20 pds%debt
Eight months to the December 2024 general elections, the ruling New Patriotic Party (NPP) has opened a Secretariat for Persons Living With Disabilities (PWDs). The Secretariat, the first since the formation of the NPP and the maiden office, located at the national level, aim to mobilise all PWDs to be part of the NPP’s campaign. […] The post NPP Launches Secretariat for PWDs appeared first on The
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […] The post
The S.D. Dombo University of Business and Integrated Development Studies and the International Labour Organization (ILO) are planning to launch a Shea Entrepreneurship Resource Centre in Tamale, located in the Northern Region. The centre, a part of the ILO’s “Productivity Ecosystems for Decent Work Project”, will concentrate on comprehending labour dynamics, enhancing productivity, and implementing […] The post SDD-UBIDS/ILO
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […] The post The
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
Dext Technology Limited, a prominent education technology company in Ghana, has signed a memorandum of understanding with the University of Education, Winneba to enhance trainee teachers’ access to practical STEM tools. Through this partnership, Dext Technology Limited and the University will collaborate to explore various opportunities, including direct supply of STEM tools to the Department […] The post UEW
The latest data from the Bank of Ghana (BoG) has revealed that Ghana’s public debt climbed to a staggering GH₵610 billion as of December 2023. This figure reflects an Read More... The post Ghana’s Public Debt Hits
The second edition of the Northern Trade, Industry, and Investment Summit was inaugurated at the Dungu campus of the University for Development Studies (UDS) by Lawyer Sulley Sambian, the Chief Executive Officer (CEO) of the Northern Development Authority (NDA). With a theme focused on “Enhancing Trade and Industries in Northern Ghana through Capacity Development and […] The post Northern
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
Mr. Opoku making presentation to one of the beneficiaries Persons with Disabilities (PWDs) in the Effia-Kwesimintsim Municipal Assembly (EKMA) have been advised to use the various items purchased for Read More... The post EKMA Supports 17 PWDs appeared first on DailyGuide
Golden Star Wassa Ltd, through its Golden Star Development Foundation, on Thursday, February 1, 2024, cut sod to commence a series of development projects in its host communities. The beneficiary communities are Akosombo, Akyempim, Brofoyedur, Kubekro, Odumasi, Accra Town, Old Subri, Juaben, and Anyinabriem. The projects are estimated to be more than one million US […] The post Golden
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The Ghana Tertiary Education Commission (GTEC) has instructed the Academic Board of the University for Development Studies (UDS) to withdraw its decision to grant amnesty to students who were not able to complete their programmes within the allowable grace period. UDS, in a statement issued on January 31, 2024, announced its plans to grant amnesty […] The post GTEC ‘blocks’
The Academic Board of the University of Development Studies (UDS) has announced a grant of amnesty to all Diploma, Degree, and Postgraduate students who were unable to complete their programs of study within the stipulated time frame. This amnesty extends to students who have been enrolled in UDS since the 2006/2007 Academic Year. The decision […] The post UDS
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The outgoing Chief of Defence Staff (CDS), Vice Admiral Seth Amoama, has implored the public and all security agencies to accord his successor, Major General Thomas Oppong-Peprah, the needed support to succeed. Speaking at a brief guard of honour and reception organized by the Ghana Police Service (GPS) in collaboration with other allied security agencies […] The post Support
The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
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The government is urgently seeking to build on the momentum of its debt restructuring efforts, following the recent agreement with official creditors to restructure debts extended to the country up until December 2022. Having overcome this hurdle, Reuters reports that government officials will re-engage with its international bondholders from next week, seeking to continue discussions […] The post
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
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