POLITICS

All the MPs in the New Patriotic Party Caucus in Parliament want Finance Minister, Ken Ofori-Atta out of office, according to Majority Leader, Osei Kyei-Mensah-Bonsu. After a recent meeting, the Suame MP said the whole caucus now supports calls for the Finance Minister to resign or be sacked. “Even though the issue started with a group of 80-plus, the caucus ...

Mr Ken Ofori-Atta has assured Ghanaians that they have a Finance Minister who has gone through the aches and pains and nobody can really come and say the team managing the economy does not know what they are doing. Speaking at a meeting with the Association of Ghana Industries (AGI) in Accra on Thursday November 3, he assured businesses that ...

On Thursday 3rd November 2022, the Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey will chair a UN Security Council Ministerial open debate. The debate is on the topic “Integrating Effective Resilience-Building in Peace Operations for Sustainable Peace”. The objective of the meeting is to highlight the imbalance between military action and non-military interventions and to make a ...

Ranking Member on Parliament’s Energy and Mines Committee, John Jinapor, has cautioned government to apply petroleum sector revenues for their intended purpose. According to him, 500 million of energy sector levies which could not be accounted for by the Ministry of Energy had been used to pay for pensions and other non-petroleum related activities. The money, he said could have ...

North Tongu Member of Parliament Samuel Okudzteo Ablakwa has said President Nana Addo Dankwa Akufo-Addo only created the impression that he cut cost by dissolving the Ministry of Special Development Initiative (SDI) but in actual sense he did not. He stated that President Akufo-Addo increased the budget of the SDI Secretariat at the President from GHS1million in 2020 to GHS358million in 2021. In ...

Vice President, Dr Mahamudu Bawumia, has lauded the contributions made by the Group of Earth Observations (GEO) through the provision of critical data that continues to inform policy formulation, programme design and implementation in Ghana. Speaking in Accra at the 18th Plenary of the Group of Earth Observations (GEO) Week in Accra on Wednesday, November 2, 2022 Dr Bawumia said ...

A financial analyst Michael Dawson has indicated that the banking sector reforms undertaken by government, have strengthened local banks and made them more resilient to shocks. Dr. Dawson was responding to a statement by the Speaker of Parliament, Alban Bagbin that the Government erred in not supporting local banks to succeed. “I think clearly, the Speaker doesn’t understand the essence ...

Vice President, Dr. Mahamudu Bawumia, has admitted that the long delay in the construction of the Pwalugu Multipurpose dam project is as a result of financial constraints. Speaking at the launch of the Northern Development Authority’s five-year strategic plan in Tamale, Dr. Bawumia said government will look for funds to construct the dam. “Even though the project is facing financial ...

A Professor of Applied Economics at Johns Hopkins University, Professor Steve H. Hanke, has pegged Ghana’s inflation rate at 148%. This is against the current inflation rate (September 2022) of 37.2%. Reacting to President Akufo-Addo’s speech about reviving the ailing economy, the American Economist who is a hard critic of the country described the President address as “dreaming”. In a ...

On Thursday 3rd November 2022, the Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey will chair a UN Security Council Ministerial open debate. The debate is on the topic “Integrating Effective Resilience-Building in Peace Operations for Sustainable Peace”. The objective of the meeting is to highlight the imbalance between military action and non-military interventions and to make a ...