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Govt jubilates over robust economic growth success in 2017

Government says it has returned Ghana to a robust economic growth in the first year of the Akufo-Addo administration despite the huge challenges it inherited. From a ballooning debt stock, strangling fiscal deficit it inherited in 2016, the Finance Minister, Ken Ofori Atta has said the prudent management of the …

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#2018Budget: Energy bond highest in W. Africa – Ofori-Atta

Finance Minister Ken Ofori-Atta has said the energy bond that was issued in October this year was the highest in West Africa.As indicated in the Mid-Year Fiscal Policy Review, Mr Ofori-Atta said government planned to restructure the debt of the energy sector SOEs by leveraging the Energy Debt Recovery Levy …

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2018 Budget: GH¢932m for new regions referendum

The referendum on the proposed creation of four additional regions is estimated to cost the country around GH¢932 million.The amount is expected to be set aside in the 2018 Budget and Economic Policy Statement of the government due to be presented to Parliament today, Wednesday, 15 November.It is not clear …

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Review, forecast of 2018 budget to be presented today

The 2018 budget presentation on Wednesday, November 15, 2017 will be a major test of the acclaimed prowess of government’s economic management team. The financial statement to be presented to Parliament by Finance Minister, Ken Ofori-Atta, would have to find a sound solution to the revenue shortfall problem, while at the …

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Minority Manufacturing Figures In Energy Bond Critique – Oppong Nkrumah

The Deputy Minister of Information, Kojo Oppong Nkrumah, has questioned the figures being used by the Minority in Parliament in their claims that the Finance Minister, caused financial loss to the state with the recent issuance of the Energy Sector Bond. The deputy Minister said the Minority was “pulling the …

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109 1District, 1Factory Proposals Ready For Implementation – Akufo-Addo

Some one hundred and nine proposals are currently ready for implementation in line with government’s agenda to build a factory in each of the 216 districts in the country, that’s according to President Akufo-Addo. The One District, One Factory project is one of the major promises made by President Akufo-Addo’s …

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Ghanaians Will Soon Pay More For LPG

The cylinder recirculation policy has been touted as one that will greatly minimise gas explosions in the country, but it will come at a cost. CEO of the National Petroleum Authority (NPA) Hassan Tampuli, has told Joy News the pricing of Liquefied Petroleum Gas (LPG) will now be influenced by …

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Businesses Push For Reduction In Power Tariffs

Businesses have expressed optimism that the government will use the 2018 Budget and Economic Policy to announce a reduction in what they described as the high cost of power for industries to be more competitive. They also want the financial statement to reverse the current electricity tariff structure where industries …

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39 Danish investors to visit Ghana

Some thirty-nine leading businesses and investors are expected to join Her Majesty the Queen of Denmark as part of a two-day State visit to Ghana from November 23 to 24. The Danish business delegation are drawn from four key sectors including agriculture and food products, sustainability, the maritime sector, infrastructure …

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2018 budget will improve domestic revenue collection – Ofori-Atta

Finance Minister, Ken Ofori-Atta has stated that the 2018 budget which will be presented in parliament later this month will use innovative ways to improve domestic revenue collection for economic development. This follows calls from the Institute of Fiscal Studies, urging government to use the 2018 budget to improve tax …

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