The government’s pledge to reduce spending in the face of the present economic crisis does not appear to have satisfied the minority. The NDC MPs think the ostensible steps indicated in the 2023 budget are insufficient to represent the government’s attempt to share the burden at this critical juncture. On …

Ghana’s Domestic Debt Exchange Program was launched by Finance Minister Ken Ofori-Atta in an effort to improve the country’s ability to pay down its debt. The Finance Minister stated that the goal of the program was to “invite holders of domestic debt to voluntarily exchange approximately GH137 billion of the …

More than half of Ghana’s overall earnings and more than 70% of the country’s tax receipts, according to Finance Minister Ken Ofori-Atta, are used to pay off the State’s debts. On Monday, December 5, 2022, the Finance Minister stated that Ghana’s debt sustainability research showed that the country’s debt is …

Former President John Agyekum Kufour advises leaders of state to dismiss their appointments if they are not functioning as expected. He asserts that it is their duty to make such risky choices in order to keep their country on course. Calls have already been made for the Akufo-Addo government to …

The Health Services Workers’ Union (HSWU) has promised to oppose any effort by the government to interfere with its members’ pensions. At a press conference on Sunday, HSWU General Secretary Franklin Owusu Ansah stated, “If the government feels it so vital to execute the debt restructuring, we will encourage them …

Following the conclusion of the Debt Sustainability Analysis as part of discussions with the International Monetary Fund (IMF)., the government has disclosed the specifics of a local debt swap. Domestic bondholders are expected to exchange their current instruments for new ones in accordance with the scheme, Finance Minister Ken Ofori-Atta …

The planned debt restructuring scheme as outlined by the government will not be accepted, according to the minority in parliament. The policy, in the opinion of the Caucus, is unacceptable and cannot be allowed to continue. This was said by the Minority Leader, Haruna Iddrisu, on Monday, December 5. He …

At the 38th National Farmers’ Day ceremony, Nana Yaw Sarpong Serebour was named best farmer. The mixed-crop and livestock farmer wins GH $1,000,000 in addition to a two-night, fully-paid stay at the Peduase Valley Resort. In addition to owning 900 acres of oil palm plantations, 65 acres of cocoa plantations, …

On November 28 and 29, 2022, in Berlin, the governments of Ghana and Germany concluded bilateral talks on development cooperation. Ken Ofori-Atta, the minister of finance of Ghana, served as the mission’s leader. Other members of the trip included the ambassador of Ghana to Germany, Mrs. Gina Ama Blay, as …

Dominik Livakovic emerged as Croatia’s savior, making three crucial saves to help his country advance to the World Cup quarterfinals as they overcame Japan 3-1 on penalties at Al Janoub Stadium, breaking the Samurai Blue’s hearts. After defeating Spain and Germany in the group stage, Hajime Moriyasu’s Japan team entered …