Ghana Cocoa Board (COCOBOD) says it secured US$1.8 billion syndicated loan from a consortium of banks to allow it purchase cocoa beans for the 2016/2017 crop season beginning next month will hit Bank of Ghana’s account within the next two weeks. “The money will soon hit the account. Normally we will have to give them … Read more
Deputy Minister of Finance, Mona Quartey has allayed fears of public sector workers whom she said are too worried to discharge their duties because of sanctions prescribed under the Public Financial Management Act 921. The Act which happens to be one of Finance Minister Seth Terkper’s major legacies seeks to regulate and maintain prudent management … Read more
The Ministry of Finance is due to present data on the financial status and performance of some state-owned enterprises (SOEs) to the International Monetary Fund (IMF) later this month to pave the way for its Executive Board to meet and approve the country’s last review report. The statistics would include the government’s plans for the … Read more
The ruling National Democratic Congress (NDC) is oiling its propaganda machinery to ‘douse’ the flame ignited by the New Patriotic Party (NPP) vice presidential candidate, Dr. Mahamudu Bawumia, last Thursday at a public lecture on the economy where he shredded the government into pieces in respect of the economy. The distinguished economist and former Deputy … Read more
The visiting International Monetary Fund (IMF) staff mission to Ghana on Monday began work to assess the country’s performance in completing work on some targets under the fund program. The exercise could impact positively on the proposed IMF board meeting date and the release of some $500 million from Ghana’ donors. The IMF team, which … Read more
Kwesi Bekoe Amissah-Arthur is a Ghanaian economist. He was Governor of the Bank of Ghana before his appointment as the Vice President of the Republic of Ghana. Amissah-Arthur has a B. Sc in Economics from 1974 and an M.Sc in Economics from 1980. Before becoming Governor, he has held many positions in the Ministry of … Read more