President Nana Addo Dankwa Akufo-Addo has stated that the legendary Nelson Rolihlahla Mandela would have endorsed the “Ghana Beyond Aid” project, considering the foreign policy stance he advocated and pursued. He said Mandela’s conduct of foreign policy reinforced the importance he attached to the independence of action to complete stated goals and would have supported the policy that sought to ...
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2018 Budget Review: VAT Increased In “Disguise” – Terpker
A former Finance Minister Seth Terpker has challenged government’s stance that it has not increased VAT in the 2018 mid-year review budget. “I wish to assure the House that VAT will not be increased. I would like to advise our friends in the opposition that they should stop taking policy direction on the economy from social media,” the Finance Minister ...
Read More »If you earn GHC10,000+, prepare to pay 35% personal income tax – Ofori-Atta
Ghanaians who earn GHS10,000 or more will, henceforth, pay 35% of their salary as personal income tax, Finance Minister Ken Ofori-Atta, has said. He told parliament on Thursday, 19 July during the presentation of the mid-year budget review that government is reviewing the personal income tax categories “to include an additional band of GHS10,000 and above per month at a ...
Read More »Why can’t we help Government? – Rawlings rallies opposition support
Former President Jerry Rawlings has lamented the extent to which partisan politics has polarised the country and slowed down its development. He said the situation does not allow for opposition party members to contribute to national development. Speaking at a ceremony to commemorate the 100th birthday of the late celebrated anti-apartheid hero, Nelson Mandela, former President Rawlings called for an ...
Read More »Free SHS has eased burden of Ghanaian parents – Ofori-Atta
The Finance Minister, Ken Ofori-Atta has hailed the Nana Akufo-Addo led government for putting in place the right policy initiatives that have improved the economic fortunes for the country. According to him, the NPP government has reduced the burden of Ghanaians as a result of the introduction of some policy interventions including the free senior high school initiative. The Minister ...
Read More »NHIA did not finance my $8,500 US training – Adwoa Safo
Deputy Majority Leader Adwoa Safo has refuted suggestions that the National Health Insurance Authority (NHIA) gave her a sponsorship of $8,500 to enable her undertake a training in Women and Power Executive Programme at the Harvard Kennedy School in the United States (US). In a press release, she admitted submitting such a sponsorship request to the NHIA in a letter ...
Read More »Akufo-Addo needs time to repair what you destroyed in 8 years – Konadu tells NDC
Former First Lady Nana Konadu Agyeman-Rawlings has opened up on why she decided to leave the opposition National Democratic Congress (NDC). Mrs. Agyeman-Rawlings turned her back of the NDC – a party foundered by her husband Jerry John Rawlings – just before the 2016 elections. She went ahead to form the National Democratic Party (NDC), and has since been an ...
Read More »Full Mid-Year Fiscal Policy Review of the 2018 Budget Statement & Economic Policy
Finance Minister, Ken Ofori-Atta, on Thursday, presented government’s Mid-Year budget review of the 2018 budget to Parliament. Among other things he revealed that the economic outlook was difficult, growth outlook has weakened and asked state agencies to cut expenditure to meet revenue shortfalls. He also said the NPP inherited a distressed economy, but after one year of implementation of the ...
Read More »Government releases GHC30 million for NaBCo
Minister for Finance, Ken Ofori Atta, says Government has released GH¢30 million to take care of the initial cost of the Nation Builders Corps Programme (NaBCo). The Nation Builders Corps (NABCO) programme is a government initiative to address graduate unemployment to solve social problems. The focus of the initiative will be solving public service delivery in health, education, agriculture, technology, ...
Read More »Minority predicts 2 new taxes in 2018 Mid-Year Budget Review
Ahead of the 2018 Mid-Year Budget Review, the Minority has predicted the government will increase taxes to fund its revenue-demanding policies. According to the Minority Legislators, the populist policies were introduced and trumpeted in the lead up to the 2016 elections to bring the then opposition New Patriotic Party (NPP) to power. Former Deputy Finance Minister, Cassiel Ato Forson, told ...
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