Tag: Ken Ofori Atta
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Debt exchange programme recorded over 80% participation – Govt
Government says the Domestic Debt Exchange Program (DDEP) officially closed on Friday, February 10, 2023, with over 80% participation of eligible bonds. This was announced in a statement issued by the Finance Ministry on Tuesday, February 14, 2023. Government in the statement thanked the people of Ghana for their “forbearance and support throughout these very…
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DDEP: Non-participation will prolong efforts to revive economy – Ofori-Atta
The Finance Minister, Ken Ofori Atta, has warned that non-participation in the Domestic Debt Exchange Programme by individual bondholders will prolong the efforts by the government to revive the economy. Addressing the nation on Monday, February 6, Mr Ofori-Atta said “frankly, non-participation or a lower-than-expected turnout for the DDEP will prolong efforts to resolve the…
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GUTA welcomes Ofori-Atta’s interim appointment to Trade Ministry
The Ghana Union of Traders Associations (GUTA) has welcomed the announcement of Finance Minister Ken Ofori-Atta as caretaker minister for the Ministry of Trade and Industry. President of GUTA, Dr Joseph Obeng believes with the support of the deputy ministers, work in the ministry should be able to progress steadily. “I think it’s in good…
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Economic crisis: 2023 will be our comeback year – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, says the government will put in place stronger foundations in 2023 to change the country’s economy for the better. Mr Ofori-Atta made the comments when he addressed the public on Monday regarding the suspension of the external debt payment. “The ensuing years will focus on building an entrepreneurial and export-driven economy…
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Parliament approves 2023 budget
Parliament has approved the 2023 Budget Statement and Economic Policy despite opposition from the Minority on the revenue mobilization measures. The House has been debating the statement since November 29, after it was presented by the Finance Minister. During the final day of debate, the Minority group raised concerns about some of the revenue generation…
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Finance Minister hints of favorable budget to revive economy
The Minister of Finance, Ken Ofori-Atta has hinted that the 2023 budget will roll out pragmatic policies that revive the economy from the grappling effect of the current crisis. The Finance Minister maintains that his tenure has seen some amount of significant improvement in the economy. He made these comments when he appeared before the…
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Sacking Ofori-Atta not enough; size of gov’t must also be reduced – Bokpin
A lecturer of economics at the University of Ghana Business School, Prof. Godfred A. Bokpin has stressed that the demand for the removal of the Finance Minister, Ken Ofori-Atta isn’t enough to turn around the country’s economic woes. Some Members of the Majority Caucus in Parliament have joined in the demand calling for his head…
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Construction Chamber joins calls for the removal of Finance Minister
There have been recent calls for the removal of the Finance Minister, Ken Ofori Atta from office and the Ghana Chamber of Construction Industry believes his sacking has been long overdue. Chief Executive Officer of the Ghana Chamber of Construction Industry, Emmanuel Cherry, believes the top job must be handed to a more competent person.…
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Finance Minister Ken Ofori Atta likely to lose job as minority in parliament seek vote of censure
The Finance Minister, Ken Ofori Atta, risks losing his job as the Minority caucus in parliament is gathering signatures to kick start a vote of censure proceedings against him. The move seeks to invoke article 82 of the constitution which provides the procedure of removing a Minister of State through proceedings in parliament. The finance…
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Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister
The Minister of Food and Agriculture Dr. Owusu Afriyie Akoto, has reiterated government’s plan to introduce legislation that will compel banks to lend more to the Agriculture sector. He made the remark at the launch of the Agriculture Stakeholder Convening and Advocacy Platform (ASCAP) by GIRSAL in Accra. The platform will seek to engage government…