A former senior vice president at the World Bank, Professor Yifu Lin, has warned that Ghana risks losing out on huge investments if it fails to embark on drastic economic reforms. Ghana recently dropped 12 places in the latest World Bank Ease of Doing Business report. Prof Lin believes such...
Former Finance minister Seth Terpker is mocking the Akufo-Addo government for still borrowing despite assurances, while in opposition, that they would not borrow for development when in government. According to the Central Bank, the total public debt for the country as at May this year reached ¢137 billion putting the...
The Minority National Democratic Congress (NDC) Members of Parliament (MPs) have cautioned that they will resist any attempt by the government to impose tax indiscriminately on anything including house-keeping money, known in the local parlance as 'chop money' if it is introduced in the 2018 budget. The government intends to...
THE MINORITY caucus in Parliament has indicated that it will soon table a motion for the Finance Minister, Mr Ken Ofori-Atta, to be summoned before the House over the infamous case of under-subscription of the government’s Energy Bond. At a press conference on Wednesday, the Minority, led by former Deputy...
Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa says the Education Minister, Dr. Matthew Opoku Prempeh misled Parliament by stating that the previous administration made no allocation for its Progressively Free Education Programme before it exited office. According to the former Deputy Education Minister, “Government released all funds being...
Former President John Mahama appears unperturbed about the opposition he is likely to face in the National Democratic Congress’ (NDC) presidential primaries ahead of the 2020 general elections. He said he has no problem with the candidates who have so far declared their intentions of leading the party in the...
Duties on agro-processing equipment and machinery to be removed Massive road construction and irrigation in food basket areas Pension scheme for cocoa farmers etc. Vice-President Dr Mahamudu Bawumia has said government will use the 2018 budget, scheduled to be presented to Parliament in a month’s time, to support an ambitious agriculture transformation...
Vice President Dr Mahamudu Bawumia on Saturday said the general improvement in the macroeconomy had proven that the Government can be trusted to deliver on its promises to transform the economy. “This is just the beginning,” he said, attracting thunderous applause from the audience. Addressing delegates at the 25th Annual National...
The Senior Minister Yaw Osafo-Maafo has warned the country may be heading for trouble if the private sector growth is not supported to help curb the level of unemployment. Accord Mr Osafo-Maafo the country has high level of youth unemployment which must be reduced with the private sector being supported...
The Technical Economic Advisor to Vice President, Dr Mahamudu Bawumia, has dispelled suggestions that the rate of borrowing under the current administration could plunge the economy into an irreparable national debt situation. Dr Gideon Boako says the Minority’s argument that the rate of borrowing under the current administration points to...