{"id":289405,"date":"2025-07-25T02:04:28","date_gmt":"2025-07-25T02:04:28","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/289405\/"},"modified":"2025-07-25T02:04:28","modified_gmt":"2025-07-25T02:04:28","slug":"over-900-jobs-saved-at-nib-after-strategic-turnaround-finance-minister","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/289405\/","title":{"rendered":"Over 900 jobs saved at NIB after strategic turnaround \u2013 Finance minister"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/NewsArchive\/Over-900-jobs-saved-at-NIB-after-strategic-turnaround-Finance-minister-1993149?gallery=1\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/94654476.295.jpg\" alt=\"Dr Cassiel Ato Forson is the Minister of Finance\" title=\"Dr Cassiel Ato Forson is the Minister of Finance\" width=\"295\" height=\"178\" \/> <\/a>Dr Cassiel Ato Forson is the Minister of Finance<\/p>\n<p id=\"article-123\">The Minister of Finance, Dr <a target=\"_blank\" href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/people\/person.php?ID=2581\" rel=\"noopener\">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<p>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<p>\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<p>He described NIB as now \u2018prime for business,\u2019 stating that the bank is in a much stronger financial position.<\/p>\n<p>\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<p>His comments follow recent measures to restructure and recapitalise NIB, which had long struggled with liquidity issues and declining performance. <\/p>\n<p>The turnaround, Dr Forson noted, is a significant achievement in restoring confidence in the bank and, more broadly, in state-owned enterprises.<\/p>\n<p>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<p>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<p>MRA\/AE<\/p>\n<p><b>Watch the latest episode of Health Focus below:<\/b> <\/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&hellip;\n","protected":false},"author":2,"featured_media":236603,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-289405","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114911423677927116","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/289405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=289405"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/289405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/236603"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=289405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=289405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=289405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}