New Patriotic Party (NPP) flagbearer hopeful Dr. Mahamudu Bawumia says Ghana’s future development will be driven by bold ideas and innovation, not the amount of money available to government. Addressing supporters in Ketu South, the former Vice President argued that transformative progress comes from creative thinking and technology-backed reforms—principles he said guided many of the initiatives he spearheaded while in office. “It is not the money in your pocket that will allow you to transform Ghana. It is the ideas in your head,” he said. Digital Reforms Cited as Key Achievements Dr. Bawumia highlighted several digital innovations implemented under the…
Author: MasemTV Newsroom
Director of Communications for the New Patriotic Party (NPP), Richard Ahiagbah, has dismissed Finance Minister Dr. Cassiel Ato Forson’s assertion that the Mahama administration inherited an economy “in distress,” describing the claim as false and highly disingenuous. Speaking on Channel One TV’s The Big Issue, Ahiagbah argued that the current administration is benefiting from the economic recovery efforts initiated by the previous NPP government before leaving office. He said the fiscal stability reflected in the 2026 Budget is a direct outcome of disciplined economic management under the NPP—reinforced by frameworks put in place during the IMF-supported programme. “The Data Shows…
The Member of Parliament for Salaga South, Hon. Zuwera Mohammed Ibrahimiah, has raised concerns about the growing number of high-rise billboards along major highways and the lack of proper regulations to safeguard workers involved in their construction. Addressing the media, Hon. Zuwera Mohammed Ibrahimiah commended the MP for Domeabra-Obom, Hon. Isaac Awuku, for his timely statement on the issue. She noted that many critical matters in the country are often taken for granted, especially those relating to industry and business operations. According to her, there is no doubt that the increasing number of high-rise buildings and towering billboards across the…
Finance Minister Dr. Cassiel Ato Forson has revealed that although the Mahama administration has initiated the process to procure a new presidential jet, President John Mahama will not be in office by the time the aircraft is delivered. Speaking on TV3’s Key Points on Saturday, November 15, Dr. Forson stressed that presidential jet acquisitions typically take several years, meaning the next government—not the current one—will be the ultimate beneficiary. “The amount of money we spent in the past chartering private jets could have bought a new one,” Dr. Forson said. “In the coming weeks, we will be presenting those agreements…
Chairman of Parliament’s Finance Committee and MP for Bolgatanga Central, Isaac Adongo, has criticised Ghana’s persistent failure to learn from past tragedies, following the deadly stampede at the El-Wak Stadium during a military recruitment exercise. The incident, which claimed six lives and left several others in critical condition, has sparked widespread concern about the country’s preparedness and safety protocols for large-scale public events. Speaking on Joy News’ Newsfile, Mr. Adongo described the development as a “national tragedy,” but said the disaster also reflects a deeper national problem—Ghana’s consistent inability to reflect on past mistakes and improve. “To be honest, what…
Technical Advisor at the Ministry of Finance, Dr. Theo Acheampong, says the 2026 Budget Statement has been deliberately structured to consolidate ongoing reforms and boost productivity as Ghana transitions into a new phase of economic rebuilding. Speaking on Citi FM’s The Big Issue on Saturday, November 15, following the presentation of the 2026 Budget to Parliament, Dr. Acheampong said recent economic turbulence made it necessary for the government to “fundamentally” reset the economy and strengthen structural reforms. “We have come from a particular place—a place where the severe challenges we had with the economy, particularly over the 2022–2023 period and…
IMANI Africa President Franklin Cudjoe has commended Finance Minister Dr. Cassiel Ato Forson for what he describes as the fastest and most significant reduction of Ghana’s public debt in over a decade. Delivering the 2026 Budget Statement to Parliament on Thursday, November 13, Dr. Forson announced that Ghana’s total public debt had declined sharply from GH₵726.7 billion (61.8% of GDP) in 2024 to GH₵630.2 billion (45% of GDP) by October 2025. “For the first time in over a decade, we have recorded a negative rate in debt accumulation—from a positive 19.1 percent in 2024 to a negative 13.3 percent in…
President John Dramani Mahama has inaugurated a new Hajj Board chaired by Alhaji Ibrahim Tanko, tasking its members to run Ghana’s annual pilgrimage with integrity, professionalism and modern efficiency. Speaking during the swearing-in ceremony, President Mahama outlined five key priorities the Board must deliver on: early planning, transparency and accountability, the welfare and safety of pilgrims, courtesy and discipline among officials, and effective stakeholder communication. Early, predictable planning The President urged the Board to begin preparations for the next Hajj immediately to avoid the last-minute adjustments that have often triggered confusion and anxiety among prospective pilgrims. He said schedules, registration…
The Minority in Parliament has accused the International Monetary Fund (IMF) of failing to enforce its own fiscal rules, allowing the government to breach key commitments under Ghana’s ongoing economic programme. Speaking for the New Patriotic Party (NPP), former Finance Minister Dr. Mohammed Amin Adam alleged that the Bank of Ghana (BoG) is engaging in prohibited monetary financing by funding GoldBod—an action he says violates explicit IMF conditions. “When the IMF will sleep and allow the government to deviate from the formula which the IMF agreed with us for determining the primary balance, we shouldn’t say it?” Dr. Adam questioned.…
The Minority in Parliament has taken a swipe at the government’s handling of the cedi, insisting that despite injecting billions of dollars into the foreign exchange market, the national currency remains weak and unstable. Addressing journalists on Friday, November 14, former Finance Minister Dr. Amin Adam said the scale of forex interventions should have produced far stronger results. “With the significant billions of dollars of interventions, we expected the rate to be at GH₵8 to a dollar,” he said. “The market’s muted response reveals a sophisticated understanding that currency strength cannot be purchased; it must be earned through sound economic…