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Tag Archives: FINANCE

Former Finance Minister Dr Akoto Osei is dead

Dr Anthony Akoto Osei, a former Minister for Finance and a Member of Parliament, has been reported dead. The death was confirmed by Parliament through its official Facebook handle late Monday, March 20. “Former Old Tafo MP, Hon. Dr Anthony Osei Akoto passes away. May he rest in peace,” Parliament’s …

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Pensioners to picket at Finance Ministry over DDE

Pensioner Bondholders Forum, a group fighting for the protection of the pensioners who have invested in government bonds has vowed to picket at the premises of the Finance Ministry until its members are exempted from the Domestic Debt Exchange Programme (DDEP). The group in a statement explained that attempts to …

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Bryan Acheampong for Agric Ministry, Sticka for Finance: The expected moves in Akufo-Addo’s first reshuffle

The first major reshuffle of the Nana Addo Dankwa Akufo-Addo administration is in the offing with speculations rife that the announcement could be made within the week. Within the New Patriotic Party and Ghanaians in general, there is an anxious wait for the changes president Akufo-Addo could introduce into his team for …

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NABCO beneficiaries to picket at Finance Ministry over unpaid allowance

Beneficiaries of the Nation Builders Corps (NABCO) say they will picket at the Finance Ministry to demand allowances due them under the just-ended programme. They said the economic situation of trainees had worsened due to the failure of government to pay their eight months allowance after government had asked them …

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Finance Ministry ‘celebrates’ cedi gains against dollar in Bloomberg report

The Ministry of Finance has noted recent wins by the national currency, the Ghana cedi, according to a Bloomberg report of December 9. The official handle of the Ministry shared a photo from the Bloomberg article showing the gains made by the cedi. The graphic showed that the Ghana cedi …

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We might have over-borrowed – Deputy finance minister

Deputy Finance Minister, Dr John Kumah, has said that the current hardship in the country might be because the government over-relied on borrowing to run the economy. According to him, the government could have considered other alternatives to financing its projects and programmes aside from borrowing. “Maybe the levels of …

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Ghana, Nigeria, others to unlock $26 billion on lower trade finance cost

Nigeria, Cote d’Ivoire, Ghana, and Senegal could earn up to $26 billion from lowering costs and increasing the availability of trade finance, a new report released by the International Finance Corporation (IFC) and the World Trade Organisation (WTO). The report, Trade Finance in West Africa examined the major barriers to …

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‘If I am a vice president, how can a finance minister bully me?’ – Ken Agyapong slams Bawumia

Assin Central Member of Parliament, Kennedy Agyapong as taken on the vice president, Mahamudu Bawumia, claiming that the second gentleman has allowed himself to be bullied by the embattled finance minister Ken Ofori-Atta. Agyapong in a viral audio making the rounds on social media throughout Tuesday, November 29, is heard …

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Finance ministry announces possible ‘haircuts’

The Ministry of Finance has announced the government is looking into the possibility of conducting a debt operation that will cover the terms of payments of principal and interest on public debts (government bonds) – ‘Haircut’. The ministry indicated that the move will help reduce the pressure on the government’s …

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Highlights of 2023 budget presentation by finance minister

The Minister of Finance, Ken Ofori-Atta has appeared before parliament to fulfill his constitutional mandate by presenting the government budget to the House. The presentation was in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921). GhanaWeb in this article highlights …

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