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Tag Archives: Ken Ofori-Atta

First Review Of Ghana’s IMF Programme Starts September 25 – Finance Minister

An International Monetary Fund (IMF) Staff Mission will commence Ghana’s first review of the ongoing $3 billion loan-support programme from September 25, 2023, the Finance Minister, Ken Ofori-Atta has announced. “The Fund will be here from September 25 through to the beginning of October 2023,” the Minister said, adding, “hopefully, …

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IMF Bailout: Ghana On Track For 2nd Tranche In December – Finance Minister Assures

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 …

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#KenMustGo: I Was Battered And Broken But I Stayed To Serve Ghana, Says Ken Ofori-Atta

Finance Minister, Ken Ofori -Atta says he was heartbroken and disappointed during the demand for President Akufo-Addo to dismiss him or he resign his post. In an exclusive interview with GTV on Sunday, August 6, Mr Ofori-Atta said during those protests, he was battered and broken but only had one …

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Ken Ofori-Atta To Present Mid-year Budget Review Today 

The Minister of Finance, Ken Ofori-Atta will present the 2023 mid-year budget review in Parliament today, Monday, July 31, 2023.   Originally slated for July 27, 2023, the presentation was rescheduled to July 25, 2023, only to be cancelled.   “In accordance with Section 28 of the Public Financial Management …

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From Picketing Pensioners To School Food Suppliers: Is Finance Minister Still Sleeping On His Job?

Following the painful and poorly implemented Domestic Debt Exchange Programme (DDEP) by this government, Pensioners were forced to picket at the Finance Ministry several times to demand payment of their matured coupons and principal investment in government bonds. The scenes of agony and frustrations among the fragile Pensioners to get …

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I Will Be Shocked If President Akufo-Addo Sacks Ofori-Atta, He Can’t Do It – Tamale Central MP

The Member of Parliament for Tamale Central, Ibrahim Murtala Muhammed, is skeptical that President Akufo-Addo will terminate the appointment of the Finance Minister after Ghana successfully brokered a deal with the International Monetary Fund (IMF). The President in 2022 had promised to let go of Ken Ofori-Atta once he had …

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Your Free SHS Programme Is Poorly Targeted – IMF Tells Govt

The International Monetary Fund (IMF) has described government’s flagship Free SHS Senior High School (SHS) programme as poorly targeted. The Fund made this observation in its latest country report on Ghana, whose request for a $3 billion bailout it recently approved. According to the report, the Free SHS programme “which …

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Government Proposes New Debt Restructuring Offer; Requests Participation Of Pension Funds, In Spite Of Denials

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 …

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We Will Clinch $3bn IMF Bailout Deal In May – Ofori-Atta

The Minister of Finance, Kenneth Nana Yaw Ofori-Atta , says Ghana should expect an International Monetary Fund (IMF) Board approval for a programme by the close of May 2023. According to him, Ghana has made significant progress, hence the need for it to get approval as soon as possible. Addressing …

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Leave Our Pensioners Alone – Speaker Bagbin Cautions Finance Minister

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, …

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