News
President Mahama sets up and chairs presidential advisory group on the economy
President John Dramani Mahama has set up and will personally chair a new Presidential Advisory Group on the Economy (PAGE) to help guide Ghana’s economic recovery and growth.
In a statement issued by the Presidency on Thursday, January 15, 2026, the government said the move is part of its commitment to restore macroeconomic stability, strengthen fiscal discipline, and promote inclusive and job-creating economic growth.
The advisory group will support the implementation of key government programmes such as the 24-Hour Economy, the Accelerated Export Development Programme, and the Reset Agenda.
According to the statement, PAGE has been formed to provide independent, non-partisan and expert advice to the President on major economic issues.
It said the group will draw on both national and international experience to ensure sound economic management and evidence-based decision-making.
“The establishment of PAGE reflects the President’s resolve to draw on deep national and international expertise to support sound economic governance and strategic policy coordination,” the statement noted.
The Presidency explained that the group will advise the President on macroeconomic management, fiscal consolidation, debt sustainability, and how to ensure harmony between fiscal and monetary policies.
It will also provide guidance on industrial development, competitiveness, export growth, private sector expansion, investment mobilisation, and sustainable job creation.
In addition, PAGE will support the planning and implementation of the 24-Hour Economy and the Accelerated Export Development Programme.
It will also conduct regular reviews of Ghana’s economic performance and propose policy changes where necessary.
The group is expected to contribute to Ghana’s engagements with international financial institutions, development partners, and investors.
“The group shall report directly to the President and submit advisory memoranda and briefs as and when requested,” the statement said.
Membership of the advisory group includes respected personalities from academia, public service, and the private sector.
They are: Vice President, Prof. Jane Naana Opoku-Agyemang, Mr. Ishmael Yamson, private sector leader, Mr. Kwame Pianim, economist and private sector leader, Ms. Nana Oye Mansa Yeboaa, former Deputy Minister of Finance and Trade and Industry, Dr. Kwabena Duffuor, former Governor of the Bank of Ghana and former Finance Minister, Sir Samuel Esson Jonah, industrialist, Mr. Ato Brown, former World Bank infrastructure specialist,”.
The rest are, Dr. Henry A. Kofi Wampah, former Governor of the Bank of Ghana, Togbe Afede XIV, economist and private sector leader, Ms. Abena Amoah, Chief Executive Officer of the Ghana Stock Exchange, Prof. Priscilla Twumasi Baffour, university professor and Prof. Patience Aseweh Abor, PhD, university professor.
The statement added that formation of PAGE shows the President’s strong commitment to inclusive growth, economic stability, and long-term national development.
By: Jacob Aggrey
The National Health Insurance Authority (NHIA) has temporarily suspended three pharmacies from providing services under the National Health Insurance Scheme (NHIS) over suspected irregularities in claims and service transactions.
The affected pharmacies are Deldem Pharma Limited, Paramedica Pharmacy and Desh Chemist.
According to a public notice issued by the NHIA on May 14, the suspension took immediate effect.
The Authority explained that a routine claims verification exercise uncovered what it described as “material irregularities” linked to claims and service transactions involving the three facilities.
It stated that the findings raised reasonable suspicion of fraud and abuse under the NHIS Provider Service Agreement.
As part of the suspension, the pharmacies are not allowed to provide healthcare services or dispense medicines under the NHIS until further notice.
The NHIA advised NHIS members who need pharmaceutical services to seek care from other accredited providers across the country.
In the statement signed by the Chief Executive of the NHIA, Victor Asare Bampoe, the Authority warned all credentialed healthcare providers against engaging in fraudulent practices that could threaten the sustainability of the scheme.
It stressed that healthcare providers who defraud or attempt to defraud the NHIS commit an offence punishable by a fine, imprisonment of up to 10 years, or both upon conviction.
The NHIA reaffirmed its commitment to transparency, accountability and the proper use of public funds in delivering quality healthcare services to Ghanaians.
By: Jacob Aggrey
The Black Starlets were left frustrated after surrendering a commanding two-goal advantage to draw 2-2 with Algeria in their opening Group D match at the TotalEnergies CAF U-17 Africa Cup of Nations Morocco 2026.
The Black Starlets made a dream start to the encounter, taking the lead just two minutes after kickoff through Yao Gavi Robinho.
The youngster reacted quickest in the area to put Ghana ahead and set the tone for what looked to be a dominant evening for Dr. Prosper Narteh Ogum’s side.
Eight minutes later, Eric Adu Gyamfi produced a moment of pure brilliance that instantly lit up the tournament.
Spotting the Algerian goalkeeper off his line, the midfielder unleashed an audacious long-range volley from the center area that sailed beautifully into the net to double Ghana’s advantage in spectacular fashion.
With confidence flowing through the team, the Black Starlets continued to create numerous opportunities and should have extended their lead before halftime. However, wastefulness in front of goal kept Algeria alive in the contest despite Ghana’s dominance in the opening half.
The second half, however, told a completely different story as Algeria returned with renewed energy and intensity. The North Africans pushed forward relentlessly and gradually turned the game around with two goals before the 70th minute to draw level against a stunned Ghanaian side.
Algeria were later handed a golden opportunity to complete the comeback after being awarded a penalty, but the effort was blasted wide.
The result leaves South Africa at the top of Group D following their victory over Senegal in the other group fixture.
The Starlets will now shift attention to their crucial second group game against Senegal on May 17 as they aim to bounce back and revive their campaign.
GFA COMMUNICATIONS
[13:37, 15/05/2026] Edem: Ghana concludes IMF bailout programme, shifts to policy coordination instrument
The Government of Ghana has announced the successful completion of its Extended Credit Facility bailout programme with the International Monetary Fund (IMF), marking what it describes as the end of the country’s financial bailout relationship with the Fund.
In a statement issued by the Presidency Communications Office on Friday, government explained that the country would now transition to a non financing Policy Coordination Instrument (PCI) arrangement with the IMF.
According to the statement signed by Felix Kwakye Ofosu, spokesperson to President John Dramani Mahama and Minister for Government Communications, the conclusion of the programme reflects the restoration of macroeconomic stability and debt sustainability ahead of schedule.
The statement noted that after the IMF programme was derailed at the end of 2024, the Mahama administration introduced strict fiscal measures, expenditure controls and structural reforms in 2025 to bring the programme back on track.
Government indicated that the measures have led to a significant reduction in inflation, a stronger cedi, lower public debt levels and improved economic growth.
It stated that Ghana’s sovereign credit ratings had improved from restricted default status to a “B” rating with a positive outlook, representing what it described as five levels of upgrades.
According to the statement, Ghana’s gross international reserves rose to about 14.5 billion dollars by February 2026, providing nearly six months of import cover.
Government explained that the reserves would help the country withstand external economic shocks and strengthen economic stability.
The statement further clarified that the new Policy Coordination Instrument with the IMF would not involve financial support or bailout funds.
Instead, it said the PCI would provide technical assistance, support economic reforms, boost investor confidence and help Ghana attract financing from private investors and development partners.
Government believes the arrangement will support efforts to achieve investment grade status, which it says could reduce borrowing costs, attract long term investors and create cheaper financing opportunities for infrastructure and private sector growth.
The Presidency also expressed appreciation to Ghanaians for their sacrifices and patience during the programme period.
It further thanked bilateral creditors, the Official Creditor Committee and both domestic and external investors for their support throughout the process.
Government reaffirmed its commitment to prudent economic management, fiscal discipline and creating a favourable environment for investment and job creation.
By: Jacob Aggrey
