Finance Minister Ken Ofori-Atta has unveiled government’s budget statement and economic policy for 2018, which outlines ambitious plans to create jobs, stimulate growth of the agricultural sector and industry, as well as consolidate gains made in the macroeconomy.
Job-creation has been high on the Akufo-Addo led administration’s agenda, which has...
The Finance Minister, Mr. Ken Ofori Atta, has said 2,000 livestock farmers will be supported with 70,000 small ruminants, sheep and goats, as part of efforts to improve the livelihoods of livestock farmers in the country.
In addition to this, he said the Ministry of Food and Agriculture (MoFA) will...
There is disquiet by some persons about Ghana’s debts, deficits and by extension fiscal policy. Some have even gone a step further to suggest that Ghana will soon become Highly Indebted Poor Country (HIPC) again. This article will attempt to explain the dynamics of Ghana’s fiscal policy, debt, deficits...
Today the Nana Addo Dankwa Akufo-Addo led government presented its second budget which contains revenue and estimates for 2018 to parliament.
The 2018 budget according to the Minister of Finance, Ken Ofori Atta, seeks to create jobs, cuts tariffs in electricity, support SME’s and investments in the key sectors of...
The Akufo-Addo government is expected to spend some GH¢62billion come 2018 financial year as contained in the national budget.
This is according to the Minister of Finance Ken Ofori-Atta who appeared before parliament to present the government’s revenue and expenditure estimates for 2018.
Per budget, the GH¢62billion represents 25.7% of the...
Finance Minister, Ken Ofori-Atta has stated that the economy is expected to grow at 7.8percent before the end of 2017 as against 2.7percent in 2016.
Presenting the 2018 Budget Statement at Parliament House in Accra on Wednesday, under the theme: Putting Ghana back to work, Mr Ofori-Atta indicated that; “Overall...
The Minister of Finance Ken Ofori-Atta has told Parliament that the government of Nana Addo Dankwa Akufo-Addo’s is confident of ending the fiscal year with a deficit of 6.3 percent.
Mr. Ofori-Atta presenting the 2018 Budget and Economic Policy Statement to Parliament today said that: “I’m glad to report that...
President Nana Akufo-Addo has said Africa’s quest to provide a dignified life for its people, through economic transformation, requires a shift from its existing economic structures to a more industrialised one.
According to him, the structure of economies bequeathed to Africa by colonialism was aimed at servicing its aims, essentially...
As Ken Ofori-Atta heads to Parliament this morning to deliver the Akufo-Addo government’s second budget statement in the space of ten months, there is a lot of pressure on him to translate the modest gains made in the macroeconomy to real economic growth.
The performance of the economy in the...
Although they are waiting to see whether the expected power tariff reduction will be in respect of levies or cumulative tariffs, players in the industrial sector have said a 25 percent reduction, as Vice President Bawumia has hinted, would be most welcome - at least for a start.
“That would...