{"id":35760,"date":"2025-07-25T07:24:16","date_gmt":"2025-07-25T07:24:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/35760\/"},"modified":"2025-07-25T07:24:16","modified_gmt":"2025-07-25T07:24:16","slug":"over-900-jobs-saved-at-nib-after-strategic-turnaround-finance-minister","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/35760\/","title":{"rendered":"Over 900 jobs saved at NIB after strategic turnaround \u2013 Finance minister"},"content":{"rendered":"

\"Dr <\/a>Dr Cassiel Ato Forson is the Minister of Finance<\/p>\n

The Minister of Finance, Dr Cassiel Ato Forson<\/a>, has disclosed that more than 900 direct jobs at the National Investment Bank (NIB) have been preserved following a series of strategic interventions aimed at reviving the struggling state-owned bank.<\/p>\n

Speaking during the presentation of the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24,2025, Dr Forson commended efforts undertaken to stabilise the institution, which had faced prolonged financial and operational challenges.<\/p>\n

\u201cWe have saved 900 direct jobs at NIB through deliberate and timely actions,\u201d he announced, emphasising the government\u2019s commitment to protecting livelihoods while reforming key public financial institutions.<\/p>\n

He described NIB as now \u2018prime for business,\u2019 stating that the bank is in a much stronger financial position.<\/p>\n

\u201cNIB is now liquid and fully active. The bank has regained its footing and is ready to effectively support Ghana\u2019s industrial and commercial sectors,\u201d he said.<\/p>\n

His comments follow recent measures to restructure and recapitalise NIB, which had long struggled with liquidity issues and declining performance. <\/p>\n

The turnaround, Dr Forson noted, is a significant achievement in restoring confidence in the bank and, more broadly, in state-owned enterprises.<\/p>\n

He further urged sustained support and effective oversight to maintain the bank\u2019s viability and ensure it contributes meaningfully to the country\u2019s economic growth agenda.<\/p>\n

The announcement has sparked renewed interest in the bank\u2019s potential to support Small and Medium Enterprises (SMEs) and play a key role in Ghana\u2019s ongoing industrial transformation efforts.<\/p>\n

MRA\/AE<\/p>\n

Watch the latest episode of Health Focus below: <\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Dr Cassiel Ato Forson is the Minister of Finance The Minister of Finance, Dr Cassiel Ato Forson, has…\n","protected":false},"author":2,"featured_media":35761,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-35760","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/35760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=35760"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/35760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/35761"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=35760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=35760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=35760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}