Tag Archives: Ken Ofori-Atta

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, …

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 …

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 …

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 …

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 …

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 …

Minister of Finance, Ken Ofori-Atta, has admitted to the dire economic challenges Ghana is faced with. According to him, the nation currently is unable to undertake or continue developmental projects, implement salary increments due to a lack of funds. Making his submission at a Government Town Hall meeting in Wa …

The Speaker of Parliament, Alban Bagbin, has called on Finance Minister Ken Ofori-Atta to return to parliament to present a revised version of the 2022 budget statement and economic policy. Addressing the house upon his first appearance after his return from his medical trip, the speaker stressed that the revisions …

Member of Parliament for Ningo-Prampram Constituency, Sam George has alleged that the ruling NPP government never consulted the Telcos before imposing the new e-levy tax on all MoMo transactions. Earlier GhArticles.com reported that, the government of Ghana has announced a new Electronic Transaction Levy as as part of strategies to …

The Minister of Finance, Ken Ofori Atta has indicated that all tolls on public rates and bridges have been abolished. According to him, workers at the various toll booths will be reassinged. Ken Ofori Atta stated that the directive takes effect immediately. He added that a new levy will be …