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Koku Anyidoho Reacts After Exoplsion By The NDC

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Koku Anyidoho Reacts

The former general secretary of the National Democratic Congress, NDC, Samuel Koku Anyidoho has reacted after his party, the NDC expelled him.

 

Read more: MP’s Deserve Better Than $28m Car Loan; Some Of Us Use UBER – NDC MP

The leadership of the National Democratic Congress, NDC, sacked former Deputy General Secretary, Samuel Koku Anyidoho, from the party.

According to a report filed by Citinews, monitored by GhArticles, Mr. Anyido was sacked from the party on the conduct of misbehavior and anti-party behavior, as stated in a letter from the Functional Executive Committee (FEC) of the party.

Read Also: NDC Will Appeal Assin North Election Ruling – Minority

The former Deputy General Secretary of the party had been serving a suspension since February 8, 2021, after his consistent criticism of the party in public, prior to the party ousting him. The letter also indicated that by the decision of the FEC, he is no more recognized as a member of the party and cannot carry himself in such a manner as well as do anything in the name of the party.

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Many tweeps conoled the politician tweeting that things will get better whiles other made mockery of him indicating that he deserved his punishment.

 

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Source: GhArticles.com 

Ghana Politics

Government Expected To Borrow Up To ¢3.78bn In First Quarter Of 2022

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Government Expected To Borrow Up To ¢3.78bn In First Quarter Of 2022
Looks like Government will borrow ¢3.78 billion in the first quarter of this year to finance part of the budget, its Issuance Calendar has revealed.

For the first three months of 2022, government plans to issue a gross amount of ¢24.5 billion, of which ¢20.7 billion is to rollover maturities.

This indicates that the government’s debt level is not going to reduce anytime soon.

As usual, most of the funds to be mobilised will come from the 91-day Treasury bills, a move that has helped reduce foreign debt but rather crowded out the private sector from access to financing on the domestic market.

According to the data, the government will borrow as much as ¢11.3 billion of the 91-day T-bills during the period, higher than the previous quarter.

It will be followed by the 182-day T-Bills in which a total of ¢3 billion will be mobilised. Then, finally, the biggest of ¢1.6 billion will be issued in March 2022.

¢2.15 billion will, however, be mobilised from the 364-day bills. The majority of the funds are expected to be raised this month.

¢2 billion is also expected to be raised from a 6-year bond. This is expected to be done in January 2022.

Again, the government is expected to issue a 7-year and 10-year bond in February and March 2022, respectively. ¢1.2 billion and ¢800 million are expected to be borrowed from both resident and non-resident investors.

READ ALSO:   Akufo-Addo, Bawumia Punishing Ghanaians For Their Bad Economic Management – NDC

Government said the calendar is developed based on the Net Domestic Financing provided in the 2022 Budget, the 2022 domestic maturities for the period, the 2022 Borrowing Plan and the Medium Term Debt Strategy.

Public debt stock hits ¢341.8bn as of September 2021

Ghana’s public debt stock hit ¢341.8 billion in September 2021, the November 2021 Bank of Ghana Summary of Economic and Financial Data revealed.

This was equivalent to 77.8% of Gross Domestic Product (GDP).

Between July and September 2021, ¢5.9 billion fresh loans were added to the total debt. The surge in debt came largely from the domestic debt and due to the slight depreciation of the cedi to the dollar.

However, the government had indicated in its Issuance Calendar for the final quarter of 2021 that it will borrow just about a billion cedis.

According to the data from the Bank of Ghana, the domestic debt went up to ¢178.1 billion in September 2021, up from ¢173.9 billion recorded in July 2021. This was equivalent to 40.5% of GDP.

 

 

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Source: GhArticles.com

 

 

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Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson’s Son

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Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son
Ato, the son of the Minister of Fisheries and Aquaculture Development, Mavis Hawa Koomson and his fiancee, Jasmine have completed their marriagewith a white wedding.

The event which was full of glitz and glamour took place during the weekend.

The peach-white-themed event took place at the Teshie Methodist Church, Accra and swiftly followed with a grand reception.

The Vice President, Dr Bawumia and his wife, Samira together with other high-profiled personalities and well-wishers graced the occasion.

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This comes on the back of a colourful traditional wedding ceremony that took place on New Year’s eve at a private venue in Accra.

Take a look at the lavish photos below:

Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son

Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son

Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son

Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son

Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son

Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son

Here Are All The Beautiful Pictures You Missed At The Wedding Of Hawa Koomson's Son

 

 

 

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Source: GhArticles.com

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Ghana Politics

NPP Suspends Regional Communicator For Campaigning For Alan Kyerematen

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NPP Suspends Regional Communicator For Campaigning For Alan Kyerematen
The Northern Regional Communications Directorate of the New Patriotic Party (NPP) has suspended a member of its communication team indefinitely for allegedly campaigning for Alan Kyerematen.

Alhaji Ibrahim Kaleem has been accused of publicly projecting the Trade and Industry Minister as a suitable candidate to lead the governing party into the 2024 presidential elections.

A statement signed by the Regional Director of Communications, Mohammed Sheriff Ibrahim said Kaleem’s conduct violates the party’s constitution.

“As already noted in Chairman’s statement dated December 30, 2021, the unfortunate situation of peaking before time has the tendency to disrupt H.E. Nana Addo Dankwa Akufo-Addo’s governance and the peace within the New Patriotic Party in the region,” the statement said.

The statement warned that Kaleem ceases to represent the NPP as a communicator with immediate effect and the party will not be liable for any activity of his.

According to him, he attended an event organised every Tuesday by ‘Friends of Alan’ to espouse the trade minister’s achievement but he did not engage in any campaign activity.

“It’s an absolute lie. It’s not true. The programme was organised by ‘Friends of Alan’ and I happen to go there every Tuesday and it’s not about campaigning.

“It’s talking about Alan’s Ministry, what he has done, the factories and other things that he has done so it’s an absolute lie,” Alhaji Ibrahim Kaleem said.

Below is the suspension letter:

NPP Suspends Regional Communicator For Campaigning For Alan Kyerematen

 

 

 

 

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Source: GhArticles.com

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