The Ministry of Finance has refuted allegations that a private company has been awarded a contract to collect the proposed Electronic levy (E-levy) on Mobile Money transactions, inward remittances and ATM withdrawals. Instead, the Finance Ministry in a statement issued yesterday said the Ghana Revenue Authority is the state agency mandated to collect the levy […]
The government has made concessions in the 2022 Budget Statement as part of consensus-building around the policy document. The concessions include the exclusion of mineral royalties collateralisation in the Agyapa Royalties deal, the earmarking of about GH¢10 million to complete feasibility studies and engineering for coastal communities adversely affected by tidal waves, as well as […]
The government is rolling out a GH¢10-billion package over three years as support for start-up businesses and youth entrepreneurship ventures in the country. In line with this, the government, through the E-Levy, proposes to use GH¢1 billion each year to catalyse an ecosystem to create one million jobs. In partnership with its development partners, the […]
The government expects to mobilise about GH¢6.5 billion from the newly introduced E-Levy next year, the Minister of State at the Ministry of Finance, Mr Charles Adu Boahen, has told Graphic Online. The levy imposes a 1.75 per cent tax on mobile money and other electronic (E) transactions that exceed GH¢100 per customer per day. […]
Finance Minister, Ken Ofori-Atta has indicated that the 2022 budget will be heavy on job creation and entrepreneurship. According to him, government is committed to putting in place those measures that will help deal with the unemployment situation in the country as well as recent challenges with the employment of fresh graduates for the public […]
The Minister of Finance, Mr Ken Ofori-Atta, will today address the country’s teeming youth at the Springboard-Ghana Cares Youth Dialogue programme which will take place at the University of Professional Studies, Accra (UPSA). The programme, which will be held on the theme: “Opportunities for Ghana’s youth under the Ghana-CARES Programme”, will bring together tertiary students, […]
The Minister of Finance, Mr Ken Ofori-Atta is still at post, the Ministry has clarified in a press statement. The statement dated Tuesday, October 5, 2021 issued by the Public Affairs Directorate of the Ministry of Finance follows reports on social media that Mr Ofori-Atta has resigned from his position. It said Mr Ofori-Atta is […]
Government has announced a new initiative known as “One Million jobs initiative” to aggressively respond to the need of the country, particularly in the areas of job creation and employment. The “One Million jobs initiative” will help to promote growth in SMEs, support new ventures, and stimulate innovation and start-ups. The Minister of Finance, Ken […]
The Minister of Finance, Mr Ken Ofori-Atta, will today lay before Parliament, the 2021 mid-year budget review for its consideration and adoption. The budget review, which is in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act 921, will give the fiscal authority an opportunity to revise macroeconomic targets and […]
The government allocated a total amount of GH¢7.62 billion for the implementation of the Free Senior High School (SHS) programme during the past five years, the Minister of Finance, Mr Ken Ofori-Atta, has told Parliament. He said GH¢4.18 billion out of the amount representing 54.76 per cent, was sourced from the government of Ghana (GoG), […]
The Minister of Finance, Mr Ken Ofori-Atta, has expressed confidence that investment inflows into the economy will increase in the coming days, following Ghana’s successful exit from the global list of countries with deficiencies in their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regimes. The finance minister said the exit meant that the international community […]
The Minister of Finance, Mr Ken Ofori-Atta, has commenced a series of engagement with the youth across the country aimed at igniting an entrepreneurial spirit for accelerated job creation and financial independence for the nation’s youth. The programme is part of efforts to share and urge the youth of Ghana to take advantage of opportunities […]
