Tag: Parliament
-
Parliament passes Anti-Money Laundering Bill 2020
The Anti Money Laundering Bill has been passed by Parliament. The Bill when assented to by the President is expected to plug the holes in the existing anti-money laundering regulatory framework and make it more responsive to international standards. Earlier this year, the EU Commission listed Ghana among 12 countries which now pose significant threats…
-
NPA boss, Hassan Tampuli heads to Parliament with landslide victory in Gushegu
The Chief Executive Officer of the National Petroleum Authority (NPA), Hassan Tampuli has annexed the Gushegu parliamentary seat in the Northern Region for the New Patriotic Party. Mr. Tampuli polled a total vote of 30,401 against 28,055 votes by Mohammed Yussif Malimali of the National Democratic Congress (NDC). Out of the 58,706 total valid vote…
-
Finance Minister to present 1st quarter budget for 2021 next week
The Minister of Finance, Ken Ofori Atta, is expected to present to Parliament next week Wednesday, October 28, 2020, an Advanced Budget; covering government spending for the first quarter of 2021. The expected presentation, known as Expenditure in Advance of Appropriation is a standard practice rolled out in election years to prevent transitional challenges in…
-
Parliament approves government’s GHS11.8bn Supplementary budget
Parliament has approved government’s request for 11.8 billion Ghana cedis in supplementary estimates for the 2020 financial year. The request was tabled before the House last week Thursday by the Finance Minister, Ken Ofori-Atta. Government says the amount is needed to support its expenditure for the rest of the year particularly due to the economic…
-
Shutting down Neoplan Ghana will be tragic – Minority
The Minority in Parliament says it will be tragic for Neoplan Ghana to shut down its operations as it is considered a strategic state asset. According to the Minority, a shutdown will not be in the best interest of the country. A ranking member of the Roads and Transport Committee, Governs Kwame Agbodza in a…
-
Parliament approves GH¢98 billion for govt’s 2020 expenditure
Parliament has approved the government’s expenditure of about GH¢100 billion for the 2020 financial year. The approval runs from January 1, 2020 to December 31, 2020. Out of the amount the House approved and authorised GH¢53.294 billion to be withdrawn to finance government operations during the 2020 financial year. This was announced in the Appropriation…
-
Parliamentary C’ttee questions GH¢272,000 cost of 2-bedroom under affordable housing project
The Parliamentary Committee on Works and Housing is questioning the high cost of some of government’s affordable houses currently on sale. The price of a two-bedroom house at the Borteyman Affordable Housing Project which was completed by the Social Security and National Insurance Trust, SSNIT, is being sold at GH¢272,000, while a one-bedroom house is…
-
#GHBudget: Ofori-Atta seeks Parliament’s approval to spend GH¢86 billion in 2020
Finance Minister Ken Ofori-Atta, is seeking Parliament’s permission to spend nearly GH¢86 billion on various planned programmes and initiatives in 2020. The amount being sought by Mr. Ofori-Atta represents more than 21 percent of what the government is likely to spend for this year. According to the 2020 budget statement, GH¢21.7 billion nearly 25 percent…
-
Parliament approves annual public debt report amidst heated debate
Parliament has approved the Annual Public Debt Report for the 2018 Financial Year after a heated debate between the Majority and Minority members on the floor of the House on the figures presented. The Minority caucus criticized the government for bloating the nation’s debt stock from GH¢122 billion to GH¢173 billion, whilst the Majority…
-
Housing ministry to pass new laws to sanitize sector
The Works and Housing Ministry has disclosed it has initiated processes to get Parliament to pass four legislations to regulate activities in the housing sector. The move will see the passage of two new Bills and the amendment of two others. The two new Bills are the Real Estate Agency Bill as well as the…