I’ll not depart from ongoing IMF programme – Amin Adam
By: Franklin ASARE-DONKOH The newly appointed Ghana’s Finance Minister, Dr. Mohammed Amin Adam, says he will not deviate from economic policies his predecessor, Mr. Ken Ofori Atta, has put forth. Speaking in an interview hours after his appointment to replace Mr. Ofori Atta was announced, Dr. Adam who has been part and parcel of government’s […]
Government expenditure projected to exceed revenue for 2024 financial year
By: Edzorna Francis Mensah The budget statement and economic policy of the Government of Ghana for 2024 Financial Year, presented to Parliament by the Minister of Finance on 15th November pursuant to Article 179 of the 1992 Constitution of the Republic of Ghana and Section 21(3) of the PFM Act 2016 (of ACT 921) has shown that, […]
2024 Budget: Government scraps tax off locally produced pads and imported Electric vehicles
By: Clifford Okyere The government through Finance Minister Ken Ofori-Atta, as part of its fiscal measures, has decided to waive import duties on Electric Vehicles (EVs) designated for public transportation for 8 years. The Finance Minister announced this during the presentation of the 2024 Budget and Economic Statement to Parliament. In addition, import duties would […]
2024 budget to achieve economic balance – Information Minister
By: Emmanuel Oti Acheampong The Finance Minister will tomorrow, November 15, 2023, present to Parliament of Ghana Budget for the year 2024. Ahead of the reading, there have been lots of speculations with the Minority in Parliament promising a vivid and critical scrutiny of the budget after it is read by the Finance Minister, Ken […]
BoG’s GH₵60.8 bn debt is a technical loss – Ken Ofori-Atta explains
By: Roberta Gayode Modin The Bank of Ghana (BoG) incurred a loss of GH₵60.81 billion from its audited financial statement for the 2022 fiscal year. This loss according to the BoG, is largely due to government’s debt restructuring activities. Speaking on GBC’s “Talking Point”, the Finance Minister affirmed the claims made by the Central Bank. “You can […]
Economic recovery will be swift – Finance Minister assures
The Minister of Finance, Ken Ofori-Atta, has reaffirmed the government’s unwavering commitment to restore the country’s economic fortunes within the shortest possible time. Addressing a gathering of industry experts, policymakers, and international partners in Johannesburg, South Africa, Mr Ofori-Atta reassured participants of the government’s dedication to revitalising the economy and securing a prosperous future for […]
Asante-Akyem-North MP describes meeting with Special Prosecutor on bribery allegations as not fruitful
The Member of Parliament (MP), for Asante-Akyem-North, Andy Appiah-Kubi has described his meeting with the Special Prosecutor (SP) as not fruitful. Mr. Appiah-Kubi together with the Majority Leader, Osei Kyei-Mensah-Bonsu on Wednesday, May 10, 2023 met the Special Prosecutor over allegations that a wealthy businessman offered money to NPP MPs to drop their call on […]
Finance Minister leaves for China for debt negotiations
The Finance Minister, Ken Ofori-Atta, is expected to arrive in China today for debt negotiations. The Minister is leading a high-level government delegation for bilateral talks on debt restructuring and financing assurances on Thursday and Friday. The delegation includes other government officials as well as technical teams from the Ministry of Finance and the Ministry […]
Speaker assures Finance Minister of Parliament’s support
SOURCE: GNA Speaker Alban Sumana Kingsford Bagbin has assured Finance Minister, Mr Ken Ofori-Atta, of Parliament’s preparedness to support him to turn things around for the betterment of Ghana. The Speaker gave the assurance in Parliament on Thursday, after the Finance Minister had briefed the House on the Domestic Debt Exchange Programme (DDEP). “Well, we […]
Ghana’s Domestic Debt Exchange to be Launched Monday, December 5
By Rebecca Ekpe Government of Ghana says it has been working around the clock to minimize the impact of the domestic debt exchange on ”investors holding government bonds, particularly small investors, individuals, and other vulnerable groups”. In line with this Ghana’s Domestic Debt Exchange would be launched on Monday, December 5, 2022, the Finance Minister, […]
