World Bank approves US$570m loan, grant to MoF

January 22, 2020 The World Bank has approved a total loan and grant amount of US$569.39 million to the Ministry of Finance (MoF) to undertake four different development projects. The fund, which includes...

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January 22, 2020 / Comments (0)

ECG to be listed on the Stock market

November 13, 2019 The Electricity Company of Ghana(ECG) is to be listed on the Ghana Stock Exchange, Finance Minister, Ken Ofori-Atta has announced. Presenting the budget statement and financial policy of...

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November 13, 2019 / Comments (0)

Government to strictly enforce tax compliance measures. Finance Minister declares at PwC post-budget forum

November 20, 2018 The Minister of Finance, Mr Ken Ofori-Atta, has given the strongest indication that the government will pursue stringent tax compliance measures to achieve its revenue target for 2019. The...

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November 20, 2018 / Comments (0)

Tax exemptions to be further reduced

November 13, 2018 With the on-going discussions at the government level for a possible review of some clauses concerning tax exemptions, it is being anticipated that there will be a scrapping of some of the...

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November 13, 2018 / Comments (0)

Boost for farmers – President launches commodity platform

November 7, 2018 President Nana Addo Dankwa Akufo-Addo yesterday rang the bell to launch the Ghana Commodity Exchange (GCE), a platform for buying and selling agricultural commodities in the country. The...

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November 7, 2018 / Comments (0)

Government to set up Cyber Security Fund – Finance Minister

October 29, 2018 Finance Minister Ken Ofori-Atta has announced that in line with international industry best practices, government will soon establish a cyber security fund to effectively protect Ghana’s...

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October 29, 2018 / Comments (0)

Ghana’s economy now valued at GH¢256.6 billion

October 1, 2018 Ghana’s economy is now valued at GH¢256.6 billion after the rebasing of gross domestic product (GDP) based on measurements from 2013 instead of 2006. This is the second time in less than...

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October 1, 2018 / Comments (0)

Finance Ministry ‘structuring’ US$50bn century bond …to stabilise cedi, grow economy

September 26, 2018 Finance Minister, Mr. Ken Ofori Atta has disclosed that government is ‘structuring’ the proposed issuance of a US$50bn century bond that will strengthen the local currency and help grow...

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September 26, 2018 / Comments (0)

Africa Imports $35 Billion Worth Of Food Despite… – Finance Minister

August 28, 2018 Africa holds 60 percent of the world’s arable land and yet, imports $35 billion worth of food annually. Ghana on the other hand, imports some $2.4 million of food annually. Mr. Ken...

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August 28, 2018 / Comments (0)

New development bank in the offing – Mr. Ken Ofori-Atta

August 28, 2018 Minister for Finance, Ken Ofori-Atta has revealed that there are plans to have another development bank, which would create a guarantee system to support agriculture. He made this known at...

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August 28, 2018 / Comments (0)