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Sammy
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Sammy retweeted
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Ghana Successfully Concludes IMF Extended Credit Facility Programme and Transitions to a Non-Financing Technical Assistance Policy Coordination Instrument (PCI)
This milestone represents the restoration of macroeconomic stability and debt sustainability, well ahead of the original timeline.
Following the derailment of the IMF financial bailout programme at the end of 2024, the government of President John Mahama in 2025 acted decisively to bring it back on track and to recalibrate it by implementing a frontloaded fiscal consolidation, bold expenditure rationalisation, and strong structural reforms.
These efforts have delivered tangible results: inflation has reduced significantly, the cedi has strengthened markedly, public debt as a share of GDP has declined sharply, and economic growth has rebounded strongly.
Ghana’s sovereign credit ratings have improved significantly from restricted default (Junk Status) to ‘B’ with a positive outlook, representing five distinct rating levels upgrades.
This reflects improved fiscal performance, normalised creditor relations, stronger external buffers, and renewed market confidence.
Ghana’s gross international reserves have risen to an all-time high, reaching approximately US$14.5 billion by February 2026, almost 6-months of import cover.
These foreign exchange reserve buffers provide Ghana with the capacity to withstand external shocks and stand on its own feet!




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Sammy retweeted
Sammy retweeted
Sammy retweeted
Sammy retweeted

Ibrahim Mahama’s Damang Gold Mine Limited sells 100% of its first gold output to GoldBod, BoG in historic move
In a bid to support foreign reserves accumulation, Ibrahim Mahama’s Damang Gold Mine Ltd. has sold 100% of its first gold output to the Ghana Gold Board.
The Chief Executive Officer of the Ghana Gold Board, @SammyGyamfi_ , received the team from Damang Gold Mine at the GoldBod Assay Lab at the Accra International Airport earlier today, where he briefed the media about the historic transaction.
He noted that having Ghanaians at the helm of the country’s minerals and mining sector is key to maximizing national benefits and driving economic transformation.
The Chief Executive Officer bemoaned the low contribution of large-scale mining companies to foreign reserve accumulation efforts of government and urged other large-scale mining companies to emulate the good example set by the Damang Gold Mine. This he said is imperative for the actualization of the objects of the Ghana Accelerated National Reserve Accumulation Program (GANRAP) launched by government and approved by Parliament.
The first output of the Damang Gold Mine delivered to the GoldBod is about 110KG. The gold will be assayed, valued and purchased by the GoldBod for and on behalf of the Bank of Ghana, refined and added to the Central Bank’s gold holdings.
#GoldBod #BankOfGhana #GhanaGold #EconomicStability #LocalValueAddition




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Sammy retweeted

Reports that Ghana is experiencing power generation deficit is false and misleading... - Energy Ministry
#AbanPapaAba

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@wofaase_ @NanaKAbabio Since 2019, no allied health professional was posted. Now good change has come. We’re seeing the posting of allied health professional for the first time since 2019. That’s 7 years
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LIVE | Big Push: Minister for Roads and Highways, Kwame Governs Agbodza, has issued a two-month ultimatum to Delovely Construction Ltd. to get back on schedule on the Bediako Junction–Camp 15–Sewi Adabokrom (55km) road project (Lot 1), warning that the contract will be reassigned if significant progress is not made.
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President Mahama will be inspecting progress of work on the Kasoa- Winneba road later today.
Below is an update on the
Dualization of the Winneba Cape- Coast Road Project (km30-km 54) as provided by the Ministry of Roads and Highways last week.
Project- Lot 2: Dualization Winneba- Mankessim (24km)
Work on the Dualization of the Winneba- Mankessim Road Project is progressing steadily. Works started in December 2025 and is expected to be completed in November 2027.
The physical progress of work is currently at 25%. So far, the contactor has completed site clearing and the construction of major culverts and drainage systems. Works on subbase, base formation and the construction of two (2) interchanges at Apam Junction and Otaw are also progressing steadily.
The project scope includes:
· Clearing of vegetation
· Road formation
· Subbase formation
· Base formation
· Construction of two (2) interchanges (Apam Junction and Otaw)
· Asphaltic concrete finishing
· Construction of drainage systems and culverts
· Provision of pedestrian underground crossings
· Road furniture
· Provision of streetlights
· Provision of bus stops
When completed, the project will bring relief to motorist and shorten travel time to facilitate socio-economic development in the country. It will also enhance the smooth flow of traffic to and fro Cape Coast and Takoradi to the national capital, Accra.




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@Citi973 Godfred dame should be the last person to ever talk about judicial independence
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“Why build this when you can build railroads”
Felix Kwakye Ofosu@FelixKwakyeOfo1
Work is progressing steadily on a Specialist Cardiology Center at the Tamale Teaching Hospital. Funded by the Ghana Medical Trust Fund, the Center will host vital Cardiology facilities like a CATHLAB which presently is not available in all 5 Regions of the Northern part of Ghana. Work is expected to be completed by the last quarter of this year. President Mahama inspected progress of work this morning as part of his Resetting Ghana Tour.
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Sammy retweeted
Sammy retweeted

I am hosting a Twitter Space with the Minister for Health,
@KMAkandoh Hon. Kwabena Mintah Akandoh At 7pm today. Don’t miss

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