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...
…. yet to submit reports of oil-funded projects to Parliament
The Finance Ministry has been accused of flouting aspects of the Petroleum Revenue Management Act(PRMA) by failing to disclose to Parliament oil funded projects in the country.
According to a member of the Public Interest and Accountability Committee, Dr Steve Manteaw,...
Castle Gate Estate Limited, an indigenous privately owned real estate company, has signed a sale and purchase agreement with IDES Limited for the purchase of 150 unit of its brand of uncompleted houses worth about US$7million.
Speaking after the signing and handing over ceremony at the company’s offices in Dzorwulu,...
The CEO of the Savannah Accelerated Development Authority, Dr. Charles Abugre, has stated that the Northern-Southern Highway to be implemented by the Akufo-Addo-led administration will cost the country US$1billion.
He made this statement during the signing of a Memorandum of Understanding (MoU) between the Ghana Investment Promotion Centre (GIPC) and...
With increased mining activity in West Africa, especially Ghana, it has become essential to have adequate and necessary training facilities to train and empower its workforce so as to ensure that safety practices meet international standards.
It is on this premise that Ghanaian-owned service provider Rigworld International Services has led...
Construction of a new terminal building for the Tamale Airport is expected to begin in the coming months, as government seeks to position it as the second international airport of the country.
The country has only one operational international airport, and completion of the Tamale Airport Terminal and designation of...
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...