According to a disclosed report, Samuel Okudzeto Ablakwa, Member of Parliament for North Tongu, claims that the daughters of President Nana Addo Dankwa Akufo-Addo are associated with Service Ghana Auto Group Limited, the company involved in the $34.9 million ambulance spare parts deal scandal. He alleged that, Finance Minister, Ken Ofori-Atta who is related to the President hurriedly signed it …
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Ghana’s economy is on autopilot – Ato Forson
Minority Leader, Dr. Cassiel Ato Forson has criticised the 2024 mid-year budget, describing it as uninspiring and hopeless. The Ajumako-Enyan-Essiam Member of Parliament attributed this sentiment to what he sees as a consistent pattern of the Akufo-Addo administration. On Tuesday, July 23, Finance Minister Mohammed Amin Adam presented the 2024 mid-year budget review to Parliament. During his address, Dr. Amin …
Read More »We will revive Tema Oil Refinery — Herbert Krapa assures
Plans are far afoot for the Tema Oil Refinery (TOR) to secure a strategic partner within the next 90 days to commence full operations. To ensure that the process is successful and in the best interest of the country, the Minister of State for the Ministry of Energy, Herbert Krapa, has indicated that government through the Ministry and all its …
Read More »Ghana’s public debt hits GH¢742bn from GH₵658.6bn – Amin Adam
Dr Mohammed Amin Adam, the Finance Minister, has disclosed that the central government’s provisional total debt stood at GH¢742 billion (US$50.9 billion) as of June this year. This figure represents 70.6 per cent of the Gross Domestic Product (GDP). While delivering the 2024 mid-year budget review in parliament in Accra on Tuesday, Dr Adam stated, “This indicates an increase of …
Read More »My elevation as Finance Minister proof that opportunities abound for all Ghanaians – Amin Adam
Finance Minister, Dr. Mohammed Amin Adam has given hope to young Ghanaians who are striving to make their lives better an indication that they can achieve greatness. While delivering the Mid-year budget review in Parliament on Tuesday, July 23, 2024, he indicated that he never dreamt of being elevated to the position he occupies now. He believes that young Ghanaians should invest …
Read More »Deputy Education Minister disappointed in teachers, promises supply of laptops by August
The Deputy Education Minister, Prof Kingsley Nyarko has expressed disappointment over the boycott of his speech by teachers at their annual meeting due to the Ministry’s failure to deliver outstanding laptops promised to teachers. According to the Minister, if the teachers had been patient, they would have known that specific timelines had been set for the delivery of the laptops, …
Read More »¢135m invested in National ID programme since January – Finance Minister
Finance Minister, Dr. Mohammed Amin Adam has announced that the government has undertaken significant efforts to digitalise the economy. According to the Minister, this initiative aims to involve every citizen in the revival of the local economy. Dr. Amin Adam, who also serves as the Member of Parliament for Karaga, revealed that approximately GH₵135 million has been invested in the national identification …
Read More »Mid-year budget: International reserves increase to 3.1 months of import cover
The Minister for Finance, Dr. Mohammed Amin Adam says Ghana’s economy is showing promising signs of recovery and growth. The Minister addressed Parliament on Tuesday, July 23, 2024 emphasizing key achievements and outlining government’s plans for the remainder of the year. Dr. Adam began his address by acknowledging the global economic challenges but expressed confidence in Ghana’s economic trajectory. One of the …
Read More »Mid-Year Budget: We’ve reversed negative trends, all indicators better – Amin Adam
Dr. Mohammed Amin Adam, the Finance Minister, has remarked that the economy is rebounding stronger than anticipated. He attributed the economic growth to the stabilisation of the exchange rate, decline in inflation, and boost in gross international reserves. According to him, the policies and choices being implemented by the government are yielding results. During his presentation of the Mid-Year Budget …
Read More »Ghana is living within her means – Finance Minister
Finance Minister, Dr Mohammed Amin Adam, has indicated that the measures being put in place by the country are yielding the needed results. According to him, Ghana is currently living within its means and that’s helping to save the country’s economy and helping in the rebound process. He made this known while presenting the Mid-year fiscal policy review to Parliament on …
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