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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO

    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Nigeria: 2017 Budget Will Bring Nigeria Out of Recession – Dogara

bycitibusinessnews
January 11, 2017
in Africa, Top Stories, West Africa
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Speaker of the House of Representatives, Yakubu Dogara has expressed optimism that the 2017 budget would lead the country out of its current economic recession.

Dogara, who said this on Tuesday in his address welcoming members from Christmas holidays also assured that the House will implement reforms to the budget process to make it more transparent and devoid of controversy.

The Speaker also urged his colleagues to consider the task of passage of the appropriation bill as the most critical and urgent.

He said, “the 2017 budget remains the major tool to rejig Nigeria’s economy and pull it out of recession.

“2017 is perhaps the year to pass critical bills before active politicking starts. Critical bills designed to stimulate and streamline our economy such as the Public Procurement Act amendment, Federal Competition Bill, Petroleum Industry bill, etc will receive expeditious consideration. Important Bills on Constitution alteration and Amendment to the Electoral Act also deserve expeditious consideration and passage”.

Dogara stressed that the current economic challenges being faced by Nigerians calls for urgent need for economic growth and stimulation to be the central focus of their legislative work.

“We must brace up and work assiduously and conscientiously to give Nigerians a budget that will not only lift us out of recession but kick start the needed expeditious journey into Nigeria’s prosperity. We pledge to reform the budget process. “

“To this end therefore, we would ensure that the procedure and process of consideration and passage of the 2017 Budget is transparent, inclusive and professionally handled. The details of the Budget should be debated and passed in Plenary to avoid those needless pitfalls that normally characterize the budget process,” he said.

–

Credit: All Africa

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