Finance Minister Dr. Mohammed Amin Adam has warned of a possible increase in foreign exchange demand if Ghana is forced to import food to address shortages caused by the ongoing drought in Northern Ghana. During a press conference in Accra on Monday, August 26, Dr. Amin Adam expressed cautious optimism …
Read More »2022 Budget: ‘Krom ayɛ shi’ – Haruna Iddrisu taunts Finance Minister
Minority Leader, Haruna Iddrisu, has taunted the Minister for Finance, Ken Ofori-Atta over his presentation of the 2022 Budget Statement and Economic Policy dubbed the ‘AGYENKWA Budget’ which is aimed to provide relief to Ghanaians. According to the Finance Minister, the government will be introducing further taxes to expand the …
Read More »Finance Minister briefs House of Chiefs on Agyapa Royalties deal
Mr Ken Ofori- Atta, the Minister for Finance has appeared before the National House of Chiefs to brief members on the concept and benefits that Ghana would derive from the Agyapa Royalties deal. The move formed part of a broader stakeholder consultation being undertaken by the Ministry to explain the …
Read More »Over 96% of locked-up funds in collapsed banks ‘fully paid’ – Deputy Finance Minister
A Deputy Finance Minister, Charles Adu Boahen, has said a big chunk of depositors locked-up funds during the banking sector clean-up have been settled. He said at least 96% of persons whose monies were locked-up in the collapsed banks and saving and loans companies have received their deposits. Mr Charles …
Read More »Finance Minister challenges Auditor General
Minister of Finance, Ken Ofori-Atta, is challenging the Auditor General (AG), Daniel Yaw Domelevo, for appointing two of his staff onto a committee mandated to ensure proper and effective financial management practices of his office. Mr. Ofori-Atta believes the AG does not have the power to make such nominations on behalf …
Read More »2019 has been a very good year – Finance Minister
The Minister of Finance, Ken Ofori-Atta has described the year 2019 as “a very good year for Ghana.” According to him, this was evident in the growth recorded in the various sectors of the economy. “This is the year that one can confidently say that God’s blessings of the hard …
Read More »Budget 2020: Finance Minister makes bold appearance with his famous ‘brown bag’
Finance Minister, Ken Ofori-Atta is set to present the 2020 budget in parliament today as he is being accompanied by the Vice President of the Republic, Dr. Mahamudu Bawumia. Looking all poised to deliver the budget statement which is in line with Article 179 of the 1992 Constitution and section …
Read More »Finance Ministry meets financial institutions over 2020 budget
Officials of the Ministry of Finance have met a number of Financial Institutions as part of the series of engagements with stakeholders to solicit views for consideration into the 2020 Annual budget. The PFM law requires the Ministry to engage with different stakeholders for their inputs before the annual budget …
Read More »Henry Rotich: Kenyan finance minister denies corruption charges
Kenya’s finance minister has pleaded not guilty to charges of corruption in court, after spending the night in police custody. Henry Rotich is accused of flouting procurement procedures in awarding a contract worth more than $450m (£405m) for the construction of two dams to an Italian firm, CMC de Ravenna. …
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