Ministry of Finance and Economic Planning (Ghana)

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Ministry of Finance and Economic Planning, Ghana
Agency overview
Formed1957
Jurisdiction Republic of Ghana
HeadquartersFlag of Ghana.svg  Ghana
Minister responsible
Website Official website

The Ministry of Finance and Economic Planning is the government ministry responsible for the economic and monetary health of Ghana. The Ministry is involved with economic planning, fiscal policy, national accounting, the national budget, and creating an environment for investment and growth. [1]

Contents

The main offices of the Ministry are located in Accra. [2]

History

Komla Agbeli Gbedemah was the first Finance Minister of independent Ghana under Kwame Nkrumah [3] [4] between 1954 and 1961.

E-levy

In the 2022 budget reading, Ken Ofori Atta made it known that the government had decided a 1.75% rate of the E-levy on all transactions. [5]

Departments and agencies

[6] The following are government agencies of the Ministry:

The Ministry has the oversight responsibilities with regard to:

Divisions under the ministry include:

List of ministers

The first Ghanaian to head this ministry is Komla Agbeli Gbedemah who assumed this position in 1954 when the Britain allowed Kwame Nkrumah to form a government prior to gaining full independence in 1957. The Ministry has at various times been designated as Ministry of Finance or as it is currently, the Ministry of Finance and Economic Planning.

NumberMinisterTook officeLeft officeGovernmentParty
1 Komla Agbeli Gbedemah (MP)

(First Ghanaian in this position)

19541957Colonial government Convention People's Party
19571961 Nkrumah government
2 Ferdinand Koblavi Dra Goka (MP)19611964
3 Kwesi Amoako-Atta (MP)19641966
4 Akwasi Afrifa
Emmanuel Noi Omaboe 		19661969 National Liberation Council Military government
5 Joseph Henry Mensah (MP)19691972 Busia government Progress Party (Ghana)
6 Ignatius Kutu Acheampong 1972? National Redemption Council Military government
7 Amon Nikoi ??
8 Robert K. A. Gardiner 14 October 1975May 1978 Supreme Military Council (Ghana)
9 J. L. S. Abbey ?1979
19791979 Armed Forces Revolutionary Council
10 Amon Nikoi 19791981 Limann government People's National Party
11 George Benneh May 1981December 1981
12 Kwesi Botchwey 19821993 Provisional National Defence Council Military government
19931995 Rawlings government National Democratic Congress
13 Richard Kwame Peprah 19952001
14 Yaw Osafo-Maafo 20012005 Kufuor government New Patriotic Party
15 Kwadwo Baah Wiredu 20052007
16 Anthony Akoto Osei 20072009
17 Kwabena Duffuor 20092012 Mills government National Democratic Congress
20122013 Mahama government
18 Seth Terkper 20136 January 2017
19 Ken Ofori-Atta [8] 27 January 201714 February 2024 Akufo-Addo government New Patriotic Party
20 Mohammed Amin Adam 14 February 20246 January 2025 Akufo-Addo government New Patriotic Party
21 Cassiel Ato Forson January 2025Incumbent John Mahama National Democratic Congress (Ghana)

See also

References

  1. ↑ Ministry, Mission Archived 2009-01-30 at the Wayback Machine
  2. ↑ Ministry, Contacts Archived 2009-01-29 at the Wayback Machine
  3. ↑ "Komla Agbeli Gbedemah | the Daily Dose".
  4. ↑ "Komla Agbeli Gbedemah, Biography". www.ghanaweb.com. Retrieved 2023-08-24.
  5. ↑ "https://www.modernghana.com/news/1120021/what-is-the-e-levy.html".{{cite news}}: External link in |title= (help)
  6. ↑ "Departments & Agencies | Ministry of Finance | Ghana". www.mofep.gov.gh. Retrieved 2024-11-12.
  7. ↑ "Bank of Ghana, Biography". mobile.ghanaweb.com. Retrieved 2023-07-28.
  8. ↑ "Nana Addo swears in 12 ministers". Ghanaweb. Ghanaweb. 28 January 2017. Retrieved 16 November 2017.
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