The National Association of Graduate Teachers (NAGRAT) has called for a comprehensive overhaul of the Social Security and National Insurance Trust (SSNIT) management. This appeal comes in the wake of a report by the International Labour Organization (ILO), which forecasts SSNIT’s inability to make full payments to its contributors by 2036. The ILO report indicates […] The post NAGRAT
Vice President of Ghana, Dr. Mahamudu Bawumia, has chosen not to directly address the nation’s economic challenges during his tour of the Eastern Region. While he acknowledged the economic difficulties facing the country, Dr. Bawumia refrained from discussing them in detail, stating only that they are being addressed. The Vice President’s reluctance to speak about […] The post I
Joseph Poku The Social Security and National Insurance Trust (SSNIT), says it has enough reserve capable of paying beneficiaries of the scheme as well as fulfilling its financial obligation Read More... The post SSNIT Reacts To ILO’s Report appeared first on DailyGuide
Kofi Bosompem Osafo-Maafo SSNIT Boss The Social Security and National Insurance Trust (SSNIT) has taken action to clarify misinformation regarding its reserves. The Trust indicated that the current funds Read More... The post We Have Enough To Pay Benefits – SSNIT appeared
The Social Security and National Insurance Trust (SSNIT) has dismissed claims suggesting that the Scheme may face challenges in meeting its financial obligations to beneficiaries in the future, as highlighted in the 2020 International Labour Organization Actuary Report. Acknowledging the speculative nature of the report’s findings, the Scheme firmly stated that these projections do not […] The post Don’t
The Social Security and National Insurance Trust (SSNIT) says payment of pensions to members are not funded by its reserves as reported by some media houses. This follows media reports that SSNIT reserves are being depleted. In responding to the publications, SSNIT assured members that the fund can meet its benefits payment obligations beyond 20236. […] The post Pension payments are not funded
The Social Security and National Insurance Trust [SSNIT) has refuted claims suggesting that its reserves are depleting. There have been reports suggesting that SSNIT will be unable to pay benefits by 2036 as a result of depletion in reserves. But in a statement issued on Friday, April 26, SSNIT said it “presently receives contributions and […] The post Our reserves are not depleting
Kofi Bosempem Osafo Marfo In response to recent reports suggesting that the reserves of the Social Security and National Insurance Trust (SSNIT) are depleting, the Trust has issued a Read More... The post SSNIT
Mr Abebe Aemro Selassie, Director, African Department, International Monetary Fund (IMF), says Ghana will receive its next funding support from the IMF even if it is unable to sign a final debt pact with its official bilateral creditors. This means that the country would receive its third tranche of US$360 million when the IMF Board […]
By: Vivian Akua Amoah ABANTU for Development with support from the African Women’s Development Fund (AWDF) has launched a project with theme “Strengthening Activism for a Gender-Responsive Elections 2024 in Ghana”, launched on the 18th of April 2024 in Accra. The project is intended to increase the effectiveness of citizens actions for an inclusive, credible […]
A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […] The post MoF, MASLOC
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:
April 13, 2024 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will […] The post Full
The Presidency has explained the reasons behind the dismissal of Dr John Ofori-Tenkorang as the Director-General of the Social Security and National Insurance Trust (SSNIT). In a statement on Saturday, April 13, the Director of Communications at the Presidency, Eugene Arhin, clarified that Dr Ofori-Tenkorang’s dismissal was not due to misconduct or malfeasance. On Monday, […] The post SSNIT
The government is under scrutiny for its handling of the co-financing agreement with the Global Fund, as revealed by Ernest Amoabeng Ortsin, the president of the Ghana HIV and AIDS network. This issue has come to the forefront following the Ministry of Health’s clearance of 14 containers of anti-retroviral drugs and TB medications at the […] The post Govt
The Presidency has refuted speculations that the outgoing Director-General of the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang was dismissed for engaging in some wrongdoing. A statement released by the Director of Communications for the Presidency, Eugene Arhin said, such speculations have no basis. “Contrary to some speculations in the media, the […] The post Sacked
The Presidency has touted the great transformation made to the operations of the the Social Security and National Insurance Trust (SSNIT) by its outgoing Director-General, Dr John Ofori-Tenkorang. A statement released by the Director of Communications for the Presidency, Eugene Arhin said President Akufo-Addo values the contribution of Dr Ofori-Tenkorang to the development of SSNIT. […] The post President
The Executive Director of the Africa Center for Health Policy Research and Analysis, Dr. Thomas Anaba, has disclosed that the locked-up medical supplies donated by the Global Fund have led to a surge in tuberculosis, malaria and HIV/AIDS cases. The supplies which include antiretroviral drugs for HIV/AIDS patients and mosquito nets for pregnant women have […] The post Cases
Ghana faces a potential health crisis after the Global Fund suspended shipments of essential medical supplies due to delays in clearing previous donations stuck at Tema Port. This includes vital antiretroviral drugs for HIV/AIDS patients. The Africa Center for Health Policy Research and Analysis (ACHPR&A) expressed grave concern over the government’s inaction in expediting the […] The post Health
The Ghana Epidemic Preparedness Financing Advocacy has urged the government to create and implement a domestic financing strategy for health emergency readiness and response. This plea is based on the essential need to strengthen the country’s Global Health Security capabilities and ensure a quick and effective response to health emergencies. On Tuesday, April 9, Mr […] The post Ghana
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