Tag Archives: Finance Minister’

The Ministry of Finance has described as inaccurate and unfounded a report by some media outlets suggesting that the Finance Minister, Ken Ofori-Atta, took GH¢77 million from the Contingency Vault for football, and spent GH¢27.9 million on the Black Stars. In a statement, the Ministry said the story attributed to …

Finance Minister Ken Ofori-Atta says Ghana is on track to receive the second tranche of the IMF bailout cash in December to support the government’s balance of payments (BOP) for 2023 and 2024. The Bank of Ghana’s June 2023 summary of the Economic and Financial Stability Report shows that the …

Finance Minister Ken Ofori-Atta is expected to present the Mid-Year Review of the Budget Statement and Economic Policy of the Government for the 2023 Financial Year to Parliament on Tuesday July 25, 2023. Mr Ofori-Atta’s presentation would be pursuant to the Public Financial Management Act, 2016 (Act 921). Deputy Majority …

The Independent Power Producers (IPPs) have reminded Finance Minister, Ken Ofori-Atta, of their intention to cut power supply to the national grid from July 1, 2023. This was after an emergency meeting held on Tuesday, June 20, 2023. According to the Chamber of Independent Power Producers, calls on the government …

Ghana’s Finance Minster, Ken Ofori-Atta has admonished the media to be circumspect in their reportage on the economy and other national issues in order not to derail the progress made so far. In his Sunday, June 18 update on the economy at the Ministry of Finance, Mr. Ofori-Atta raised concerns …

The Finance Minister, Kenneth Nana Yaw Ofori-Atta, has filed a GHC10 million defamation lawsuit against Blessed Godsbrain Smart (aka Captain Smart), the host and presenter of Maakye with Captain Smart on Onua TV and Onua FM, for defamatory claims he made against him about the recently approved International Monetary Fund …

Governor of the Bank of Ghana (BoG) Ernest Kwamina Yedu Addison has revealed that the first tranche of $600 million from the International Monetary Fund’s $3 Billion credit facility, will hit the bank’s account on Friday, May 19, 2023. Speaking at the IMF and the Finance Ministry’s joint press conference …

The Finance Minister, Ken Ofori-Atta has urged the Board of Trustees of pensions funds to allow for pension funds to be included in government’s new proposed debt restructuring offer. The Minister in a signed release explained that the new proposal is aimed at alleviating the cash constraints on the government …

The Chamber of Independent Power Producers (IPPs) has rejected any idea of restructuring arrears of its members as part of the ongoing or any future debt restructuring programme. In a letter to the Finance Minister, Ken Ofori-Atta, it said its members are rather prepared to engage with the government on …

The Speaker of Parliament, Alban Sumana Kingsford Bagbin has asked the Finance Minister, Ken Ofori-Atta, not to touch monies belonging to pensioners. Alban Bagbin said the current economic crisis can be solved without the funds of the pensioner. Wrapping up on the business of the House on Thursday, February 16, …