Finance Minister fails to secure Committee’s approval for GHC15 billion for banking sector clean up

Finance Minister Ken Ofori-Atta has failed to secure approval from the finance committee of parliament for an amount of 15.6 billion cedis for the banking sector clean-up. The additional amount, according to a memorandum to parliament from Mr Ofori-Atta on November 28, 2019, is to be used to “protect depositors of failed financial institutions and […]