The Ghana National Association of Teachers (GNAT) has waded into the on-going debate on the government’s impending Debt Exchange Program set to be rolled out. According to the teachers, they are interested stakeholders on the Domestic Bond Market, running on the Teachers Fund with its subsidiaries, the Tier-3 Pension Scheme …
Read More »HIV/AIDS Fund to be reactivated soon -President
President Nana Addo Dankwa Akufo Addo, has given the assurance that government willoperationalise the National HIV and AIDS Fund to increase domestic resource mobilisation to improve care. The President gave the assurance following calls to re-activate the Fund to increase domestic resource mobilisation due to the recent upsurge in new …
Read More »BoG beats retreat on printing GH¢22 bn to fund budget – Minority
The NDC minority caucus in parliament has cautioned the Bank of Ghana(BOG) to yield to Parliamentary oversight in its dealings, particularly in relation to money printing to finance government spending. A statement issued by the minority leader, Haruna Iddrisu on Friday, August 19, 2022 said the fiscal dominance regime the …
Read More »COVID-19 Trust Fund left with GH¢9m in account; appeals for more funds
The Chairperson of the COVID-19 National Trust Fund, Justice Sofia Akuffo, is appealing for more donations for the fund, as they have only a balance of GH¢9 million left in their account. During the peak of the Coronavirus pandemic in 2020, a trust fund was set up to enable well-meaning …
Read More »Shatta Wale to host virtual meeting with fans on how to use donated bail fund
Sensational dancehall artiste, Shatta Wale, has said that Ghanaians simply misquoted him when he asked for cash donations via social media after meeting his bail conditions served by an Accra Circuit Court. The vociferous singer took to Facebook to appeal to the emotions of his followers, asking them to send him …
Read More »Yao Domelevo appointed to audit committee of Global Fund
Former Auditor-General, Daniel Yao Domelevo, has been appointed to the Audit and Finance Committee of Global Fund. The board approved his appointment, together with 11 others on the committee, on 4th May 2022. The Global Fund is a financing institution, providing support to countries in the response HIV, TB and …
Read More »How Nigeria built its magnificent ‘National Cathedral’ without a penny of state funds – Bright Simons narrates
Honorary Vice President, IMANI-Africa, Bright Simons has brought some perspective to the subject of the National Cathedral construction in Ghana with regards to how a similar project was executed in neighbouring Nigeria. Speaking on Newsfile on Saturday, June 18, 2022, Bright Simons explained that Nigeria began the construction of a …
Read More »No Covid fund accountability, no MoF business in parliament – Bagbin to Ofori-Atta
All parliamentary business concerning the finance ministry has been put on hold by Speaker Alban Bagbin over the minister’s failure to show up in parliament on Thursday, 16 June 2022 to brief the house on some issues within his ministry. Mr Ken Ofori-Atta was scheduled to answer 16 questions and deliver an important statement …
Read More »We’ll fund National Cathedral; it will pay off – Ofori-Atta
The Minister of Finance Ken Ofori-Atta says government will find the resources to fund the controversial national Cathedral because it will pay off in the long run. According to him, poverty should not drive the nation to shun its religiosity. “At any point in time when these buildings were built …
Read More »COVID-19 Trust Fund: GH¢62M received; GH¢50M disbursed – Sophia Akuffo
The COVID-19 National Trust Fund says a total of GH¢62 million has so far been received by the Trust since its establishment in March 2020. Chairperson of the Fund, Madam Sophia Akuffo says out of the GH¢62 million, GH¢50 million has been disbursed to hospitals, health centres and other agencies …
Read More »