Tag: Finance Ministry
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Finance Directors to face prosecution for overspending
The Ministry of Finance has cautioned that it will prosecute Chief Directors and Heads of Ministries, Departments and Agencies (MDAs) as well as Metropolitan, Municipal and District Assemblies (MMDAs) who award contracts not budgeted for in a given year. The caution is to check the over-expenditure that has been perpetuated by the various heads of…
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Gov’t starts tax stamp policy amidst boycott
Government has stressed that the excise tax stamp policy will not add unto the tax burden of manufacturers and retailers even as it begins to roll out the policy. According to the Ministry of Finance, the policy will encourage tax compliance while protecting the consuming public against harmful and unwholesome products. The excise tax stamp…
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26,000 ‘ghost workers’ must be given more time – Austin Gammey
Labour Analyst, Austin Gammey has advised the over 26,000 workers likely to miss their April salaries to negotiate for an extension of the implementation date of the policy. The workers’ plight follows a directive from the Finance Ministry for the Controller and Accountant General to halt the payment of salaries as the workers failed to…
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Inaccurate data from BoG, Finance Ministry affecting gov’t work – Osafo-Maafo
Senior Minister Nominee, Yaw Osafo-Maafo has disclosed that the lack of accurate data on Ghana’s debt has made it difficult for the NPP government to make projections on the fiscal gap to influence planning. According to him, the inconsistency of data from the Ministry of Finance and the Bank of Ghana on the debt owed…
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Ken Ofori Atta, Alan K, others to lead key business related ministries
President Nana Akufo Addo has named persons to lead key business related ministries under the NPP government. They include Ken Ofori Atta, Alan Kyeremanteng, Dr. Owusu Afriyie Akoto and Boakye Agyarko. The four have been named as minister designates for Finance, Trade, Agriculture and Energy and Petroleum respectively. The announcements were made at a brief…