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The Minister for Information, Kojo Oppong Nkrumah, says the GHS 21bn reduction in the government’s appropriation for the 2023 fiscal year is commendable. Contributing to the statement on the mid-year budget presented by Finance Minister Ken Ofori-Atta on Monday, July 31, 2023, Mr. Nkrumah said though calls remain for further budget cuts, the mid-year 21bn cut is commendable. “I think …

GH¢60bn loss: We’ve not been reckless – BoG fights back

The government has revised its 2023 appropriation from ¢227.7 billion, as previously presented and approved in November 2022, to ¢206.0 billion. This adjustment is in accordance with Regulations 24 sub-regulation (3) of Public Financial Management Act Regulations 2019 (L.I. 2378). The revision was made due to two primary reasons. First, there were lower domestic interest payments and amortization following the …

The Minister for Finance, Ken Ofori-Atta has said the government has settled all arrears owed to caterers under the School Feeding Programme for the second and third terms of the 2022 academic year and the first term of 2023. Mr. Ofori-Atta disclosed this while addressing Parliament on behalf of President Akufo-Addo on the mid-year budget review on Monday, July 31, …

The Finance Minister, Ken Ofori-Atta, says the Nana Addo Dankwa Akufo-Addo government will not ask Parliament for any additional money. The Finance Minister made these remarks when he presented the mid-year budget review in Parliament on July 31. The Finance Minister explained that, the progress made in non-oil tax revenue collection within the year necessitated his comment on Government not asking …

More than GH¢15.1 billion irregularities have been uncovered in the operations of public boards, corporations and other statutory institutions for last year, the 2022 Auditor-General’s report has found. The amount represents a 13.86 per cent or GH¢2.4 billion reduction from the 2021 figure of GH¢17.48 billion. It is important to note that last year’s irregularities were made up of more …

A seeming frosty relationship between the Minister for Local Government and Rural Development, Daniel Kwaku Botwe and the Administrator of Districts Assemblies Common Fund (DACF), Irene Naa Torshie Addo-Lartey has landed on the desk of the President. The move follows recurring disagreements between the two top government appointees over the disbursement of the Common Fund resulting in the sector minister …

John Dramani Mahama, the Flagbearer of the National Democratic Congress (NDC), has expressed his concern about the maladministration of the Akufo-Addo-Bawumia government, stating that it poses the biggest threat to Ghana’s democracy. In a Facebook post on Monday, July 31, Mr Mahama called on Ghanaians to vote out the current administration in the 2024 election to rescue the nation. He …

Former Chief Executive of Ghana Cocoa Board (COCOBOD) Dr. Stephen Kwabena Opuni has filed a motion for Stay of Proceedings at the High Court to challenge the adoption of retired Justice Clemence Honyenuga’s proceedings. Following the Court of Appeal’s ruling on July 3 for the High Court not to start the trial afresh (Dr Novo) as per earlier ruling of …

The Minority in Parliament is demanding the relocation of pupils and students writing this year’s BECE and WASSCE to a safer location for the exercise.  Ranking member of the Education Committee in Parliament, Peter Nortsu-Kortoe believes the current state of insecurity has the tendency of affecting the peace of mind of the students. He is therefore advocating that the student …