Tag Archives: Nana Akufo-Addo

We want 51% in ECG privatization compact- Nana Addo declares

Women Policy

President Akufo-Addo has stated that government will stand by its decision to amend the Private Sector Participation (PSP) compact of the Electricity Company of Ghana(ECG) with the Millennium Challenge Corporation(MCC). Under the agreement, which is known as the Power Compact II, the government is expected to allow about 80 percent private sector control in ECG for the country to benefit ...

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President’s pro-poor policies highly commendable

Women Policy

Alhaji Issah Martey, a businessman, has commended President Nana Addo Dankwa Akufo-Addo for making pro-poor policies a strong pillar of his national economic development agenda. “I am particularly amazed to see a conservative President who is so concerned about the challenges and sufferings of the poor and the marginalized in our society” In an interview with the Ghana News Agency, ...

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Nana Addo’s maiden budget will focus on restructuring- Economist

2018 budget

As the Finance Minister, Ken Ofori Atta prepares to present government’s budget before parliament this week, some financial observers are hopeful the tax reviews announced in the NPP’s Manifesto are still prudent despite the debt stock. President Akufo-Addo last week announced that government’s debt has hit 122 billion cedis, representing 74% of the GDP. There are concerns how the government ...

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Trades Union Congress makes budget proposals

Trades Union Congress

The Trades Union Congress (TUC) has welcomed the NPP government’s honouring an agreement on the 12.5% increase in salaries for public sector workers on the Single Spine Salary Structure (SSSS) for 2017. This was captured in the TUC’s proposals for the 2017 Budget statement and economic policy released this week. Commenting on the unemployment challenge which the TUC regards as ...

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Ghana missed all IMF targets for 2016 – President

Nana-Akufo-Addo

In April 2015, the Ghana government signed a $918 million credit facility agreement with the International Monetary Fund (IMF), the three-year arrangement under the Extended Credit Facility (ECF) was in support of the country’s medium-term economic reform programme. Under the programme, the IMF sought to support growth and help reduce poverty by restoring macroeconomic stability through an ambitious and sustained ...

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Gov’t to address high import charges at the ports- Nana-Addo

GRA auditioning

President Nana Akufo-Addo has stated that government will address the high import charges at the ports to encourage Ghanaian businesses to contribute to the economy. He added that the details of the move will be published in the first budget presentation, which will be laid before parliament by the Finance minister, Ken Ofori Atta. According to him, the issue of ...

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Power Compact II is a concession, not a sale of ECG -Agyarko

ecg

The Minister nominee for Energy, Boakye Agyarko has described the Millennium Power Compact II as a concession and not a sale of the Electricity Company of Ghana (ECG) to the Millennium Development Authority(MiDA). Reacting to questions on whether the compact was a sale or not at the Appointment Committee of parliament, Mr Agyarko insisted that the compact will only lease ...

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Be wary of “looters” – Amidu cautions Akufo-Addo

Former Attorney General and Minister of Justice, Martin Amidu has cautioned President Nana Akufo-Addo to be “wary when dealing with public purse looters of any hue.” He also urged the president not to repeat the mistakes of the previous administration led by former president John Mahama. In his latest epistle dated January 15, 2017, Mr Amidu said: “Your Excellency Mr ...

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Nana Akufo-Addo to be briefed on the Nation after Swearing-in.

Nana-Akufo-Addo

After his swearing-in on Saturday, January 7 as President of the Ghana, Nana Addo Dankwa Akufo-Addo will receive a briefing on the state of the nation Monday, January 9, an official of his Transition Team has said. Kojo Oppong Nkrumah told TV3’s Nana Kweku Aduah in an interview on Friday that the president-elect has already been apprised of outcomes of ...

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Central Region decided my victory – Akufo-Addo

The President-elect, Nana Addo Dankwa Akufo-Addo has expressed gratitude to the people of Central Region for deciding his victory in the 2016 general elections. The Region voted massively for the New Patriotic Party (NPP) which saw the party won 19 of the 23 parliamentary seats including two die hard seats of the National Democratic Congress (NDC). Nana Akufo-Addo who was ...

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