The Minister-designate of Information, Fatimatu Abubakar, has defended the recent appointment of former Finance Minister Ken Ofori-Atta to a new portfolio, emphasizing his expertise in financial matters. In an interview with TV3 Ghana, Ms. Abubakar highlighted Ofori-Atta’s proficiency in offering guidance and advice within the financial sector, asserting that his …
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Finance Minister Ken Ofori-Atta has announced that Ghana will re-engage with its international bondholders starting next week, building on the positive outcome of the recent restructuring of $5.4 billion in official creditor debt. Ofori-Atta revealed plans to continue discussions after meeting with holders of the country’s outstanding Eurobonds totaling around …
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Finance Minister Ken Ofori-Atta has highlighted the economic potential of the National Cathedral, stating that upon completion, the project could generate millions in revenue. Speaking at the Ghana Tourism Investment Summit 2023, Ofori-Atta emphasized viewing the cathedral as an economic venture capable of stimulating Ghana’s tourism growth. He addressed ongoing …
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Finance Minister Ken Ofori-Atta expressed confidence in the recently presented 2024 budget, highlighting its measures aimed at providing relief to Ghanaians. In an interview with TV3’s Martin Asiedu Darteh, Ofori-Atta defended the budget, stating he couldn’t fathom any opposition against its focus on macro stability, growth, and various relief measures. …
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During the presentation of the 2024 budget to Parliament, Ghana’s Minister of Finance, Ken Ofori-Atta, acknowledged the severe economic impact that unfolded in 2020. He highlighted a substantial decline in GDP growth, plummeting from 6.5 percent in 2019 to a mere 0.5 percent due to the harsh effects of lockdowns, …
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Finance Minister Ken Ofori-Atta is set to unveil the 2024 Annual Budget Statement and Economic Policy in Parliament on Wednesday, November 15, 2023. Leading up to this event, there have been demands for the government to significantly curtail its spending in order to address the struggling economy. Kenneth Thompson, the …
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The Ministry of Finance has provided clarification regarding Ghana’s status in relation to the disbursement of the second tranche of a $600 million loan from the International Monetary Fund (IMF). Contrary to previous reports, Ghana did not miss the November 1 deadline for this disbursement. In a statement released on …
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Finance Minister Ken Ofori-Atta recently accused the previous NDC administration of leaving Ghana with a troubled International Monetary Fund (IMF) program and a compromised financial industry. In response, Minority Leader Ato Forson countered these claims, asserting that the NDC had bequeathed a robust economy when they left office. He highlighted …
Read More »Finance Minister, Ken Ofori-Atta, has announced that government will from April 1, 2022, reduce fuel price build-up margins by 15 pesewas per litre. According to Mr Ofori Atta, the reduction is aimed at mitigating “the impact of the rising price of petroleum products at the pump, for the next three …
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Finance Minister, Ken Ofori-Atta says all its flagship programs including the ambitious Free Senior High School (SHS) policy will continue to run regardless of the challenges confronting the country’s economy. This is contrary to earlier suggestions by the Minister responsible for Information, Kojo Oppong Nkrumah that all 16 flagship programs …
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