Last year, the government overspent its budget by a little over GH¢4.2 billion, although its revenue fell by almost GH¢9.5 billion. The over expenditure and the shortfall in public revenue have been captured by the Auditor-General in its 2016 Report. … Read more →
President Nana Akufo-Addo has revealed that Ghana missed nearly all targets set for the country under the International Monetary Fund(IMF) Extended Credit Facility program of US$918 million . According to him, government missed the targets due to financial and fiscal … Read more →
The New Patriotic Party (NPP) government has found out that there is a Gh¢7billion expenditure that has not been disclosed by the Mahama government, the Vice President, Alhaji Dr Mahamudu Bawumia has disclosed. According to him, the expenditure which … Read more →
The exiting Mahama-led National Democratic Congress (NDC) government has approved a controversial €18 million waste management contract at a time the government’s tenure is coming to an end. The single source procurement was approved just last Thursday, December 15, by … Read more →
Government has borrowed about $37 billion, equivalent to GH¢148 billion in the last seven years, Dr Mahamadu Bawumia, Vice Presidential Candidate of the New Patriotic Party (NPP) in the 2016 elections has stated. According to him, “The more than GH¢91billion … Read more →
The National Democratic Congress (NDC) government has admitted that it indeed asked Destination Inspection Companies (DICs) to contribute $175 million to the repayment of judgement debt to Bankswitch, a private IT firm, in exchange for contracts. The Ministry of Trade … Read more →
It has emerged that the National Democratic Congress (NDC) government has surreptitiously asked Destination Inspection Companies (DICs) to contribute $35million to the repayment of a judgement debt to Bankswitch, a private IT firm, in exchange for contracts. Bankswitch dragged Ghana … Read more →
Hon. Emmanuel Kwabena Agyarko, Member of Parliament for Ayawaso West Wuogon Constituency has expressed no surprise in the findings by the International Monetary Fund (IMF) regarding the statistical figures churned out by Bank of Ghana (BoG) on Ghana’s economy. According … Read more →
The Progressive People’s Party (PPP) has accused government of experimenting with Ghana’s economy. According to the party, government has shown over the months it has no pragmatic solutions in dealing with the difficulties the economy is facing. The party blamed … Read more →
Financial Analyst, Sydney Casely-Hayford says government should know better than to blackmail its people with job cuts amidst labour demands for higher wages.This follows a warning given to the various labour unions by the General Secretary of the National Democratic … Read more →