Finance Minister Ken Ofori-Atta has assured Ghanaians that the economy is in good shape despite the continuous depreciation of the Cedi. Speaking to a journalist of Accra-based Asaase Radio from Washington where he is leading a team engaging the International Monetary Fund, IMF; the Minister described the depreciation rate as …
Read More »IMF To Ghana: Prove Debt Sustainability, Get A Deal
Ghana has to show proof that its debt levels are sustainable before the International Monetary Fund (IMF) can approve an economic support programme for the country. That is according to the Director of IMF’s African Department, Abebe Aemro Selassie. Mr. Selassie told the media in Washington on October 14, that …
Read More »Akufo-Addo: I Can’t Turn My Back On Ofori-Atta [Audio]
President Akufo-Addo says there is no basis for him to sack the Finance Minister. According to him, Ken Ofori-Atta has discharged his duties “excellently” and he cannot relieve such a person of his position. President Akufo-Addo speaking on OTEC FM on Monday said he has full confidence in the Minister …
Read More »Finance Ministry Directs CAGD To Pay Rotation Nurses’ Allowances
The Finance Ministry has given the go ahead for the payment of allowances to nurses on one-year mandatory rotation at various health facilities nationwide to be paid. About 5,239 nurses and midwives and allied health professionals will be paid. Each of them will receive ¢871 per month with effect …
Read More »Ofori-Atta Can Take Us Out Of Current Economic Crisis – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has expressed confidence in the performance of his Finance Minister, Ken Ofori-Atta despite growing discontent towards him from Ghanaians. According to the President, although many have called for the head of the Finance Minister over alleged mismanagement of the economy, he is satisfied with Ofori-Atta …
Read More »Black Star Brokerage And Databank Not Advisors To Gov’t – Finance Ministry Dismisses Social Media Report
The Ministry of Finance has dismissed social media reports that Databank and Black Star Brokerage – linked to Finance Minister, Ken Ofori-Atta and the Minister of State at the Finance Ministry, Charles Adu Boahen were handpicked by the Finance Ministry and the Bank of Ghana to act as Bond Market …
Read More »Kufuor Foundation CEO To Akufo-Addo : Sack Ofori-Atta, Agyemang Manu And Afriyie-Akoto
The Chief Executive of Kufuor Foundation, Prof Baffuor Agyemang-Duah, is the latest influential individual to join calls for a ministerial reshuffle in the Akufo-Addo government. His call comes after President Akufo-Addo openly refused to heed to earlier calls for a reshuffle. The President, in his defence, said the opposition …
Read More »Minority MPs Gather Signatures To Kickstart Vote Of Censure Against Ofori-Atta
The Minority caucus has gathered over 100 signatures from its fold to kickstart the vote of censure proceedings against the Minister for Finance, Ken Ofori-Atta. Their action seeks to invoke article 82 of the constitution, which provides for the elaborate procedure of removing a minister of state through proceedings in …
Read More »Finance Minister Should Take A Personal Decision To Resign – Former Chief Of Staff Under Kufour’s Regime
A former Chief of staff and minister of presidential affairs under the Kufour administration has called for the resignation of some Ministers. Kwadwo Okyere Mpiani is firm in his conviction the utterances of the Finance Minister before the government decided to seek the intervention of the International Monetary Fund (IMF) …
Read More »Finance Ministry : Free SHS, And Other Flagship Policies Won’t Be Cancelled Under IMF Bailout
The Ministry of Finance has allayed fears about the fate of government’s flagship Free SHS policy and other landmark programmes. In a statement on Tuesday, the Ministry said that the Free SHS policy and other popular government initiatives would not be canceled despite the state’s application for IMF support. The …
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