Government to merge MIIF and GIIF into sovereign wealth fund
The Government will merge the Minerals Income Investment Fund (MIIF) and the Ghana Infrastructure Investment Fund (GIIF) to establish a Ghana Sovereign Wealth Fund. The post Government to merge MIIF and GIIF into sovereign wealth fund appeared first on Ghana Business News .
The Ghanaian government plans to merge the Minerals Income Investment Fund (MIIF) and the Ghana Infrastructure Investment Fund (GIIF) into a new Ghana Sovereign Wealth Fund. This consolidation aims to improve investment coordination, boost returns, and provide equity financing for major development projects. Dr. Cassiel Ato Forson, the Minister of Finance, announced the merger during the presentation of the 2027 Budget Statement and Economic Policy to Parliament.
The new fund will serve as an equity partner for projects under the 24-Hour Economy and Accelerated Export Development Programme, a private sector-led initiative, and will help identify viable investments, attract private capital, and strengthen the implementation of these programmes. The merger is part of broader structural reforms aimed at enhancing the management and investment of public resources.
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