ALL POSTS FILED UNDER: FINANCE MINISTRY
GRA, Finance Ministry sued over tax waivers for 42 companies
Add a CommentThe Ghana Revenue Authority (GRA) and the Finance Ministry are facing a lawsuit over plans to grant tax waivers to 42 companies under the 1 District 1 Factory Initiative. The suit was initiated by three Minority Members of Parliament, led … Read more →
Akufo-Addo orders Finance Ministry to release ¢1.5bn bailout to banking sector clean-up victims
Add a CommentPresident Akufo-Addo has instructed the Finance Ministry to disburse ¢1.5 billion to assist customers affected by the banking sector clean-up operation. Finance Minister Dr Mohammed Amin Adam announced this directive over the weekend during a UK Town Hall meeting. Dr … Read more →
Ofori-Atta’s exit from Finance Ministry won’t affect IMF deal – Prez. Akufo-Addo
Add a CommentPresident Akufo-Addo has assured that the reshuffle of Finance Minister, Ken Ofori-Atta will not disrupt Ghana’s ongoing bailout package implementation with the International Monetary Fund (IMF). Speaking during his State of the Nation Address in Parliament on Tuesday, February 27, … Read more →
Finance Ministry has released GHC154m to pay nursing trainees – Health Ministry
Add a CommentThe Public Relations Officer of the Ministry of Health, Isaac Offei Baah, has revealed that the Ministry of Finance has released an amount of GHc154 million to settle the arrears of the nursing trainees. He said last week, an amount of GHC62 … Read more →
Cryptocurrency ban still in force – Finance Ministry
Add a CommentThe government has restated its prohibition on the use of cryptocurrencies in all financial transactions, emphasizing that all financial institutions in the country have received instructions to refrain from engaging in crypto-related activities. Dr. Mohammed Amin Adam, Minister of State … Read more →
Pensioner Bondholders Forum to picket Finance Ministry beginning May 8
Add a CommentMembers of the Pensioner Bondholders Forum say they will resume their picketing at the Ministry of Finance on May 8, 2023, to further press home their demand for the payment of all their outstanding coupons and principals. According to the … Read more →
GH¢1.1m paid as salaries to ‘3 ghost names’ at Finance Ministry recovered – Minister
Add a CommentA Deputy Minister of Finance, John Ampontuah Kumah has disclosed that questionable salary payments amounting to GH¢1,112,896.00 made at the Ministry have been recovered. The payments were captured in the Auditor General’s report on Ministries, Departments and Agencies which said … Read more →
Seth Terkper accused of sacking 12 Directors at Finance Ministry
Add a CommentMember of Parliament (MP) for Assin Central has dropped yet another bombshell over how ex-Finance Minister, Seth Terpker sacked twelve senior officials at the Ministry of Finance when the National Democratic Congress took over. Mr. Ohene Agyapong revealed that Mr. … Read more →
Finance Ministry releases free SHS funds
Add a CommentThe Ministry of Finance says it has released more than 50 per cent of the funds needed to finance the implementation of the free senior high schools (SHS) programme. Speaking to journalists in Accra on Thursday, a Deputy Minister of … Read more →
Finance Ministry starts settling GH¢3.4 billion gov’t debt
Add a CommentThe Ministry of Finance has begun the process of settling its indebtedness of GH¢3.4 billion to some companies as part of efforts to save them from distress. The payment affects more than 900 different invoices submitted by the affected companies, … Read more →
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