A provision of GH¢4 billion was made in the 2024 Budget to address the National Investment Bank (NIB),
GH¢4 billion provision has been made by the government in the 2024 Budget to address the National Investment Bank (NIB),
“Mr. Speaker, in addition, a provision of GH¢4 billion has been made in the 2024 Budget to address the National Investment Bank (NIB), distressed SDIs, and other outstanding legacy challenges in the financial sector.” Ofori Atta.
According to the finance minister, the ongoing litigation commenced by shareholders Blackshield Capital Management Limited (formerly Gold Coast Securities Limited), the SEC will continue to engage the Official Liquidator and clients of the defunct Blackshield to reach a consensus on a framework for a bailout intervention and an amicable resolution of the impasse.
No 150 of the 2024 budget