Tag Archives: OFORI

Finance minister Ken Ofori-Atta has declared Ghana’s readiness to go to the International Monetary Fund (IMF) Board as it pushes for a US$3 billion Extended Credit Facility. The Paris Club and other major partners, this week, announced that it was giving financing assurances to allow Ghana receive the facility. Reacting to the development via …

Ghana’s Finance Minister, Ken Ofori-Atta has announced that it would take a while for the country to return to the international capital market. According to him, it may take at least three or more years. Ken Ofori-Atta explained that, although this new development may look like a challenge, it presents the country with …

The Suhum District Police Command in the Eastern Region on Thursday, April 20, 2023 stormed Amanase Chief’s Palace to retrieve skeletons of exhumed human bodies kept at the palace. The bodies were exhumed from the royal cemetery in the community after it was reportedly sold to an investor by Okyenhene …

The government of Ghana will this week start actively engaging external debtors with the view to getting debt cancellation, especially from the Paris club of creditors. The first stop of a government delegation seeking debt restructuring will be in China with Minister of Finance Ken Ofori-Atta will be leading the team expected …

Former Chief Executive Officer of the defunct UT Bank, Prince Kofi Amoabeng has spoken about what led to the collapse of his bank; the UT Banks, some 6 years after its collapse. The UT Bank was one of many affected during the New Patriotic Party (NPP)’s banking sector cleanup, leading …

Ghana’s finance minister, Ken Ofori-Atta was nominated by President Nana Addo Dankwa Akufo-Addo in 2017 and was renominated after the governing New Patriotic Party (NPP) retained power in the 2020 elections. Ofori-Atta assumed office as Minister of Finance on January 27, 2017, and has served in that capacity for almost seven years. …

The National Communications Officer of the National Democratic Congress (NDC), Mr Sammy Gyamfi has said Finance Minister aken Ofori-Atta is a disease plaguing Ghana’s economy. Speaking on Newsfile on Saturday, 11 February 2023, Mr Gyamfi said: “This is the luckiest government we have seen in history”. “They’ve had unprecedented oil revenue, …

Following calls for some exemptions from government’s Domestic Debt Exchange Programme (DDEP), Finance Minister, Ken Ofori-Atta has been summoned. The Speaker of Parliament, Alban Bagbin, on Tuesday, February 7 endorsed a call from both sides of parliament for the minister to brief the House on the policy statement and issues emerging since its introduction. …

Leading member of the New Patriotic Party, Dr Richard Amoako Baah says the Minister for Finance, Ken Ofori-Atta should be blamed for the state of Ghana’s economy. According to him, the minister as the driver of Ghana’s economy had become intoxicated from ‘partying’ and engaging in reckless borrowing leading the country into an …

For several months Ghanaians have demanded and expected a major reshuffle in the government of President Nana Addo Dankwa Akufo-Addo. Advocates of the reshuffle have cited the state of the economy and the non-performance of some appointees including ministers to support their course. With some key ministers in his government resigning …