The Minister for Sanitation and Water Resources was questioned by Hon. Nicholas Amankwah, the Member of Parliament for the Wassa Amenfi East Constituency in the Western Region, regarding the measures the Ministry has implemented to resolve the water crisis in his constituency. On Monday, November 13, 2023, when questioning the …
Read More »Read Kufour tribute to late wife Theresa Aba Kufour
In an eloquent tribute, former president John Agyekum Kufuor thanked her late wife, Madam Theresa Kufuor, for her crucial influence on his life as a politician and a family man. For this reason, he has thanked God for sending him Mrs. Kufuor. “I am so thankful to the good Lord …
Read More »Government to scrap import duties on electric vehicles – Ken Ofori-Atta
For a period of eight years, the government intends to eliminate import duties on imported electric vehicles used for public transit. Additionally, the program will encompass electric vehicles that have been partially or fully disassembled and imported by Ghanaian-registered EV assembly companies. On Wednesday, November 15, 2023, the minister introduced …
Read More »Government targets 2.8 percent GDP growth in 2024: Budget statement
According to Finance Minister Ken Ofori-Atta, the government has set a target for an overall real gross domestic product (GDP) increase of 2.8% for the upcoming year. On Wednesday, November 15, 2023, Ofori-Atta delivered the 2024 Budget Statement to Parliament. She stated, “Overall Real GDP growth to increase from an …
Read More »The cedi’s stability is a sign of a genuine economic recovery – Finance Minister
According to Finance Minister Ken Ofori-Atta, Ghana’s economy is truly recovering as seen by the cedi’s stability. The cedi’s stability in relation to the US dollar in June and July of 2023 suggests that Ghana has benefited from the International Monetary Fund (IMF) program. Ofori-Atta stated, “The performance of the …
Read More »2024 budget is the true definition of an empty budget – Minority Leader
Following the reading of the 2024 Budget and Financial Statement on Wednesday, November 15, 2023, the government of Nana Addo Dankwa Akufo-Addo and the Minister of Finance, Ken Ofori-Atta, came under fire from Dr. Cassiel Ato Forson, the Minority Leader and Member of Parliament for Ajumako-Enyan-Esiam. Former deputy minister of …
Read More »Parliament begins 2024 budget debate on November 19
Deliberations on the 2024 budget review are scheduled to begin on November 19, and Speaker of the House Alban Bagbin has asked members to become acquainted with the House’s Standing Order. Bagbin stressed that he would strictly follow the guidelines and that he would not use force to enforce them. …
Read More »Government cuts spending to Gh¢226.7bn – Ken Ofori-Atta
According to Finance Minister Ken Ofori-Atta, the government has estimated spending for 2024 of around GHC226.7 billion, or 21.6% of GDP. According to this forecast, total expenditures (commitment basis) will be 6.1% less than in 2022 compared to the previous year. The GHC205 billion that the government plans to spend …
Read More »Government’s YouStart program to begin next year – Finance Minister
Finance Minister Ken Ofori-Atta has stated that the government’s YouStart program is anticipated to launch early in the next year. The government is dedicating GHS200 million to ensuring that more young people are encouraged to pursue entrepreneurship, and it is collaborating with the World Bank to acquire investment totaling USD …
Read More »Government scraps taxes on locally-produced sanitary pads, African prints
Certain tax breaks on sanitary pads and other locally produced goods have been announced by Finance Minister Ken Ofori-Atta. “Mr. Speaker, our tax policy strategy since 2017 has been to provide the private sector with substantial relief until 2020 spending pressures necessitated a more aggressive strategy. When he submitted the …
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