Amin Adam

Amin Adam Kicks Against Africa’s Heavy Investment In Foreign Lands
03 Jun

Amin Adam Kicks Against Africa’s Heavy Investment In Foreign Lands

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June 1, GNA – Ghana’s Finance Minister, Dr Mohammed Amin Adam, has kicked against African governments investing significantly in foreign financial institutions using money earned from its most resource-rich sectors. Rather, he called for the establishment of Regional Funds to draw financial resources for infrastructure development to propel intra-Africa trade, and help solve the recurring economic crisis on the continent. The Minister, while indicating that the country had enough resources, bemoaned the rate at which many countries saved money in international financial institutions, depriving the continent of needed funds for development. He was speaking with the media on the margins…
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Size Of Ghana’s Economy Hits GH¢841.63Bn In 2023 – GSS
21 Mar

Size Of Ghana’s Economy Hits GH¢841.63Bn In 2023 – GSS

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The size of Ghana’s economy stood at GH¢841.63 billion in 2023, the Ghana Statistical Services has revealed. This includes net indirect taxes estimated at GH¢58.74 billion. In 2022, the size of the country’s economy or Gross Domestic Product was estimated at GH614.33 billion. According to the Ghana Statistical Services, the services sector constituted the biggest sector, accounting for GH¢357.34 billion. This represented 45.6% contribution to GDP. Industry followed with GH¢247.941 billion, about 31.7% contribution to GDP. Agriculture was estimated at GH¢177.606. billion (22.7% contribution to GDP). The top five Sub-Sectors by Share of GDP were Crops (19.4%), Trade; Repair of…
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We Will Build Stronger Collaboration With IMF Towards Ghana’s Economic Resilience – Amin Adam
18 Mar

We Will Build Stronger Collaboration With IMF Towards Ghana’s Economic Resilience – Amin Adam

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Finance Minister, Dr. Mohammed Amin Adam, has expressed confidence in building a stronger collaboration with the International Monetary Fund towards Ghana’s economic resilience and accelerating sustainable and inclusive growth. This he believes will ensure a more prosperous future for all Ghanaians. His comments follows the arrival of the Managing Director of the IMF, Kristalina Georgieva, in Ghana last night. In a post shared this morning on his X social media handle, @oofm, Dr Adam stated that he was looking forward to “bilateral discussions and stronger collaboration towards building Ghana’s economic resilience,  and accelerating sustainable and inclusive growth, to ensure a…
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Amin Adam Interacts With The Ministry Of Finance Staff
19 Feb

Amin Adam Interacts With The Ministry Of Finance Staff

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On Monday, February 19, 2024, Finance Minister-designate, Mohammed Amin Adam assumed office and interacted with the staff of the ministry. Amin Adam was among the more than 20 ministers of state who were recently appointed by President Nana Addo Dankwa Akufo-Addo. The Office of the Finance Minister shared a post showing the Minister in a meeting with the leadership of the ministry. “A very productive management meeting at the Ministry of Finance this morning. Honoured to be leading such a great team!” they captioned. See post below: A very productive management meeting at the Ministry of Finance this morning. Honoured…
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I’ll Not Depart From IMF Programme – Amin Adam
15 Feb

I’ll Not Depart From IMF Programme – Amin Adam

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The Finance Minister, Dr. Mohammed Amin Adam, has reaffirmed the government’s commitment to the ongoing programme with the International Monetary Fund (IMF). He has assured that there will be no deviation from the established path. In the wake of a ministerial reshuffle, Dr. Amin Adam, assuming the role of Finance Minister, stressed continuity in collaboration with the IMF. “If you look at the budget that was presented this year, there were a number of pro-poor initiatives, and I do not intend to depart from those pro-poor initiatives,” stated Dr. Amin Adam. “And I will ensure that business follows as usual…
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Amin Adam Replaces Ofori-Atta As Finance Minister
14 Feb

Amin Adam Replaces Ofori-Atta As Finance Minister

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Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has been announced as the new Minister of Finance. He takes over from Ken Ofori-Atta who was relieved of his duties by President Nana Addo Dankwa Akufo-Addo in a major government reshuffle on Wednesday. In February 2023, Dr Mohammed Amin Adam was announced Minister of State at the Finance Ministry as a replacement of Charles Adu Boahen who was removed following a corruption expose by investigative journalist Anas Aremeyaw Anas. Amin Adam’s Profile Dr. Mohammed Amin Adam is an Economist, Energy and Petroleum Policy Expert, and Resource Governance Advocate.…
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