minister Dr Mohammed Amin Adam has criticised the government’s economic management, arguing that key fiscal and monetary objectives have not been achieved despite claims of macroeconomic stability. Speaking in Parliament, the Karaga MP said government had fallen short of important revenue mobilisation targets under the IMF-supported programme. “They were supposed to achieve a target as far as revenue to GDP is concerned, they have brought it down to 13%, they failed,” he said. Dr Amin Adam also questioned the government’s claims of economic stability, insisting that improvements in inflation had not translated into lower borrowing costs. “Stability, when…

Former Finance Minister Dr Mohammed Amin Adam has accused the government of introducing new taxes while claiming credit for abolishing what it described as nuisance taxes. Speaking during parliamentary debate on Ghana’s exit from the IMF programme, the Karaga MP challenged claims by the Finance Minister that the government had reduced the tax burden on Ghanaians. Dr Amin Adam cited several levies and taxes which he said had either been introduced or extended under the current administration. “I am very surprised that the Majority side of this House doesn’t know new taxes were introduced,” he said. Among the measures he…

Former Finance Minister and Member of Parliament for Karaga Dr Mohammed Amin Adam has strongly rejected claims by the current Finance Minister that Ghana’s IMF-supported programme derailed under the previous Akufo-Addo administration. Contributing to the debate on the Finance Minister’s statement on Ghana’s exit from the International Monetary Fund (IMF) programme, Dr Amin Adam described the assertion as inaccurate and inconsistent with the IMF’s own assessment of the programme. According to him, the IMF’s Fourth Review report demonstrated that Ghana met all six performance criteria under the programme by the end of 2024. “Mr Speaker, in the Finance Minister’s statement,…

The Ghana Medical Trust Fund (GMTF) has intensified calls for international support to expand access to specialised healthcare, using the remarkable recovery of three-year-old Delshad Alukure as a powerful example of the Fund’s transformative impact. Speaking at the ongoing Ghana-UK Investment Summit in London, Administrator of the GMTF Adjoa Obuobia Darko-Opoku said the Fund is changing lives by removing financial barriers that prevent many Ghanaians from accessing critical medical treatment. Delshad, who was born with two life-threatening heart conditions — Double Outlet Right Ventricle (DORV) and Patent Ductus Arteriosus (PDA) — faced an uncertain future after doctors determined that he…

J. A. Plant Pool Ghana Limited and its Executive Chairman, Dr. Joseph Siaw Agyepong, has served notice of vigorously defending a suit filed by the Attorney General.  The suit is seeking to recover a sum of $2 million from the company for apparently no work done in a contract under the District Road Improvement Programme (DRIP). “Given the widespread publication of the suit in the media even before it was served on JA Plant Pool (GH) Limited and Dr. Joseph Siaw Agyepong, and the Court has had the opportunity of determining same, severe and unjustified reputational damage has been caused…

Black Stars Head Coach Carlos Queiroz has announced his final squad for the upcoming FIFA World Cup. The 2010 World Cup quarter-finalists released their final squad on Monday ahead of a friendly on Tuesday, June 2. The squad had no major changes from the one assembled for the Wales friendly with defender Alexander Djiku the only player to be replaced due to injury. In comes Derrick Luckassen of Pafos. Two of the five goalkeepers called up were dropped as Benjamin Asare despite recent errors keeps his place in the squad. Find below the 26-man squad: GOALKEEPERS: Benjamin Asare, Lawrence Ati-Zigi…

Ghana’s High Commission in Pretoria has suspended registration for nationals wishing to return home as a result of xenophobic attacks in South Africa. The High Commission says the decision takes effect from Tuesday, June 2. “The temporary suspension is to enable the High Commission and the Home Affairs process and screen the large number of applications already received,” a statement issued by the High Commission said on Monday, June 1. It noted that over 1,500 Ghanaians have registered and their verification and processing are underway. The date of the next phase of registration “will be communicated in due course”. The…

Black Stars Head Coach Carlos Queiroz has revealed that Spartak Moscow defender Alexander Djiku has been placed in the Black Stars. “We have to make a decision and replace [Alexander] Djiku and it doesn’t matter which player I call,” the Portuguese told journalists at the Cardiff City Stadium on Monday. The former Fenerbahce defender is said to have picked up an injury in camp. This leaves Queiroz with a few center backs to work with after Mohammed Salisu suffered an ACL earlier in the year. “Now, we are going to have triple center backs in camp and you saw them…

The government has advised Ghanaian nationals to exercise extreme caution in their travel plans to South Africa. It further warns that non-essential travels should be avoided until further notice. This follows recent xenophobic attacks targeted at Africans by groups presenting themselves as anti-immigrant vigilantes in South Africa. Some Ghanaians have become victims of these attacks with government evacuating some nationals from the country. “Ghanaian nationals in the country are urged to maintain regular contact with the Ghana High Commission for consular services,” a travel advisory issued by the Ministry of Foreign Affairs on Monday, June 1 said. It further assured…