Finance Minister Ken Ofori-Atta has assured that treasury bills (T-bills) are exempted from government planned debt exchange programme. He gave the assurance in a statement issued on Sunday, December 4, 2022. According to Mr Ofori-Atta, small investors, individuals and other vulnerable groups who have invested in T-bills are exempted from the debt exchange exercise. “Treasury […]
The government has settled on a softer payment plan with institutions and individuals who have lent money to the country as part of efforts to reduce the burden the public debt stock puts on the economy. The plan, which is in line with the government’s commitment to restore macroeconomic stability in the shortest possible time, […]
Majority MPs in Parliament have threatened to boycott t of the 2023 budget debate if Finance Minister, Ken Ofori Atta is not sacked. Addressing a press conference on Tuesday, the NPP lawmakers stated that they are displeased with the management of the economy under Ken Ofori-Atta. The MPs have therefore signed a petition urging the […]
Former President John Dramani Mahama has advised the government to rally the citizens in efforts to surmount the economic challenges facing the country. He noted that in circumstances such as the current economic crisis, the support of everyone was important, stressing that the government had to let the people know what sacrifices they needed to […]
Some Majority Members of Parliament numbering about 80 have asked President Nana Addo Dankwa Akufo to remove finance minister, Ken Ofori-Atta and the minister of State at the ministry, Charles Adu Boahen, from office now to help restore confidence in Ghanaian economy. The group said it will not do business with government if the president […]
The Chair and Managing Director of the International Monetary Fund (IMF), Kristalina Ivanova Georgieva-Kinova, says her outfit is willing to assist Ghana to put the country’s economy on a better footing. The Bulgarian economist made this known in a tweet on Friday, August 26, 2022. According to her, the IMF’s decision to support Ghana stems […]
Ghana has been rated as the world’s fastest-growing economy according to the International Monetary Fund (IMF) World Economic Outlook according to a report on dw.com. Ghana’s economy is skyrocketing. That is what the World Bank and the International Monetary Fund (IMF) predict for this year. The IMF talks of a growth rate of 8.8% in its […]
