Parliament has passed a half hour motion to compel the Minister of Finance to provide detailed information on the recent 2.25 billion dollar bond issued by Government. The Minister is expected to respond to the motion within one week. The motion was filed by the Minority Leader, Haruna Iddrisu with a request for the full complement … Read more
Parliament last Friday passed the Appropriation Bill, 2017, which has given the Minister of Finance the authority to withdraw money not exceeding GH¢64,116,793,031 from the Consolidated Fund and other funds for the running of the country up to December 31, 2017. The passage of the Appropriation Bill, 2017 became imperative following Parliament’s approval of various … Read more
Government and transport owners have been meeting for more than a month for the annual review Reliable information reaching Onua News suggests that transport fares would go up by tomorrow, Tuesday, April 4. Credible sources withing the transport operators say they will today meet officials of the Ministry of Transport over the review of fares. … Read more
Government is expected to cough about GHC1,889,870,741 to pay interest on loans in the first quarter of 2017 calendar year. This revelation came to light on the floor of Parliament on Thursday, 20 October, 2016 when the Parliament approved a whopping GHC10.9 billion for the country’s expenditure in advance appropriation to help finance “critical government … Read more
The Minister of Finance, Seth Terkper, is expected to present to parliament on Thursday an advanced budget covering government spending from January to March 2017. This practice is in accordance with what the Executive does almost every election year to avoid spending setbacks in case of a transition in government. Announcing this on the floor … Read more
The minister of Finance, Mr Seth Terkper, is scheduled to present the Expenditure in Advance of Appropriation and the Estimates of the Revenues and Expenditure of the government for the 2017 financial year to Parliament next Thursday. The presentation is necessary because there may be no budget presentation in November characteristic of an election year. … Read more
Ghana’s government will wait until after presidential elections to submit its budget proposal to parliament. A partial spending and revenue plan for the first three months of 2017 will be presented to lawmakers in November, the Ministry of Finance said in a statement published in the Accra-based Business and Financial Times on Thursday. The full … Read more