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 …
Read More »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, …
Read More »A President’s Arrogance And Intransigence; Minister’s Incompetence Have Led Us Here – Mahama On Sophia Akuffo’s DDEP Outburst
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 …
Read More »CPP’s Nana Yaa Jantuah Weeps On Live TV Over Domestic Debt Exchange Programme [video]
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 …
Read More »IMF Presses Ghana To Stop Borrowing From Its Central Bank
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 …
Read More »Why Ken Ofori-Atta Won’t Resign As Finance Minister – Top NPP Guru Reveals
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 …
Read More »NPP Has No Replacement For Ken Ofori-Atta – Kpando MP
The Finance Minister, Ken Ofori-Atta, has received heavy public criticism for leading the country’s economy ‘into the gutters’ as many have described it, hence the call for his removal by President Akufo-Addo. Mr. Ofori-Atta survived a censure motion moved by the Minority in Parliament following a decision by the Majority …
Read More »30% Salary Increment For Public Sector Workers Will Affect Government’s Purse – Ken Ofori-Atta
Ken Ofori-Atta, the Finance Minister, says the 30% salary increment for public sector workers will affect government’s purse. According to him even though the agreement will benefit workers, it will have an impact on government’s 2023 budget. The Finance Minister made this disclosure after government agreed with Organised Labour …
Read More »CAGD Staff To Gov’t: Pay Our 2021, 2022 Honorarium Or We Will Strike
The Concerned Staff of the Controller and Accountant General’s Department (CAGD) have asked its management and the Finance Ministry to pay them their owed allowances immediately. According to them, if their honorarium which has been in arrears for two years (2021,2022) is not paid, they will advise themselves. In a …
Read More »President Akufo-Addo Appoints Ken Ofori-Atta To Act As Caretaker Minister For Trade And Industry
President Addo Dankwa Akufo-Addo has asked Finance Minister, Ken Ofori-Atta, to act as caretaker Minister for Trade and Industry following the resignation of its substantive minister, Alan John Kwadwo Kyerematen. Mr. Kyerematen tendered in his resignation Thursday, January 5, 2023. In a statement issued from the Presidency Friday, January 6, …
Read More »