Tag: 2023 Mid-year Budget Review
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ISSER calls for limits on Bank of Ghana’s government financing
The Institute of Statistical, Social and Economic Research (ISSER) has called for a decrease in the Bank of Ghana’s (BoG) funding of the government budget, emphasising that such deficit financing by the central bank has significant implications for money supply, inflation, and the exchange rate. In its assessment of the government’s Mid-Year Budget, ISSER highlighted…
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We’ve stabilised exchange rates, inflation, other fiscal challenges – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta in his 2023 mid-year budget review has indicated that the measures put in place by the government in attempts to mitigate the impacts of COVID-19 and the current economic challenges have resulted in stabilizing fluctuating exchange rates, softened inflation, and brought down interest rates. The Finance Minster in his…
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2022 was my most difficult year as Finance Minister – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta says 2022 was his worst year as the manager of Ghana’s public purse. Presenting the 2023 mid-year budget review in Parliament on Monday, July 31, Mr. Ofori-Atta indicated that the aftermath of the COVID-19 pandemic posed a great challenge for him and the governing New Patriotic Party forcing the…
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Economic crisis: We’ve turned the corner – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, has revealed that Ghana is currently making modest gains in turning the economy around after experiencing severe economic hardship in 2022. During the 2023 Mid-Year Budget Review presented in Parliament on July 31, Mr Ofori-Atta highlighted that the government’s plans and programmes are starting to yield positive results. In his…
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Finance Minister unveils Ghana’s mutual prosperity dialogue framework to address investment challenges
Finance Minister, Ken Ofori-Atta, on Monday, July 24, 2023, held a crucial meeting with the Business Community in preparation for the highly anticipated mid-year budget review, scheduled for tomorrow. During the meeting, the Minister unveiled the Ghana mutual prosperity dialogue framework, aimed at fostering a conducive environment for investments from various sectors, including telecommunications and…
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Presentation of mid-year budget review rescheduled to July 27
The presentation of the mid-year budget review by the Finance Minister, Ken Ofori-Atta has been rescheduled to Thursday, July 27, 2023. The Second Deputy Majority Whip, Habib Iddrisu said this when he presented the business statement for the ensuing week in Parliament in Accra on Friday, July 21, 2023. “The committee also took into account…