Ministry of Finance and Economic Planning (Ghana)

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Ministry of Finance and Economic Planning, Ghana
Agency overview
Formed 1957
Jurisdiction Republic of Ghana
Headquarters  Ghana
Ministers responsible Hon. Seth Terkper
Cassiel Ato Forsona
Agency executive Mona Quartey
Website Official website
Coat of arms of Ghana.svg
This article is part of a series on the
politics and government of
Ghana

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]

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

History[edit]

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

Departments and agencies[edit]

The following are government agencies of the Ministry:

  • Securities and Exchange Commission
  • Institute of Accountancy Training
  • Internal Revenue Service (IRS)
  • Value Added Tax Service (VATs)
  • Customs, Excise and Preventive Service (CEPS)

The Ministry has the oversight responsibilities with regard to:

  • Bank of Ghana (BOG)
  • National Lotteries Authority (NLA)
  • Public Procurement Board (PPB)
  • Ghana Cocoa Board (GCB)
  • Revenue Agencies Governing Board (RAGB)

Divisions under the ministry include:

  • Advisor(s)
  • Budget
  • Debt Management
  • Economic Research & Forecasting
  • External Economic Relations
  • Financial Sector
  • General Administration
  • Information and Communication Technology (ICT) Directorate
  • Internal Audit
  • Legal
  • Public Investment
  • Real Sector

See also[edit]

References[edit]

External links[edit]