It is interesting to find some Ghanaians shocked at the swift defence of the International Monetary Fund (IMF), strongly denying that Ghana has not been classified as a Highly Indebted Poor Country (HIPC) based on information found on its website. Our elders say you don’t ask for a chair when you visit a place where the chief himself sits on ...
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IMF debunks Ghana’s HIPC status
The International Monetary Fund (IMF) has debunked claims that Ghana has been classified as a Highly Indebted Poor Country (HIPC) based on data on its website. A statement by the IMF indicated that the recent update of Ghana’s debt-to-GDP ratio has NOT triggered any decision or action by the institution. The response follows claims on Social Media on Tuesday that ...
Read More »Gov’t to acquire AirtelTigo
Bharti Airtel’s board on Wednesday cleared the sale of its Ghana joint venture –AirtelTigo- to the government of Ghana, and is taking an impairment charge of Rs184.1 crore for the transaction. “The parties are in advance stages of discussions for conclusion of the commercial agreement for the transfer of AirtelTigo on a going concern basis to the Government of Ghana,” ...
Read More »Police probe NDC National Vice-Chair over alleged supply of guns for chaos in Dec Polls
The Greater Accra Regional Police Command is investigating Alhaji Said Sinare, National Vice-Chairman of the National Democratic Congress over accusations leveled against him by the NDC constituency chairman of Ayawaso North in connection with some gun supply for chaos in the December polls. Alhaji Said Sinare, National Vice-Chairman of the National Democratic Congress (NDC) has on the back of the ...
Read More »A/R: Eschew all forms of violence – Peace council to parties
The National Peace Council in the Ashanti region has issued a stern warning to politicians who may want to secretly incite the youth into unleashing violence in the general elections. The Regional Chairman Rt. Rev Christopher Nyarko Andam gave the caution in a speech read for him during a community peace durbar organized by the National Cadet Corp in Kumasi. ...
Read More »COVID-19: 97 asymptomatic cases discovered at KIA – Okoe-Boye
Ninety-seven individuals who are asymptomatic to the deadly Covid-19 virus have been discovered at the Kotoka Internation Airport, Deputy Health Minister Dr Bernard Okoe-Boye has revealed. He disclosed that these persons presented negative PCR test results at the airport upon arrival without showing any Covid symptoms. This according to him was a result of government’s policy of ensuring travelers test ...
Read More »Banking cleanup: If need be, govt will do it again with same approach – Ofori-Atta
Finance Minister Ken Ofori-Atta has said the government will not hesitate to step in to tackle any challenge that may rear its head in the banking sector that can lead to economic downturn again. He told TV3’s Etornam Sey in an exclusive interview on Monday October 26, 2020 that the financial sector is the heart beat of every economy globally. A weak ...
Read More »Debts: IMF’s projections for Ghana mere statistics – Ken Ofori-Atta
Finance Minister Ken Ofori-Atta has described the projections made by the International Monetary Fund (IMF) regarding Ghana’s debt situation as merely statistical. He told TV3’s Etornam Sey in an exclusive interview on Monday, October 26 that the government of Ghana was not too concerned about the debt because attention was focused on spending the funds to protect Ghanaians against the ...
Read More »Akonnor has not requested for a second assistant coach – Kurt Okraku
The President of the Ghana Football Association, Kurt Okraku has revealed that neither he nor the Executive Council has received a request from Black Stars coach, C.K Akonnor for the appointment of a second deputy to assist him in his work. News of the imminent appointment of a second deputy coach for the Black Stars gained currency in the media ...
Read More »First step towards 2021 fiscal consolidation commences
The first step towards bringing the fiscal deficit down from a targeted 11.8 percent of Gross Domestic Product for 2020 to 9,4 percent for 2021 will be taken on Wednesday, October 28 as the Finance Minister, Ken Ofori-Atta presents an appropriation bill to Parliament This is the traditional practice in Ghana preceding general elections every four years; because the incumbent ...
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