Tamale North Member of Parliament Alhassan Suhuyini has said that the Minority in Parliament was not engaged by the government on the debt exchange programme announced by the Finance Minister Ken Ofori-Atta. He accused the government of recklessness and dishonesty that have led to the challenges. “Their recklessness and their dishonesty have brought us to where we we are, he ...
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GRNMA rejects Debt Exchange programme
The leadership of the Ghana Registered Nurses and Midwives Association (GRNMA) has registered its dismay and disappointment at the proposed Debt Exchange programme announced by the Minister of Finance Ken Ofori-Atta. The association in a statement said it rejects the government’s proposal. The association explained the basis for its rejection stating that “Pension funds are a collection of contributions of ...
Read More »Excessive govt borrowing from Bank of Ghana undermining Cedi – Economist
An Economist and Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has said excessive borrowing from the Bank of Ghana (BoG) by government is undermining the local currency, the Cedi. He stated in a tweet that the way to stabilise the Cedi against the major trading currencies is to “stop undermining the currency through excessive ...
Read More »Ghana shall be back on the way to prosperity – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has stated that the government is working hard to improve the economy in spite of the current challenges. He assured that Ghana shall be back on the way to prosperity. The Minister for the Interior, Ambrose Dery, who represented President Nana Addo Dankwa Akufo-Addo, at the Grand Durbar of Chiefs and People of Aflao at ...
Read More »Bawumia replies critics over gold-for-oil policy
Vice President Dr. Mahamudu Bawumia has stated that some analysts and commentators have misinterpreted Ghana’s stated policy of using gold reserves to pay for oil as an attempt by the country to move away from the US dollar for international transaction. Speaking at the 2022 AGI Awards in Accra, Dr. Bawumia noted that to the contrary, Ghana’s gold-for-oil programme will ...
Read More »2023 budget: Work together in the interest of the nation – Bagbin tells Minority, Majority
The Speaker of Parliament Alban Bagbin has told Members of Parliament to work together regarding the debate and approval of the 2023 budget statement in the interest of the nation. Speaking at a post budget workshop on Saturday November 26, the Speaker said he was sure lawmakers on both sides would be able to tell their constituents benefits they stand ...
Read More »Ghana’s Cardinal Richard Baawobr dies in Rome at 63
Ghana’s Cardinal, His Eminence Cardinal Richard Kuuia Baawobr has died at age 63. According to a statement issued by the Secretary General Missionary Of Africa, the Cardinal passed away on Sunday, November 27. “Our confrere was taken by ambulance from the Generalate to the Gemelli Hospital at 5.45pm and we received the sad news at 6.25pm. May Richard rest in ...
Read More »Ofori-Atta has learnt a bitter lesson – Bagbin on calls for Minister’s head
Speaker of Parliament, Alban Bagbin believes that Finance Minister Ken Ofori-Atta will take a cue from the ordeal suffered over the past few weeks. Between a censure motion from the Minority and a decision by the Majority to kick him out of office, Mr Bagbin is sure that Ken Ofori-Atta has picked lessons for the future. Ghana is currently at ...
Read More »Norway Appeal Court dismisses appeal against Ghana in Oslo chancery building case
By a unanimous decision, the Oslo Court of Appeal, Norway composed of three Justices of Appeal (Pal Morten Andreassen, Irene Sogn and Rolf Ytrehus), has in a judgment dated Tuesday, November 22, dismissed an appeal filed by Messrs. Jongsbru AS, the seller of a property identified by Ghana for use as a chancery building in Oslo, Norway. The Norway Court ...
Read More »I’m disappointed in Minority and Majority over Ofori-Atta – Gyampo
A Professor at the University of Ghana, Ransford Gyampo has said he is disappointed in both the Minority and Majority for allowing the Finance Minister Ken Ofori-Atta to present the 2023 budget when they have all raised issues against him for which they wanted him out of office. Prof Gyampo said the lawmakers failed to appreciate the mandate given to ...
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