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Boost for local banks….as Finance Ministry presents GAT request to parliament

The Ministry of Finance has laid before parliament a request for the issuance of a Sovereign Guarantee of up to GH₵2billion in favour of...

Banking sector reforms: High fiscal costs, lessons and alternatives(1)

A basic economic principle is the opportunity cost of policy decisions and actions, which is simply what citizens give up for current spending or...

Gov’t awaits validated indicators to fully exit IMF

Government is awaiting validated macro-indicators or indices from the Statistical Service before it can fully wean itself from the IMF’s three-year extended credit facility...

Savings and Loans firms are next – BoG

A few savings and loans firms have shown signs of insolvency and will have to be liquidated just as has happened with the banks,...

Tax cuts haunt Ofori-Atta …Mid-year budget set for Thursday

When Finance Minister, Ken Ofori-Atta, made his maiden appearance on the floor of Parliament last year to present the 2017 budget, he came bearing...

Public varsities asked to maintain fees until parliament approves new one

Public universities are to maintain their fees and charges as the Finance Ministry works on new ones which will be included in the 2019...

GCNET presents GHC8m dividend to government

The Ghana Community Network Services Limited (GCNET) has  presented a final dividend of GHC8million to government as second payment for the 2017 year. This brings...

President breaks grounds for Kumasi Int. Airport Phase II

President Nana Addo Dankwa Akufo-Addo has broken grounds for the second phase of the Kumasi International Airport project later this afternoon. The idea to turn...

ACEP demands whereabouts of GH¢400m ABFA

The African Centre for Energy Policy (ACEP), has charged the Ministry of Finance to provide details relating to the whereabouts of some GH¢400.9 million...

GH¢144m committed to ‘Greening Ghana’ initiative

The Ministry of Finance has allocated GH¢144million over the next two-years to fund the ‘Greening Ghana’ initiative aimed at engaging 15,000 youth for the...

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