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Tag Archives: ATTA

Domestic Debt Exchange: Economist educates Ofori-Atta, Gabby on ‘implicit haircuts’

Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange on December 4, 2022; with the view that details of the said programme will be presented today, December 5. One of three key points he put out in his four-minute address was the fact that there “There will be NO …

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LIVESTREAMED: Ken Ofori-Atta announces Ghana’s domestic debt exchange

Minister of Finance Ken Ofori-Atta has been announcing measures to be contained in Ghana’s Domestic Debt programme. Speaking at a press briefing today, December 4, 2022; he outlined different measures as relates to among others Treasury Bills, other domestic bonds etc. “Your T-bills are safe. Treasury bills are totally exempted …

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New Sunyani Airport terminal building planned for 2023 – Ofori-Atta

The old terminal building at the recently inaugurated Sunyani Airport is to be remodeled and expanded to accommodate the expected increase in passenger throughput. The facility was officially inaugurated on Wednesday, August 3, 2022, after a seven-year closure to allow for an extensive renovation of the domestic airport sited in …

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Sack Ofori-Atta after passage of Appropriation bill – NPP MPs to Akufo-Addo

Spokesperson for the majority MPs asking for the removal of the Finance Minister, Lawyer Andy Kwame Appiah-Kubi says they expect the President to act on the request to get Mr. Ken Ofori-Atta out of office in the coming days. In an interaction with Journalists in Parliament, Mr. Andy Kwame Appiah-Kubi …

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‘GhanaAirlines’ to commence operations in 2023 – Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta has announced government’s plan to commence operations for the new home-based carrier in 2023. This comes after government has signed the necessary shareholders and partnership agreements with the selected strategic partner for the home-based carrier. Speaking on the floor of Parliament to present the 2023 Budget …

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Ghana’s public debt increased by GH₵93bn due to cedi depreciation – Ofori-Atta

Ken Ofori-Atta, Minister of Finance, disclosed in the 2023 budget statement that Ghana’s public debt has increased by GH₵93 billion ($6.53 billion at the current rate) due to the depreciation of the Ghanaian cedi since the beginning of 2022. According to him, the said amount is twice more than the …

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Shut up! You are the cause of this Ofori-Atta mess – Political Analyst jabs Minority

Political analyst, Yaw Asani Tanoh is disappointed in the Minority Caucus in Parliament. The Minority has expressed their disappointment over the sudden U-turn by the Majority Caucus after their earlier threats to boycott the 2023 Budget if it is presented by the embattled Finance Minister, Ken Ofori-Atta. “We feel let …

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Ofori-Atta has learnt a bitter lesson – Bagbin

Speaker of Parliament, Alban Bagbin believes that Finance Minister Ken Ofori-Atta will take a cue from the ordeal he has suffered over the past few weeks. Between a censure motion from the Minority and a decision by the Majority to kick him out of office, Mr Bagbin is sure that …

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How ‘rebel’ NPP MPs gave Ofori-Atta the silent treatment during 2023 budget presentation

After months of public calls for the removal of the Minister for Finance, Ken Ofori-Atta, the agitation for his dismissal hit the closest to home when on Tuesday, October 25, 2022, over 80 NPP MPs echoed the calls. The announcement by the MPs through a spokesperson, Andy Appiah-Kubi, who is the …

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Ofori-Atta presented IMF conditionalities to Ghanaians not a budget – Coalition Of National Youth Organizers

A pressure group calling itself, Coalition of National Youth Organizers has described the 2023 budget presented by the Minister of Finance, Ken Ofori Atta as International Monetary Fund (IMF) conditionality. According to them, the budget is draconian and will impose more hardship on the already suffering Ghanaian which is inimical …

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