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Finance Minister Ken Ofori Atta

Finance Minister projects strong economy for Ghana in 2021

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The Minister of Finance, Mr Ken Ofori-Atta, has projected Ghana’s economy to rebound strongly in 2021 at 5.7 per cent as a result of...
Finance Minister Ken Ofori Atta

Finance Minister presents expenditure on Appropriation to Parliament on Wednesday

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Minister of Finance, Ken Ofori-Atta is expected to present to Parliament on Wednesday, October 28, 2020 the Expenditure in Advance of Appropriation from January...
Finance Minister Ken Ofori Atta

MMDCEs urged to ensure strict compliance to Financial Management Act

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Mr Ken Ofori-Atta, Minister of Finance has asked Metropolitan, Municipal and District Chief Executives (MMDCEs) to ensure strict application of the Integrated Financial Management...
Finance Minister Ken Ofori Atta

Government will maximise Ghana’s mineral wealth with Agyapa Royalties deal

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The Minister of Finance, Mr Ken Ofori-Atta, has said the Agyapa Royalties deal was intended to maximise the country's mineral wealth and create more...
Parliament

Parliament approves GH¢11.9 billion for government to meet public expenditure

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Parliament has approved GH¢11.896 billion as supplementary estimates for the 2020 financial year to meet government expenditure. The approval followed the request made by...
Finance Minister Ken Ofori Atta

MPR cut down as inflation decreases – Finance Minister

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Mr Ken Ofori Atta, Minister of Finance has said the Monetary Policy Rate (MPR) was cut by 100 base points in 2019 as inflation...
Finance Minister Ken Ofori Atta

COVID-19: Ghana records revenue shortfall of GHC13.6 billion

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Ghana has recorded revenue shortfall of GH¢13.6 billion and an unanticipated “but necessary” expenditures of approximately GH¢11.7 billion due to COVID-19, Mr Ken Ofori-Atta,...
Finance Minister

Government infrastructural development on course-Minister

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Mr Ken Ofori-Atta, the Minister of Finance says the country’s infrastructural development has seen a massive injection of resources with major construction works...
Finance Minister Ken Ofori Atta

Government to establish Automobile Industry Development Centre

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Government is to establish an Automobile Industry Development Centre to coordinate the technical processes for licensing vehicle assemblers and manufacturers, Mr Ken Ofori-Atta, the...
Finance Minister Ken Ofori Atta

COVID-19 slows economic growth

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Mr Ken Ofori-Atta, the Minister of Finance, said the COVID-19 outbreak is posing significant challenges to the economy, eroding the gains made for growth...
Finance Minister Ken Ofori Atta

Government initiates 654 boreholes nationwide

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Government has initiated the construction of 654 boreholes nationwide, out of which 621 are to be fitted with hand-pumps and 33, mechanized. ...
A pedestrian crosses a road in downtown Kigali, Rwanda, on March 22, 2020. On Saturday, Rwanda announced stricter measures to be implemented for the next two weeks in a bid to contain the spread of coronavirus, banning unnecessary movements of residents and ordering border closure. (Photo by Cyril Ndegeya/Xinhua)

Rwanda unveils US$3.5 billion fiscal budget to build economic resilience

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Rwanda on Monday presented a 3.2 trillion Rwandan Francs (about 3.5 billion U.S dollars) 2020/21 fiscal budget that is intended to build economic resilience...
IMF

Zambia and IMF to hold talks on economic recovery program

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The Zambian government said on Monday that it will commence discussions with the International Monetary Fund (IMF) on a possible financing program. ...
Finance Minister Ken Ofori-Atta

GHACHIFA urges China to consider Finance Minister’s appeal

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The Ghana China Friendship Association (GHACHIFA) on Saturday urged China to consider the call by Ghana's Minister of Finance for China to write off...
Minority To Support Government To Deal With Deficit On Public Purse

Minority to support government to deal with deficit on public purse

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The Member of Parliament (MP) for the Bolgatanga Central Constituency in the Upper East Region, Mr Isaac Adongo has pledged the support of the...
Finance Minister Ken Ofori-Atta

Finance Minister updates Parliament on impact of coronavirus on economy

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The Minister of Finance, Mr Ken Ofori-Atta, said preliminary analysis by the Ministry shows that the Coronavirus pandemic would impact negatively on the country’s...

Ghost workers reduced on government’s payroll- Controller and Accountant General

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Mr Kwasi Kwaning-Bosompem, Acting Controller and Accountant General has indicated that since the introduction of the Electronic Salary Payment System (ESPV) in 2014, ghost...

Five critical roads in UWR penciled for construction

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Five roads in the Upper West Region have been scheduled for construction this year under the government's Critical Roads Project. The projects included the...
Ken Ofori-Atta

Government to improve measure to protect people from terrorist activities

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Mr Ken Ofori-Atta, the Minister of Finance, on Friday said government will continue to improve measures to protect its people from terrorist activities, organized...

GRA gears up to exceed GH₵55 billion target

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The Ghana Revenue Authority (GRA) has celebrated its success achieved in revenue collection for last year with a renewed energy to exceed the...
tax

Namibia to introduce new tax incentives for small, medium-sized businesses

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Namibia plans to introduce new tax incentives aimed at small and medium-sized enterprises to help them grow, Minister of Finance Calle Schlettwein said on...
Ken Ofori Atta

Government allocates US$1.2 to Ministry of Tourism, Arts and Culture

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The Government has allocated US$ 1.2 billion to the Ministry of Tourism, Arts and Culture. This is...
Ken Ofori Atta

Agriculture Modernisation Programme makes significant strides—Finance Minister

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Mr Ken Ofori Atta, Minister of Finance at the presentation of the 2020 Budget Statement and Economic Policy to Parliament on Wednesday said...
Ken Ofori Atta

Government to boost entrepreneurship in 2020

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Mr Ken Ofori Atta, the Minister of Finance, has said government would accelerate entrepreneurship and MSME growth to support economic dynamism and job...
cash

Cedi depreciation declines following strong macro-economic fundamentals

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The strong macro-economic fundamentals posted by the economy, has resulted in a significant decline in the rate of depreciation of the cedi. "The annual...
Ken Ofori Atta

58 1D1F projects begin operation

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Fifty-eight (58) factories have begun operation under the government’s signature One District One Factory (1D1F) programme. Mr. Ken Ofori-Atta, the Minister of Finance, said...
Ken Ofori Atta

Government pledges to maintain fiscal discipline in 2020 Election

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Following is the full text of 2020 Budget Statement and Economic Policy, under the theme, “Consolidating the Gains for Growth, Jobs and Prosperity...
Ken Ofori-Atta

Ghana saves US$14 million through renegotiation of contracts

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Mr Ken Ofori-Attah, Minister of Finance has said the government of Ghana has saved 14 million dollars through renegotiation of contracts awarded by the...

Government to prioritise digitization for economic transformation

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Mr Ken Ofori-Atta, the Minister of Finance, on Wednesday said one of government’s cardinal principles is to prioritise digitization to ensure economic transformation and...

Free SHS has saved parents GH₵ 1.8 billion – Ken Ofori Atta

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Mr Ken Ofori-Atta, the Minister of Finance has disclosed that the introduction of the Free Senior High School (SHS) into the Ghana’s educational...