The Ministry of Finance is undoubtedly one of the most important Cabinet ministries, if not the most, that is tasked with ensuring the effective and efficient macroeconomic and financial management of Ghana's economy.
In layman's terms, the ministry has the task of ensuring that Ghana's economy does not collapse.
As such, this ministry is filled with persons deemed by the president to have the economic and financial prowess to implement policies that would ensure the judicious use of the country's resources to improve the livelihood of every Ghanaian.
These policies to manage the economy are outlined in the Budget and Economic Policy statement, which the finance minister presents at Parliament in accordance with Article 179 of the 1992 Constitution and Section 21 of the Public Finance Management Act.
