Author Archives: edwardkanawu

List of expenditure cut measures in 2023 budget

Finance Minister, Ken Ofori-Atta Government has introduced a number of expenditure cut measures that will take effect from January 2023. The Finance Minister, Ken Ofori-Atta, made this known when he appeared before parliament to present the 2023 budget statement. He said: “Mr. Speaker, as a first step toward expenditure rationalisation, Government has approved the following directives which take effect from January ...

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Government freezes employment for civil and public servants for 2023 financial year

play videoFinance Minister, Ken Ofori-Atta The government has frozen the hiring of public and civil servants for the 2023 financial year. According to the Finance Minister, Ken Ofori-Atta, this is part of expenditure cut measures being adopted by government to address the current economic challenges. “A hiring freeze for civil and public servants. No new government agencies shall be established in ...

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Highlights of 2023 budget presentation by finance minister

  play videoKen Ofori-Atta, Finance Minister The Minister of Finance, Ken Ofori-Atta has appeared before parliament to fulfill his constitutional mandate by presenting the government budget to the House. The presentation was in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921). GhanaWeb in this article highlights key measures announced in ...

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FULL TEXT: Finance Minister’s draft speech for 2023 budget

Ken Ofori-Atta, Finance Minister The Minister of Finance, Ken Ofori-Atta, is in parliament to fulfill his constitutional mandate by presenting the government budget to the House. The presentation is in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921). The minister is presenting the 2023 Budget Statement and Economic Policy ...

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comGovernment negotiating deal to use gold for purchase of imported oil products – Bawumia

Vice President, Dr. Mahamudu Bawumia Vice President Dr. Mahamudu Bawumia has said government is negotiating a new policy that seeks to ensure the country purchases imported oil products with gold rather than foreign exchange. In a Facebook post on November 24, 2022, the Vice President said the policy is expected to take effect by the end of the first quarter of ...

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How GII, CDD, IMANI, MFWA reps swiftly vouched for Bawumia’s incorruptibility but mute on Mahama

  Former President, John Dramani Mahama and Vice-President, Dr Mahamudu Bawumia After controversial journalist, Anas Aremeyaw Anas published a teaser on Charles Adu-Boahen’s exposé suggesting Vice President Bawumia took an “appearance fee”, top civil society representatives quickly came to Dr. Bawumia’s defense. From NewsFile Host Samson Lardi Anyenini to representatives from the Ghana Integrity Initiative (GII), The Center for Democratic ...

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Ghana’s total debt stock currently stands at GH¢450 billion in 2022 – Ofori-Atta

Minister of Finance, Ken Ofori-Atta, has said the country’s total debt stock currently stands at GH¢450 billion in 2022 from a total of GH¢120 billion in 2017. This represents about GH¢300 billion in borrowing since the Akufo-Addo government came into office in January 2017. Ken Ofori-Atta appearing before the ad-hoc committee probing a censure motion filed against him by the Minority ...

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Who is Prof Adu Boahen, Charles Adu Boahen’s father?

Prof Albert Adu Boahen Former Minister of State in charge of finance’s alleged actions in the ‘Galamsey Economy’ exposé by investigative journalist, Anas Aremeyaw Anas, is said to have been an embarrassment to his family particularly his father, Prof Albert Adu Boahen. Speaking during his appearance at the ad hoc committee hearing on a vote of censure motion against him, on Friday, ...

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FULL TEXT: Ken Ofori-Atta’s response to censure motion

The Minister for Finance, Ken Ofori-Atta, on Friday, November 18, 2022, appeared before an 8-member committee ad hoc committee of Parliament hearing a vote of censure motion against him. The minister as part of his appearance gave a response to five out of the 7 grounds levelled against him by the minority in parliament who are the proponents of the motion. Mr Ken ...

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National Cathedral: You got it all confused – Ofori-Atta to minority on Contingency Fund, Contingency Vote

  Finance Minister, Ken Ofori-Atta Embattled Finance Minister Ken Ofori-Atta has observed that the minority in parliament, who have filed a motion of censure against him on seven grounds, one of which is that he unconstitutionally withdrew money from the consolidated fund toward the construction of the national cathedral, seem confused over the processes he used in securing the funds ...

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