Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Fuel Subsidy Removal Saved Nigeria From Bankruptcy, Restored Economic Stability — Tinubu

May 30, 2026

NDDC Processes EIA Certificates for 180 Development Projects

May 30, 2026

ECOWAS advances operationalisation of Dangote-led Business Council to deepen regional economic integration

May 30, 2026
Facebook X (Twitter) Instagram
Trending
  • Fuel Subsidy Removal Saved Nigeria From Bankruptcy, Restored Economic Stability — Tinubu
  • NDDC Processes EIA Certificates for 180 Development Projects
  • ECOWAS advances operationalisation of Dangote-led Business Council to deepen regional economic integration
  • WHO announces first confirmed Ebola recovery in DRC outbreak
  • Telcos To Roll Out Data Calculator To Curb Fast Data Consumption Complaints
  • AfDB, World Economic Forum partner to unlock investments in Africa’s frontier market
  • Tinubu marks third year in office, says reforms prevented economic collapse
  • Eid-el-Kabir: IGP orders nationwide security deployment, boosts surveillance
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Politics»Africa»Ghana’s President Mahama dissolves seven ministries to save costs
Africa

Ghana’s President Mahama dissolves seven ministries to save costs

VardiafricaBy VardiafricaJanuary 13, 2025Updated:January 13, 2025No Comments8 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Ghana’s President John Mahama has announced the dissolution of seven ministries as part of the country’s commitment to an austerity program under the International Monetary Fund (IMF).

This decision has reduced the number of ministries from 30 to 23, in line with the president’s pledge to create a leaner and more efficient administration.

“The new government structure reflects our commitment to prudent economic management,” President Mahama stated in an e-mailed announcement. “By streamlining the number of ministries, we aim to save costs and ensure a more focused and effective governance framework.”

The restructuring is part of Ghana’s broader efforts to stabilise its economy after securing a $3 billion bailout from the IMF in 2022. The bailout was sought to help the West African nation address unsustainable debt levels and regain economic stability amid rising inflation and unemployment. 

President Mahama, who was elected with a decisive victory in the December 7 polls, faces mounting public pressure to address the economic hardships that have fuelled dissatisfaction among voters.

Ghana, the world’s second-largest cocoa producer, has struggled with challenges including crippling debt, high living costs, and widespread unemployment.

“We understand the sacrifices Ghanaians are making,” Mahama said. “Our administration is fully committed to restoring economic stability and improving the lives of our people. This restructuring is just one step in our broader plan to achieve these goals.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

ECOWAS advances operationalisation of Dangote-led Business Council to deepen regional economic integration

May 30, 2026

AfDB, World Economic Forum partner to unlock investments in Africa’s frontier market

May 30, 2026

Tinubu marks third year in office, says reforms prevented economic collapse

May 29, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025155

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202496

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202451

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202550
Don't Miss
Oil & Gas
Oil & Gas By VardiafricaMay 30, 202614 Mins Read2

Fuel Subsidy Removal Saved Nigeria From Bankruptcy, Restored Economic Stability — Tinubu

By VardiafricaMay 30, 20262 Oil & Gas Updated:May 30, 2026014 Mins Read

President Bola Tinubu yesterday said the removal of fuel subsidy by his administration three years…

NDDC Processes EIA Certificates for 180 Development Projects

May 30, 2026

ECOWAS advances operationalisation of Dangote-led Business Council to deepen regional economic integration

May 30, 2026

WHO announces first confirmed Ebola recovery in DRC outbreak

May 30, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Fuel Subsidy Removal Saved Nigeria From Bankruptcy, Restored Economic Stability — Tinubu

May 30, 2026

NDDC Processes EIA Certificates for 180 Development Projects

May 30, 2026

ECOWAS advances operationalisation of Dangote-led Business Council to deepen regional economic integration

May 30, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025155

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202496

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202451

Type above and press Enter to search. Press Esc to cancel.