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Govt to roll out economic rescue programme—Finance Minister

The government is developing a three-year COVID-19 alleviation programme to be known as “The Ghana Cares Programme” to help rescue the economy from the clutches of the coronavirus pandemic.
The impact of the coronavirus disease on the Ghanaian economy could last for three years, the government had predicted.
“To address this, the President has directed the Ministry of Finance to come up with stabilisation and a revitalisation plan for the country.
“In this regard, the Ministry of Finance is developing a three-year COVID-19 alleviation and revitalisation of enterprise support programme; ‘The Ghana Cares Programme’ to help stabilise and revitalise the country’s economy.
“We are confident that this programme will lead us on a journey of achieving a Ghana Beyond Aid,” Finance Minister, Ken Ofori-Atta told Parliament in Accra yesterday.
Mr Ofori-Atta made this known in an explanatory statement when he laid a report on the limit of borrowing by government under subsection (6) of Section 30 of the Bank of Ghana Act in the coronavirus emergency.
According to him, the Bank of Ghana had released GH¢5.5billion of a GH¢10 billion COVID-19 support fund in line with the emergency financing provisions under the Bank of Ghana Act, to deal with shocks that had accompanied the coronavirus pandemic.
The coupon rate, he said, was pegged at the prevailing monetary policy rate with a 10-year tenure and a two-year moratorium on both principal and interest payment.
Government, Finance Minister said remains unwavering in protecting lives and sustaining livelihoods and rebuilding the country’s agric and industrial sector so as to position the country on the path of growth.
“Mr Speaker, these are sobering times and a test of our own humanity and how to be our brothers’ keeper,” he preached.
Even as the country develops the ‘Ghana Cares Programme’, he said it was time burdens were shared for the common good of the country.
“Whatever stimulus package would help us claw back our five per cent GDP that we’ve lost, Mr Speaker, we intend to do it.
“It is a period of sacrifice; burden sharing and we have to avoid any spiritual stupor by ensuring that everyone is taken care of.
“In this vein, we would like to live on some of Gandhi’s principles – a period of three years of politics with principles, wealth that comes from work, commerce that is through morality, pleasure that is conscionable, education of character, science that has a human face and work that has sacrifice attached to it.
“We are confident that we will come out of this much stronger and much greater. So we remain more hopeful that our land will overflow with prosperity and we will leave no one behind as we build a greater society.”
The programme is a top-up to the GH¢1 billion Coronavirus Alleviation Programme Business Support Scheme to cushion small and medium scale enterprises against the vagaries of the coronavirus pandemic.
BY JULIUS YAO PETETSI
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Big Ghun and Doreen Avio set to unveil Scarlett Unveiled Auditions on May 23, 2026

Accra’s creative industry is preparing for one of the most ambitious film projects in recent Ghanaian cinema as award winning filmmaker Big Ghun and acclaimed media personality and producer Doreen Avio officially open auditions for their upcoming feature film, Scarlett Unveiled.
The highly anticipated auditions will take place on Saturday, May 23, 2026, from 8:00 AM to 7:00 PM at MCB Studios, Lapaz Tabora, with actors of all ages invited to participate.
Presented by PB Studios Africa, Scarlett Unveiled is a bold and emotionally charged Ghanaian creative project.
The project is expected to resonate strongly with young audiences in Ghana and across the diaspora..
The production is being developed in collaboration with the Embassy of Switzerland in Ghana, which is supporting the project’s executive launch.
Renowned textile brand Woodin has also come on board as the official clothing partner, while MCB Studios is serving as a support partner for the audition process.
According to Big Ghun, known for directing internationally recognized projects such as Koro (One), Leaked, and Vibes the Movie, Scarlett Unveiled is designed to become a landmark cultural production that will travel from cinema screens to schools and global platforms.
Producer Doreen Avio, one of Ghana’s most respected media personalities and event hosts, says the project aims to discover both established and emerging actors who can bring authenticity and emotional depth to the story.
She added that “This is more than an audition,” the producers say. “It is an opportunity for talented individuals to become part of a one of a kind Ghanaian story with the potential to inspire audiences around the world.”
Interested participants are encouraged to come with a passport sized photograph and be prepared to showcase their talent and confidence before the casting team.
With an award winning creative team, respected institutional partners, and a story rooted in truth and transformation, Scarlett Unveiled is shaping up to be one of Ghana’s most significant cinematic undertakings in the coming year.
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Just In: Parliament confirms detention of Asante Akyem North MP in Netherlands

Parliament has confirmed that the Member of Parliament for Asante Akyem North, Kwame Ohene Frimpong, has been detained at Schiphol Airport in Amsterdam, Netherlands.
In a statement signed by the Clerk to Parliament, Ebenezer Ahumah Djietror, Parliament said the incident had been brought to the attention of the House leadership.
According to the statement, the Speaker of Parliament and the leadership of the House are currently in contact with Ghana’s Mission in The Hague to gather detailed information about the matter.
Parliament, however, did not disclose the reasons behind the MP’s detention.
“The public will be duly informed appropriately on this matter,” the statement added.
By: Jacob Aggrey




