Tag Archives: Ken Ofori-Atta

Ghana’s finance ministry said on Monday it was suspending debt service payments on certain categories of external debt including Eurobonds, commercial loans and most bilateral debt, amid the worst economic crisis in a generation.   Ghana had already announced a domestic debt exchange programme and on Tuesday said it had reached a …

Exclusive documents available indicates that the Special Prosecutor, Kissi Agyebeng and his staff are yet to receive their salaries, sixteen months after assuming office. According to the said documents, only the Deputy Special Prosecutor has been paid; leaving other staff of the office agitated. The documents further disclosed that the …

The Ghana cedi has in less than five hours today, December 14, 2022, gained 5.6% value against the US dollar, resulting in a cumulative gain of approximately 33.6% in the month of December alone. $1 is now trading at an average rate of ¢10.70 with a market range spanning GH¢10.70 …

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.   …

The government has reduced the Electronic Transfer Levy rate from 1.5% to 1%. The daily transaction threshold has also been removed. This, according to the government, will allow more Ghanaians to use the service. This was announced by the Finance Minister, Ken Ofori-Atta on Thursday, November 24, during the 2023 …

A former Member of Parliament for New Juaben South, Mark Assibey-Yeboah, has described calls for the removal of the Finance Minister, Ken Ofori-Atta, ahead of the 2023 budget presentation as suicidal.   Over 90 MPs of the Majority caucus in Parliament and MPs from the Minority caucus are demanding the …

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 …

The Finance Minister, Ken Ofori-Atta, has apologised to Ghanaians for the hardship being suffered in recent times. According to him, the brunt borne by the populace due to the ongoing economic turmoil is unfortunate. He said this when he appeared before the Ad-hoc Committee hearing the motion of censure against …