National Economy

Minister for Finance reaffirms Ghana’s economic ties with United Kingdom

Minister for Finance, Hon. Cassiel Ato Forson (MP), reaffirmed the country’s commitment to strengthening economic ties with the United Kingdom during a high-level meeting with UK Trade Envoy, Bell Ribeiro-Addy MP and Akosua Dentaa Amoateng MBE. The Minister emphasized the importance of finalizing a bilateral agreement between the two nations, noting that ongoing debt restructuring had delayed key projects. He expressed hope that, following France’s commitment to a similar agreement, the UK would soon follow suit, which would provide crucial support for the swift launch of these projects.

The discussions also focused on opportunities for technical collaboration, particularly in tax administration. The Hon. Minister highlighted Ghana’s upcoming VAT reform and sought to learn from the UK’s efficient VAT system. Bell Ribeiro-Addy assured the Minister of the UK’s commitment to resetting its relationship with Ghana, emphasizing that the UK views Ghana as a strategic partner. The Minister welcomed these assurances and expressed optimism that the collaboration would lead to tangible outcomes, boosting economic growth and development for both nations.

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