Tag: Ofori-Atta
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Global finance must transform to address Africa’s climate challenge – Ofori-Atta urges
Minister for Finance, Ken Ofori-Atta, has made a clarion call to action urging the global financial community to undergo a profound transformation to confront the pressing climate crisis affecting Africa. Mr. Ofori-Atta emphasized the critical need for increased financing to support Africa’s adaptation and mitigation efforts in the face of climate change. “Africa is at…
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IMF deal: Ghana now an attractive investment destination; investor confidence renewed – Ofori-Atta
Finance Minister, Ken Ofori-Atta says the approval of Ghana’s US$ 3billion bailout from the International Monetary Fund (IMF) signals an era of renewed investor confidence in the country’s economy. The Minister was reacting to the $300 million funding for African countries by the U.S. International Development Finance Corporation (DFC) which Ghana is a beneficiary. DFC…
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Ken Ofori-Atta has not resigned – Finance Ministry
The Minister of Finance, Ken Ofori-Atta is still at post and has not resigned contrary to rumours that have gone viral on social media. This is according to the Finance Ministry. A statement from the ministry on Tuesday, October 5, 2021, said “there is no truth in these rumours.” The claims on social media were…
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Ghana’s debt stock hits GH¢332 billion, debt to GDP now 76.6%
Ghana’s total public debt stock has increased once again according to new data released by the Bank of Ghana. The debt stock which ended the first quarter of 2021 at GH¢ 304.6 billion, increased by almost GH¢ 30 billion in April and May. This saw Ghana’s total public debt as of the end of May…
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Take advantage of agribusiness opportunities – Ofori-Atta advises youth
The Minister of Finance, Ken Ofori-Atta, has advised the youth to take advantage of the agribusiness opportunities and manufacturing and link up with these employment-generating institutions for assistance in order to make a living for themselves and their peers. “Let us begin to understand that it is possible for us to be employers. This is…