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July 3, 2026
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Ghana Medical Trust Fund deepens commitment to cardiac care, backs specialist training and modern infrastructure
Money
Policy
Opportunity
Growth
Key Points
- The Ghana Medical Trust Fund (GMTF) is dedicated to transforming cardiovascular and thoracic healthcare in Ghana through strategic investments.
- During its pilot phase, GMTF provided financial support to 50 patients, enabling 13 to undergo life-saving cardiovascular and thoracic surgeries.
- The Trust Fund is heavily investing in strengthening Ghana’s specialist healthcare system by partnering with the Ghana College of Physicians and Surgeons for specialist training.
- GMTF is financing the establishment of three state-of-the-art Cardiac Catheterisation Laboratories at Korle Bu, Komfo Anokye, and Tamale Teaching Hospitals.
- The Administrator called for strengthened collaboration among healthcare professionals, hospitals, development partners, and the private sector to ensure sustainable and accessible specialist healthcare for all Ghanaians.
Why This Matters
This initiative is crucial for Ghana as it directly addresses the significant financial barriers preventing many citizens from accessing critical specialized cardiovascular and thoracic care. By investing in patient support, specialist training, and advanced medical infrastructure, the Ghana Medical Trust Fund is building a more equitable and resilient healthcare system capable of tackling the nation's growing burden of heart disease. This will lead to improved health outcomes and a higher quality of life for Ghanaians.
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GoldBod denies GH¢1bn BoG overdraft claim, demands retraction and apology from Boako
- The Ghana Gold Board (GoldBod) has vehemently denied claims by MP Dr. Gideon Boako that it owes the Bank of Ghana (BoG) a GH¢1 billion overdraft.
- Dr. Boako, a Deputy Ranking Member on Parliament’s Finance Committee, questioned GoldBod's reported GH¢907 million profit, stating an outstanding overdraft would reflect a loss.
- GoldBod labeled Dr. Boako’s claim as “totally false,” a “deliberate and malicious smear campaign,” and demanded a retraction and apology.
- This dispute is set against a broader political and economic debate concerning GoldBod’s financial performance and the accounting treatment of GH¢22 billion losses from the Domestic Gold Purchase Programme (DGPP).
- GoldBod asserts it has never taken any loan, overdraft, or debt instrument from the Bank of Ghana or any financial institution since its establishment.
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GoldBod losses remain key on Minority agenda as Parliament reconvenes – Afenyo-Markin
- The NPP Minority Leader, Alexander Afenyo-Markin, reaffirmed the caucus's commitment to investigate a reported US$1.7 billion loss linked to the Bank of Ghana’s Domestic Gold Purchase Programme and the Ghana Gold Board (GoldBod).
- This commitment was reiterated after Afenyo-Markin met with NPP flagbearer Dr Mahamudu Bawumia in Accra.
- Dr Bawumia commended the Minority Caucus for its accountability efforts and encouraged their continued work.
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- The Minority is resolute in pursuing the matter to get answers for the Ghanaian public regarding the circumstances of the loss.
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Why celebrate $2.62bn FDI while losing $1.7bn under the Domestic Gold Programme? IERPP asks
- The Institute of Economic Research and Public Policy (IERPP) welcomes Ghana's US$2.62 billion Foreign Direct Investment (FDI) as a sign of investor confidence.
- However, IERPP tempers this optimism with concern over an estimated GH¢22 billion (US$1.7 billion) loss from the Domestic Gold Purchase Program (DGPP).
- The DGPP loss is significant, equating to about 65 cents for every US$1 of FDI attracted, highlighting a major resource management issue.
- IERPP emphasizes that while FDI is crucial, it cannot substitute for prudent management and protection of existing public resources.
- The Institute calls for greater transparency, a clear breakdown of DGPP losses, and intense scrutiny from accountability institutions, Parliament, and civil society.

