Tag Archives: Finance Ministry

The Electricity Company of Ghana (ECG) says the Finance Ministry and Economic and Organised Crime Office(EOCO) may soon be disconnected from the national grid for failing to pay their bills. According to the power distribution company, the two state-owned organisations owe to the tune of ¢421,038.02. This revelation comes after …

President of the National Association of Graduate Teachers (NAGRAT), Angel Carbonu has criticised the government’s directive for public sector workers living in public bungalows to pay 10 per cent of their salaries as rent. Speaking to Mr. Angel Carbonu said the Association would engage the government on the directive since …

The Speaker of Parliament, Alban Bagbin has expressed his deepest anger over the failure of the Finance Minister to furnish Parliament with various contractual agreements signed by government agencies. According to him, the Finance Ministry has for over a year disregarded the directive for the Ministry to provide details of …

The Ministry for Finance says the country does not face any imminent external imbalances or reserves shortfall. According to the Ministry, the country’s reserves, at over five times import cover, is well above its internal target of four months and better than the average over the previous two decades. Foreign …

The Finance Ministry has dismissed rumours that Finance Minister Ken Ofori-Atta has resigned from his post.     It comes after speculations on social media that Mr Ofori-Atta has resigned over ill health.   In a statement, the ministry said the Finance Minister is still at post and focused on …

Government has given a firm assurance that it will not default in its debt obligations despite the rising level of same.   The Deputy Minister of Finance explained that funds are being invested in some productive sectors and projects that will help pay back these loans on time.   Dr …

Although Ghanaians were expecting the Finance Minister, Ken Ofori-Atta, to request more money for the government to spend for the remaining months of 2021, he did no such thing. He told Parliament that government will not spend beyond the GHS129 billion that was approved for it earlier in 2021. “I …

The Finance Ministry has presented to Parliament a request by government for a $28 million loan from the National Investment Bank. The loan, according to the Ministry, is to finance the purchase of 275 vehicles for the members of the eighth Parliament. Laying the request on the Floor, Deputy Finance …