Tag Archives: Finance Minister’

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, …

The National Democratic Congress (NDC) Member of Parliament for Bolgatanga Central, Isaac Adongo has asked the Finance Minister, Ken Ofori-Atta, to humbly resign and allow someone with fresh ideas to take over.   Contributing to the debate on the report by the ad-hoc committee of Parliament that probed allegations against …

Metropolitan, Municipal and District Assemblies (MMDAs), Ministries, Departments and Agencies (MDAs) and State-Owned Enterprises (SOEs) have been directed to reduce fuel allocation to political appointees and their Heads by 50 per cent. The Cabinet directive, which takes effect from January 2023, is expected to reduce government expenditure on fuel consumption. …

Government has placed a ban on the use of V8 and V6 vehicles by officials effective January 2023. This was announced by the Finance Minister, Ken Ofori-Atta during the 2023 budget presentation on Thursday, November 24. However, the use of such vehicles will be permitted for travels outside Accra.   …

Finance Minister, Ken Ofori-Atta says he will present the 2023 Budget in Parliament next week. The Minister’s comment is coming at a time when some Majority MPs have threatened to boycott the 2023 budget statement if he (Finance Minister) is not sacked. In an interview with JoyNews’ Parliamentary Correspondent, Kwaku …

Amid the calls for his resignation, Finance Minister’s predicament has courted him sympathisers in certain quarters of the business community. Majority Leader, Osei Kyei-Mensah-Bonsu has revealed that one of Ghana’s wealthy businessmen had attempted to intervene to prevent the Minister from being axed. In an interview with JoyNews, the Majority …