GENERAL NEWS

The Information Minister, Kojo Oppong Nkrumah, has said the government has eased the impact of the constant hikes in fuel prices on Ghanaians by not introducing new levies on petroleum products in the 2022 Budget Statement.     Presenting the 2022 Budget Statement and Economic Policy in Parliament on Wednesday …

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The minority in parliament has said judging from the 2022 budget presented by Finance Minister Ken Ofori-Atta on Wednesday, 17 November 2021, Ghana’s debt stop would balloon by the end of the year and get even worse in the next year. Speaking to journalists in parliament right after the minister’s …

The Finance Minister Ken Ofori Atta has said that the government continues to expand power generation capacity to meet domestic, commercial and industrial needs of customers. In this regard, he said, construction works on the 200MW Phase 1 of the 400MW Early Power Project continued in 2021. Construction works for …

Government has put together a framework to provide direct support for young entrepreneurs to enable them to create new businesses and expand existing ones. Under the programme known as YouthStart, government will direct financial and technical support towards young entrepreneurs in the country to develop commercially viable businesses and create …

Finance Minister Kenneth Nana Yaw Kuntunkunuku Ofori-Atta has announced a new levy to be charged by government in 2022 on all electronic transactions to widen the tax net and rope in the informal sector.   “It is becoming clear there exists enormous potential to increase tax revenues by bringing into …

Government says the remaining 67,000 beneficiaries of the Nation Builders Corps (NABCO) who have not yet secured jobs can breath a sigh of relief as they will not be laid off this year.   Instead two windows; the YouStart program and a Digital inclusion program will gradually absorb them in …

Government has scrapped the amount of money being paid by motorists as tolls on public roads in the country. This should come as relief for road vehicle users given the heavy vehicular traffic, lengthened travel time and ineffective revenue collection at tolling points on our public roads.   This was …

Finance Minister Ken Ofori Atta has assured Parliament that the government is working hard to get back quickly to the pre-pandemic fiscal and debt trajectory. He said during the 2022 budget presentation on Wednesday November 17 that the fiscal policies implemented to provide relief during the pandemic has led to …

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