Tag: Ghana Beyond Aid
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National Development Bank to commence operations by July ending – Ofori Atta
The National Development Bank is set to commence operations by the end of July 2021. This is according to the Finance Minister, Ken Ofori-Atta. According to him, government has now been able to raise the required seed capital of over 500 million dollars for the financial institution to fully begin operations. It will be recalled…
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Engage all relevant stakeholders to achieve Ghana Beyond Aid objective – Kwame Pianim
Economist, Kwame Pianim, has asked government to involve all relevant stakeholders such as the largest opposition party, the National Democratic Congress, NDC, in discussions around the President’s Ghana Beyond Aid Agenda. He indicated that ‘Ghana Beyond Aid’ is a call for a paradigm shift through attitudinal and mindset change by all citizens on how to…
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Ghana’s economy will recover quickly after COVID-19 pandemic – Bawumia
The Vice President, Dr. Mahamudu Bawumia, says Ghana will work to become more self-reliant after the COVID-19 pandemic. He says the Ghana Beyond Aid agenda which encapsulates policies such as the Planting for Food and Jobs, will enable Ghana recover much more quickly from the devastating effects of the pandemic. The Ghana Beyond Aid is…
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Local industries critical to Ghana Beyond Aid agenda – GEPA CEO
The Chief Executive Officer (CEO) of the Ghana Export Promotion Authority (GEPA), Dr. Afua Asabea Asare, says government remains committed to supporting local industries as part of efforts towards achieving the Ghana Beyond Aid agenda. According to her, there is a significant revolution in the value addition process of raw materials by local industries to…
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The financial sector reforms and the return of NAM1: A Citi Business News Review of 2019
This year has witnessed a number of interesting events and happenings that have in one way or the other shaped the local economy. These happenings have largely had an impact on the economies of individuals both positive and negative in some cases. The year started on quite a sour note for Heritage and Premium banks.…
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Boost domestic revenue to achieve Ghana Beyond Aid — World Bank
The World Bank Country Director for Ghana Pierre Laporte says one of the most important things the government needs to achieve its Ghana Beyond Aid target is to improve upon its struggling domestic resource mobilization. “I think for us, we should accompany the country forward to become less dependent on aid which I think is…
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World Bank Country Office signals reduction in number of development projects
The World Bank Country Office says it will be cutting down on the number of projects it undertakes in Ghana to focus more on larger projects that will achieve bigger impacts. The Bank’s Country Director Pierre Laporte speaking at the commencement of stakeholder consultations with other development partners said the World Bank is seeking to…
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2020 Budget: Ofori-Atta’s audacious mission to secure the bag and deliver the elections
Three years ago, Finance Minister Ken Ofori-Atta delivered the very first budget of the Akufo-Addo administration amidst a sense of optimism that was so high that the government could afford to abolish some taxes. The refrain from the government was to shift the focus of the economy from taxation to production ie pursuing a number…
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‘Ghana Beyond Aid’ means harnessing our resources for national transformation – Senior Minister
The Senior Minister has hinted on the need to see the ‘Ghana Beyond Aid’ agenda of the Nana Addo Dankwa Akuffo Addo government as achievable through harnessing the resources of the nation for development. Mr. Yaw Osafo-Maafo said: “To get to a Ghana Beyond Aid, we will have to harness effectively our own resources,…
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United Kingdom reviewing its aid policy on Ghana
The UK Government is reviewing its aid to Ghana in the light of the country’s achievement of lower-middle income status in 2010. It covers all UK official development assistance (ODA) to Ghana from 2011 to the end of the 2018/2019 financial year. Over the last 20 years, the UK has given over £2 billion in…