Tag Archives: FINANCE

Finance Minister, Ken Ofori-Atta has presented his statement on government’s use of COVID-19 funds to Parliament. This comes after the Minister was summoned before the House to answer 16 questions tabled to his Ministry from different lawmakers. Prior to his June 22nd appearance, the minister could not avail himself for the intended date …

A report by IMANI Africa has ranked the Finance Ministry as Ghana’s most financially reckless ministry. According to the report dubbed the ‘2022 Fiscal Recklessness Index,’ the Ministry has recorded over 11 billion cedis in losses to the state due to acts of omission and commission by its officials. The …

President of the National Association of Graduate Teachers (NAGRAT) Angel Carbonou has said the government is reaching a point where it might be unable to finance its flagship Free SHS initiative. According to him, the teachers association warned the implementation of the programme will have financing challenges but the government …

Deputy Finance Minister, Dr. John Kumah, has refuted suggestions that the ‘Neutrality Allowance’ being demanded by the Civil and Local Government Staff Association of Ghana (CLOGSAG) is compensation for them not engaging in political activities. According to him, ‘Neutrality Allowance” is a term a committee set up by the government came …

Deputy Minister for Finance, Abena Osei-Asare, has named the Managing Editor of the New Crusading Guide, Abdul Malik Kwaku Baako, his newspaper, and a journalist as plaintiffs in a defamation suit filed on her behalf. In the suit filed in an Accra High Court on Wednesday, April 6, 2022, the …

The Finance Ministry has stated that ATM withdrawals will not attract the 1.5% charge on electronic transfers. Also, same person transactions will not attract the E-Levy. The E-Levy is a tax imposed on electronic transfers charged at the time of transfer. The levy shall be administered by the GRA and …

Minister for Finance, Ken Ofori-Atta stated emphatically that all things being equal, Parliament will pass the E-Levy by the end of March 2022. Addressing the public on the decisions taken by the government towards reviving the economy he said the levy which has been opposed by the Minority will be passed. He …

The National Petroleum Authority (NPA) says it has made a request through the Energy Ministry to the Finance Ministry to “review or reduce or remove” some taxes and levies on petroleum products in the country. The NPA says it is waiting for the Finance Ministry to do its analysis on …

Deputy Finance Minister and the Member of Parliament for Atiwa East Constituency of the Eastern Region, Hon. Abena Osei Asare has urged Ghanaians to refrain from limiting women to the kitchen and other menial jobs which have cut many women off the table of decision making and societal contribution. According …

Deputy Finance Minister, John Kumah, has affirmed Prof Kwesi Botchwey’s assessment that Ghana is in an economic crisis. In an interview on Neat FM, monitored by GhanaWeb, John Kumah said that the government acknowledges there are difficulties, but these difficulties are not beyond the strength of the country. The deputy minister …