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The Bank of Ghana (BoG) says it is committed to reducing its lending rates for commercial banks to ease the cost of doing business in the country. The central bank explained that this decision will be carried out if existing conditions permit it so as to facilitate growth of the...
Ghana’s Budget for the 2018 Fiscal Year, on the theme: “Putting Ghana Back to Work,” is set to translate the macroeconomic stability achieved in the last fiscal year in shared growth by energising the private sector and spurring entrepreneurship. The Minister of Finance, Ken Ofori Atta, who presented the 2018...
Former Finance Minister, Seth Terkper, has commended the current government’s economic management team and the Energy Minister for reducing electricity cost. The power tariff cut, by as much as 13% for some category of users, was contained in the 2018 budget statement presented to Parliament by Finance Minister, Ken Ofori-Atta,...
The government of Ghana is set to provide 200,000 household toilets and 20,000 institutional latrines through the “Toilet for All” agenda in 2018. Presenting the 2018 Budget and Economic Policy Statement to parliament on Wednesday, 15 November under the theme: “Putting Ghana Back to Work”, Mr Ofori-Atta pointed out that...
The Akufo-Addo administration has introduced a special initiative targeted at jobless graduates called the Nation Builders Corps (NBC). In the 2018 Budget address, under the theme, “From Stabilization to Work; Putting Ghana to Work Again”, the Finance Minister, Ken Ofori-Atta, said 100,000 tertiary graduates will be employed under the NBC...
The flagship free Senior High School (SHS) policy by the Akufo-Addo led government has been described as “destiny changing”. According to Finance Minister, Ken Ofori-Atta, the initiative has given hope to students whom hitherto had no hope of furthering their education. Ghana has joined the ranks of Norway, Sweden, Germany, Denmark...
Finance Minister Mr. Ken Ofori Atta will today , November 15, 2017, present the 2018 budget to lawmakers. The budget will be second the for the Akufo-Addo administration since it took over the administration of the country in January 2016. The budget is expected to focus on about 10 key areas...
The government is to set aside GH? 480 million in the 2018 Budget for the payment of allowances to teacher and nursing trainees after restoring the allowances for next year. The amount is to be paid to the thousands of nurses and teacher trainees in the various colleges in the...
The Minister for Finance, Ken Ofori-Atta will be presenting the 2018 budget statement and economic policy of government on November 15,2017 which is expected to focus on Industrialization; Agriculture and consolidation gains made after almost a year in office. This was communicated to Members of Parliament during the presentation of...
The ongoing Tema Port Expansion Project is a major intervention to accelerate the pace of Ghana’s development in the current competitive business world, President Akufo-Addo has stated. The President made this observation when he kick-started his three-day tour of the Greater Accra Region with a visit to the Offices of...