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]
| Agency overview | |
|---|---|
| Formed | 1957 |
| Jurisdiction | Republic of Ghana |
| Headquarters |  Ghana |
| Minister responsible |
|
| Website | Official website |
The main offices of the Ministry are located in Accra.[2]
History
editKomla Agbeli Gbedemah was the first Finance Minister of independent Ghana under Kwame Nkrumah[3][4] between 1954 and 1961.
Departments and agencies
editThe 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)[5]
- 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
List of ministers
editThe 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.
See also
editReferences
edit- ^ Ministry, Mission Archived 2009-01-30 at the Wayback Machine
- ^ Ministry, Contacts Archived 2009-01-29 at the Wayback Machine
- ^ "Komla Agbeli Gbedemah | the Daily Dose".
- ^ "Komla Agbeli Gbedemah, Biography". www.ghanaweb.com. Retrieved 2023-08-24.
- ^ "Bank of Ghana, Biography". mobile.ghanaweb.com. Retrieved 2023-07-28.
- ^ "Nana Addo swears in 12 ministers". Ghanaweb. Ghanaweb. 28 January 2017. Retrieved 16 November 2017.