Tag Archives: Ken Ofori-Atta

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 …

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 …

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 …

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 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 …

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, …

Former President John Dramani Mahama says the prevailing economic challenges in the country is the result of President Akufo-Addo’s ‘arrogance’, in addition to the ‘incompetence’ of his Finance Minister, Ken Ofori-Atta. In a twitter post on Friday, he stated that the current challenges could have been avoided if government had …

Since its announcement on December 5 last year, government’s Domestic Debt Exchange Programme (DDEP) has been met with fierce opposition and widespread public resistance. Apart from individual bondholders, civil society organisations, academics, finance experts as well as the Minority in Parliament and a host of other well-meaning Ghanaians have vehemently …

The International Monetary Fund is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter. The IMF wants the two entities to sign a commitment to zero financing, said the people who asked not to be identified because they’re not authorized to …

Former Chairman of the finance committee in Parliament, Dr Mark Assibey Yeboah, has said Finance Minister, Ken Ofori-Atta, will not resign. According to Dr Assibey Yeboah, though reshuffling, which may definitely soon happen, will bring in new energies to the government, the Finance Minister won’t be reshuffled. “Reshuffle at this …