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Ghana s SOEs estimated at GH¢110 billion – Finance Minister – Ghana Visions

Ken Ofori-Atta is Minister of Finance The value of Ghana’s State-Owned Enterprises (SOEs) is GHS 110 billion, representing approximately 27 per cent of the nation’s 2020 gross domestic product (GDP), Mr Ken Ofori-Atta, the Finance Minister, has said. He noted that it was in the national interests of Ghanaians to ensure that the entities were managed prudently because a 10 per cent return on the assets could generate eleven billion to the national coffers and the Enterprises could be employing more than 700,000 in the public and civil service. Mr Ofori-Atta said this at the signing ceremony of the 2021 Performance Contract agreement between the State Interests and Governance Authority (SIGA) and 71 State-Owned Enterprises (SOEs), Joint Venture Capitals (JVCs), and other state entities in Accra.

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