The Minister for Finance, Ken Ofori-Atta is expected to present the Mid-Year Budget Review in Parliament on 13 July 2022. The Majority Leader, Osei Kyei-Mensah-Bonsu revealed this in Parliament on Friday (1 July 2022). The budget review, which is in accordance with Article 179 of the 1992 Constitution and …
Read More »Main Reasons Why Ghana Is Seeking A New IMF Bailout Program
Ghana is set to hold talks with the International Monetary Fund (IMF) on a support package. The Nana Addo Dankwa Akufo-Addo administration had refused to seek an IMF bailout despite the massive economic downturn in the last six months, but later decided to swallow its pride and seek support from …
Read More »Golden Tulip In Accra, Kumasi Now Lancaster Hotel After Government Sold 60% Shares
Golden Tulip Hotels in Accra and Kumasi will from today July 1st, 2022, be known as Lancaster Hotel. This follows the sale of the hotel to some Lebanese investors. According to documents in the possession of Joy Business, the Golden Tulip Hotels in Accra and Kumasi owned by a …
Read More »IMF : We Are Ready To Support Ghana Restore Macroeconomic Stability
The IMF says it is ready to support Ghana to revive its ailing economy. The resident representative of the fund, Dr. Albert Touna-Mama in a series of tweets confirmed that the Government of Ghana had reached out to his outfit for support to restore the economy to a path of …
Read More »Kennedy Agyapong: Going To IMF Is Like Handing Over Power To NDC Without A Contest [Audio]
The Member of Parliament for Assin Central, Kennedy Agyapong has expressed disappointment in the decision by the New Patriotic Party (NPP) government to go to the International Monetary Fund (IMF) for support. He said this decision will make breaking the 8-year cycle by the party tough. In his view, this …
Read More »Delay In Going To IMF Will Make Negotiations Difficult For Ghana – Former Dep. Finance Minister
The Former Deputy Finance Minister, Casiel Ato Forson has welcomed the decision by the government to go to the International Monetary Fund (IMF) for support. He said he is glad over the decision. “I am glad that finally, the NPP government has taken the decision to go to the IMF …
Read More »Afenyo-Markin: NDC Went To IMF Due To Mismanagement Because There Was No Crisis
The Deputy Majority Leader in Parliament, Alexander Afenyo-Markin has told the Minority that the National Democratic Congress (NDC), when in government, went to the International Monetary Fund (IMF) for support due to mismanagement of the economy. The Effutu lawmaker stated on the floor of Parliament Friday July 1 that …
Read More »Social Media Reacts After Akufo-Addo Directs Finance Minister To Engage IMF
On Friday, the Information Ministry announced that President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund. The decision has taken many Ghanaians by surprise. This is because before approaching IMF, the government, on numerous occasions, insisted that a bailout from the …
Read More »Russian Embassy In Ghana: Western Policies Driving Rising Food Prices; It Can’t Be Us
The Russian Embassy in Ghana says its country cannot be blamed for the rising cost of food items in Ghana. It says, it is extremely unfair for the government to attribute the food crisis to its invasion of Ukraine when it is crystal clear the situation is as a result …
Read More »Students, Staff of Tepa Senior High School To Benefit From CHLiF-GH Free Health Screening And Sensitization – Francisca Kusiwaa
Collins Healthy Liver Foundation-Ghana (CHLiF-Gh) is a non-profit health organization committed to creating awareness of liver health and its related diseases. Its focus is on the early diagnosis, prevention, and treatment of Hepatitis B. The foundation was established in honor of Elder Collins Yeboah, a father of three daughters …
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