Summary: The Coalition of Aggrieved Menzgold Customers is calling for the government to allocate budget in the mid-year review to resolve the issues of customers of the collapsed gold dealership firm. The customers are urging for a direct fiscal intervention to relieve the financial hardship endured by thousands of aggrieved Ghanaians.
The Coalition of Aggrieved Menzgold Customers is pressing the government to include a clear financial allocation in the upcoming Mid-Year Budget Review to resolve outstanding debts owed to customers of the defunct Menzgold Company Limited.
With Finance Minister Dr. Cassiel Ato Forson scheduled to present the 2025 mid-year budget to Parliament on July 24, the group insists that only direct fiscal intervention can bring relief to thousands of affected Ghanaians who continue to endure financial hardship.
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Speaking at a media briefing on Monday, July 21, Coalition Convenor Fred Forson made a passionate appeal to the Finance Minister.
“We are aware that the Minister will be in Parliament next week. This is a crucial moment. Over 200 people have died because of the Menzgold collapse. Families are suffering, and we plead with him to make provisions in the mid-year budget for us,” Forson said to Accra News Journal.
While acknowledging the government’s previous efforts—such as the rollout of a roadmap to address customer grievances—Forson emphasized that those steps remain incomplete without actual budgetary support.
“Without a clear financial allocation, our pain will persist. The promises mean little if they are not backed by funds,” he added.
The mid-year budget review as reported by Accra Business Journal, will highlight Ghana’s fiscal and economic progress in the first half of 2025 and will outline updates on expenditure, revenue generation, and the execution of key policy initiatives. The customers hope this will also be the moment the government finally delivers financial justice.
Families across the country are still grappling with the effects of the collapsed investment scheme, with many unable to access their locked-up funds years after Menzgold ceased operations. The Coalition says a budgetary allocation is not just necessary—it’s overdue.
Stay with Accra Street Journal for updates on the 2025 Mid-Year Budget and its implications on citizen welfare.
Last Updated on July 22, 2025 by Samuel Kwame Boadu
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Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
