Tag: Coronavirus Alleviation Programme
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Disbursement of GHS600m stimulus package for SMEs to begin in May – Nana Addo
President Akufo-Addo has announced that the disbursement of the six hundred million cedis (GHS600 million) stimulus package for micro, small and medium-scale businesses is expected to start in May. He announced this during his 7th COVID-19 national address to Ghanaians on Sunday, 19th April 2020. It will be recalled that, in his nationwide address on…
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COVID-19: Ofori-Atta seeks approval to spend GHS 1.2bn from Contingency Fund
The Finance Minister, Ken Ofori-Atta, has formally made a request to Parliament to spend over GHS1.2 billion from the Contingency Fund as part of measures to contain the novel coronavirus pandemic. The Speaker of Parliament has referred the Finance Minister’s request to Parliament’s Finance Committee. “These are extraordinary and sobering times; and we must respond…
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Finance C’ttee yet to decide on request for lowering of Stabilization Fund cap
Parliament’s Finance Committee on Wednesday April 1, 2020, concluded a meeting on government’s request for the lowering of the cap on the Stabilization fund from 300 million dollars to 100 million dollars.. According to Citi Business News sources in the meeting, the Committee could not conclusively deal with the matter due to the absence of…