Tag Archives: Finance Minister

Ghana’s power supply is anticipated to stabilise following a recently renegotiated agreement between the government and Independent Power Producer, Sunon Asogli. The new deal, announced by Finance Minister Dr. Mohammed Amin Adam, seeks to resolve power disruptions that arose from a financial impasse between Sunon Asogli and the Electricity Company of Ghana (ECG). Sunon Asogli’s 560-megawatt power plant had been ...

The Finance Minister, Ken Ofori-Atta, says the banking sector reforms undertaken by government in 2017 and 2018, has strengthened local banks, making them more resilient to shocks. Assessing the balance sheets of local banks currently, the Finance Minister argued that the financial health of Ghanaian-owned banks are stronger compared to the period before the cleanup exercise. Mr. Ofori-Atta, who made ...