Tag: Ken Ofori Atta
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Ofori-Atta’s approval by Parliament disappointing – ASEPA
The Alliance for Social Equity and Public Accountability (ASEPA) has described the approval of the Finance Minister as unfortunate. The group had earlier in a 37-page petition to the Appointments Committee of Parliament, indicated that based on Mr Ofori-Atta’s role in the collapse of some financial institutions, among others, it believed he was no longer…
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Parliament approves Ofori-Atta as Finance Minister
Parliament has approved the nomination of Ken Ofori-Atta as Ghana’s Minister of Finance. Mr Ofori-Atta was approved on consensus following recommendations by the Appointments Committee. He was vetted by the Appointments Committee last Thursday and Friday. Mr Ofori-Atta is the last substantive minister of President Akufo-Addo to be approved by Parliament. His vetting was postponed…
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Ofori-Atta suggests adoption of COCOBOD model for buying and exporting gold
Finance Minister-designate Ken Ofori-Atta is proposing a shift from the liberalized system that currently characterizes the buying and export of gold in the country, to the use of the COCOBOD model, which will see one body buying and exporting gold from Ghana. Day two of the highly anticipated vetting of Finance Minister-designate Ken Ofori-Atta which…
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Special Prosecutor was not fair to me – Ofori-Atta
Finance minister-designate, Mr Ken Ofori-Atta has bemoaned the failure of the Office of the Special Prosecutor to offer him a fair hearing in the preparation of its report condemning the controversial Agyapa Royalties deal. The deal which proposed to sell almost 76 percent of Ghana’s future receipts from gold royalties to a special purpose vehicle,…
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Vetting of Ken Ofori-Atta enters day two today
A little over two weeks after he was originally scheduled to be vetted, Finance Minister-designate, Mr. Ken Ofori-Atta finally took his turn before the Appointments Committee of Parliament on Thursday, March 25, 2021. Mr. Ofori-Atta, whose vetting will continue today is the only nominee left on the list of ministers that President Akufo-Addo presented to…
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Ken Ofori-Atta justifies proposed new taxes
The Finance Minister-designate, Ken Ofori-Atta, has justified the proposed new taxes in the 2021 budget. Osei Kyei-Mensah-Bonsu, the caretaker Finance Minister, while delivering this year’s budget statement announced moves to impose taxes on fuel, i.e. 10 pesewas per litre for diesel and petrol as Sanitation and Pollution Levy (SPL) and 20 pesewas per litre of…
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Ofori-Atta flies to US for treatment following complications after COVID-19 recovery
Finance Minister-designate, Ken Ofori-Atta has travelled to the United States of America for further treatment following complications after recovering from COVID-19. This was announced in a statement issued by the Finance Ministry on Sunday, February 14, 2021. The statement added that the decision to fly Mr. Ken Ofori-Attah was on the orders of his personal…
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ASEPA kicks against re-nomination of Ofori-Atta as Finance Minister
The Alliance for Social Equity and Public Accountability (ASEPA) is kicking against the re-nomination of Ken Ofori-Atta as Finance Minister. In a 37 paged petition to the Appointments Committee of Parliament, the group indicated that based on Mr Ofori-Atta’s role in the collapse of a number of financial institutions, among others, it believes he is…
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Ghana signs MoU to host 2021 annual meetings of AfDB Group
The Secretary General of the African Development Bank Group, Professor Vincent Nmehielle, says participants at the upcoming 56th annual general meeting of the AfDB, will look at articulating policies and regulations, which will ensure that African economies become robust and better prepared, to deal with disruptive occurrences like COVID-19 in the future. The remarks were…
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Finance Minister to present budget for first quarter of 2021 today
The Minister of Finance, Ken Ofori-Atta, will later today, Wednesday, October 28, 2020, present a budget to Parliament to cater for the first quarter of 2021. The expected presentation, known as Expenditure in Advance of Appropriation, has become a usual characteristic of election years to prevent transitional challenges in the smooth running of government for…