The National Democratic Congress (NDC) Members of Parliament representing the Upper West Region have expressed their profound thanks and gratitude to the Rt Hon Speaker of Parliament, Alban S. K. Bagbin, for his unwavering support to the Caucus over the last three years. In a statement issued by the leader of the caucus, Dr. Rashid […] The post Upper West NDC MPs extend gratitude
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has vowed to cancel the supply of food items to Senior High Schools by the National Food Buffer Stock Company as part of his vision to review the Free SHS policy. John Mahama says feeding grants would be channelled through the heads of Senior […] The post No more Buffer Stock –
For the second time, the Kejetia Market in the Ashanti region finds itself disconnected from the national power grid due to a Ghc70 million debt owed to the Electricity Company of Ghana (ECG). Since the disconnection occurred about a week ago, the market has been dependent on an alternative power plant as its energy source. […] The post Dumsor: ECG disconnects Kejetia
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […] The post Any
The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding the approved rates. Executive Secretary […] The post Transport
The Ghana Cocoa Board (COCOBOD) has painted a gloomy picture of the potential loss of Ghana’s premium position in the international cocoa market due to activities of illegal mining. In an interview on The Point of View with Bernard Avle, Prof. Michael Kwarteng, Director of the Anti-Corruption Galamsey Unit of COCOBOD, lamented the adverse impact […] The post Ghana
By Joshua Worlasi AMLANU [email protected] Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […] The post
Dr. Rashid Pelpuo, Member of Parliament for the Wa constituency and a key figure in the National Democratic Congress (NDC), engaged some members of the NDC Norway branch in Oslo to discuss critical national issues concerning Ghana’s economy and national politics. The meeting, held on the sidelines of the United Nations conference on Parliamentarians, focused […] The post NDC
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […] The post We won’t overburden Ghanaians
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […] The post IMF
Godwin Edudzi Tameklo, the Director of Legal Directorate for the National Democratic Congress (NDC), has expressed concerns about the government’s alleged plan to rename the Ameri Power Plant as the Kumasi 1 Thermal Power Plant. The Volta River Authority in a recent Facebook post announced the commissioning of the Kumasi 1 Thermal Power Plant (K1TPP) […] The post Rebranding
The founder and leader of the Movement for Change, Alan Kyerematen, has pledged to abolish several taxes imposed on imports that he said are unnecessary and a huge burden to the trading community. Mr. Kyerematen made the pledge in an engagement with members of the Ghana Union of Traders Association (GUTA). He said the abolishment […] The post Ghana will have
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
The Minister for Finance, Dr Mohammed Amin Adam has stated that the effective implementation of the programme with the International Monetary Fund (IMF) is yielding some good results. He says the country is now witnessing relative macroeconomic stability and seeing signs of economic recovery. Speaking at a joint IMF, Ministry of Finance, Bank of Ghana, […] The post Govt
The International Monetary Fund (IMF) has expressed satisfaction with Ghana’s Economic performance under the IMF-supported program, as it reaches staff-level agreement on the second review of Ghana’s economic program under the Extended Credit Facility (ECF) arrangement. Addressing the media at a joint news conference with the Bank of Ghana (BoG) and the Ministry of Finance […] The post IMF:
The Minister for Works and Housing, Kojo Oppong Nkrumah has tasked contractors working on the Greater Accra Resilient and Integrated Development (GARID) project to expedite construction works to mitigate the risk of flooding in the Capital during the rainy season. The Minister’s directive came in a meeting on Friday, April 12, 2024, with project coordinators […] The post Work
The Ghana Tertiary Education Commission (GTEC) is introducing a framework to break down barriers that hinder access to education for all Ghanaians in the tertiary space through distance learning. The Commission, together with other relevant stakeholders are advocating for a system that pushes for inclusivity and the use of technology. Speaking at a Stakeholder Dialogue […] The post GTEC
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […] The post Govt
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