Claims by President Nana Addo Dankwa Akufo-Addo that the government of Ghana under former President John Mahama missed all the targets set for it by the International Monetary Fund (IMF) under the $918million three-year extended credit facility are inaccurate, Cassiel Ato Forson, a former Deputy Minister of Finance, has said. Mr Akufo-Addo, while delivering his … Read more
President Nana Addo Dankwa Akufo-Addo is having a tough time implementing the litany of promises he made to Ghanaians ahead of last year’s elections, hence his resort to the blame game during his delivery of the State of the Nation Address in parliament, George Kweku Ricketts-Hagan, a former Deputy Minister of Finance, has said. President … Read more
With the swearing-in of the last batch of ministerial nominees on Friday, President Akufo-Addo is set to announce the names of deputy ministers this week. Even though the president has a tight schedule this week with the delivery of his maiden State of the Nation Address (SoNA) tomorrow, Tuesday, February 21, to parliament among other … Read more
The Majority in parliament has described explanations offered by former Deputy Minister of Finance Cassiel Ato Forson regarding the GHS7billion expenditure which Vice President Dr Mahamudu Bawumia described having been “hidden” by the Mahama administration, as pathetic. Mr Forson had said the conduct of Vice President Dr Mahamudu Bawumia smacked of hypocrisy and double standards. … Read more
The minister-designate for Health, Kwaku Agyemang-Manu has said the ailing National Health Insurance Scheme will work again if given the nod as the sector minister. Responding to questions by the appointments committee of Parliament on how he was going to rescue the insurance scheme, Mr. Agyemang-Manu said he will ensure that whatever needs to be … Read more
The newly created Planning portfolio by the President, Nana Addo Dankwa Akufo-Addo is to ensure that the agenda of the New Patriotic Party (NPP) government stays within the broad framework of the 40-year development plan introduced by the National Development Planning Commission (NDPC). The issue with the national development plan is that every elected government … Read more
Minister-designate for Health Kwaku Agyemang-Manu has said he will bring his finance background to bear on the ailing National Health Insurance Scheme (NHIS) and help fix it. According to him, while serving as Deputy Minister of Finance in the Kufuor administration, he worked extensively with the Parliamentary Select Committee on Health and Finance on the … Read more
play videoSome of the contractors lamented over the undue delay in payment The Ghana Education Trust fund contractors association have threatened to embark on a nationwide demonstration if government fails to meet their two-day ultimatum. About 30 of GETfund contractors gathered at the premises of the ministry of finance to demand the money owed them. … Read more
The outgoing National Democratic Congress (NDC) government, under the leadership of President John Dramani Mahama, has managed to leave behind a historic and monstrous national debt of over GH¢112 billion as against the $300 million-Sinking Fund. Cassiel Ato Forson, a Deputy Minister of Finance, speaking at a press conference yesterday in Accra to throw more … Read more
The Ghana Statistical Service has launched the Second National Strategy for the Development of Statistics (NSDS II) to cover the period 2017-2021. NSDS II The NSDS II provides strategic direction for the production of statistical data and information in the country for the next five years. It also takes into account the priority statistical activities … Read more
The United Nations Industrial Development Organisation (UNIDO) has received the Export Services Award from the 25th & 26th President’s National Award for Export Achievement (PNAEA). The special award was in recognition of UNIDO’s support to Ghana in Trade Capacity Building over the years and its hard work in supporting Ghana’s export. The event was organised … Read more
SIC Insurance Company Limited has presented a cheque of GHC1,674,721.20 to Government of Ghana as a dividend for the year ending 2015. The amount represents 40% of total dividend payout to shareholders of the Company. Receiving the cheque on behalf of the government, Deputy Minister of Finance, Cassiel Ato Forson, congratulated SIC Insurance for the … Read more
On Friday 18th November 2016, Total Ghana’s Finance and Accounts Manager, Madam Kwin Foumba Rose Spse Nkada Zogo was adjudged the Chief Financial Officer of the year in the Energy, Oil and Gas category at the 2nd edition of CFO awards held at Movenpick in Accra. To top it all, TOTAL’s Finance team won the … Read more
The Ghana Statistical Service (GSS) on Friday launched the second National Strategy for the Development of Statistics (NSDS II) in Accra. The five-year strategic document was a framework drafted to assist the GSS to “strengthen its statistical capacity across the National Statistical System (NSS)”. NSDS II follows the yet-to-end Ghana Statistics Development Plan (GSDP), which … Read more
I have no doubt that my people in Volta will take revenge over Dr. Mahamadu Bawumia’s description of us as foreigners. It took me sleepless months to endure Bawumia’s nude falsehoods scored against the good people of my region and that some 76,000 foreigners in the Volta Region were found on Ghana’s Voter Register. He … Read more
Following approval by Parliament, government has signed a loan agreement with the Export and Import Bank of India for the amount of $24.54 million for the Sugarcane Development and Irrigation Project. The funds will be used to finance the development of an irrigation system and facilitate the cultivation of sugarcane to feed the Komenda Sugar … Read more
Ghana and the Africa Development Bank (AfDB) on Wednesday signed a loan agreement of $ 83 million for the Accra Urban Transport Project also known as the Pokuase Interchange Project. The project is estimated to cost $ 94 million and government will contribute a counterpart funding of $ 11 million. The construction of the three-tier … Read more
The Ministry of Finance has signed a three loan agreement with the German government for 40.82 million euros (approximately 176 million Ghana Cedis) of which 22.82 million euros soft loan (approximately 98 million Ghana Cedis) would be use to build a 12megawattz of solar power plant in Kalio in the Upper West Region. The second … Read more
Plans by the Ghana Airports Company Limited (GACL) to extend the runway of the Kumasi Airport to carry bigger flights have been restricted due to encroachment on the land originally acquired for the expansion of the airport. This was due to the inability of the GACL to secure a land title registration for the land … Read more
President John Dramani Mahama has assured exporters that the expansion of the Ports of Ghana, both Tema and Takoradi is part of government’s efforts to expand infrastructure so as to blossom their business. The President in a speech read on his behalf by Mona Quartey, Deputy Minister of Finance at the 24th President’s national awards … Read more