In accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921) the Minister for Finance will, on behalf of the President, lay before Parliament the 2020 Budget Statement and Economic Policy of Government on Wednesday, 13th November, 2019.
Hon Ken Ofori-Atta tells CITI’s Bernard Avle: “He’s upbeat about Ghana’s future, the Energy Sector reforms are on Course and the PDS Saga over”
In a wide-ranging interview on CITI News last night, the first granted by the Finance Minister since the decision of the Government of Ghana to terminate the PDS concession, Hon. Ofori-Atta told Mr. Avle that Government is methodically addressing the challenges in Ghana’s energy sector, inherited from the “Dumsor” era.
Over 2 Million Children to Benefit from Improved Quality Education in Ghana
The World Bank Board of Directors approved today $150 million in financing to support the Government of Ghana to improve the quality of education for over two million children in low performing basic education schools, and to strengthen Ghana’s education system.
Minister for Finance Inaugurates Energy Sector Recovery Programme Steering Committee
Ken Ofori-Atta, Minister for Finance, on Monday inaugurated a government-led Energy Sector Recovery Programme Steering Committee, comprising of members across various sectors and ministries.
Ken Ofori Atta is the new Chair of the G-24 Ministers and Governors Committee
Ken Ofori Atta, Ghana’s Finance Minister is now the new Chair of the G-24 Group of the IMF and the World Bank. He was previously the 1st vice-Chair and he took over from Julio Velarde, Governor of the Central Bank of Peru.
Ghana and the Philippines Pledge Closer Economic Cooperation
Last week, a Government of Ghana delegation, led by the Finance Minister, Hon. Ken Ofori-Atta and the Minister of Energy, Hon. John Peter Amewu, undertook consultations with the Government of the Philippines, with a view to deepening the over 60-year relationship between the two nations, extending as far back as 1957.
Hon. Ken Ofori-Atta Leads Government Delegation to the 2019 IMF/World Bank Annual Meetings in Washington DC, USA
Hon Ken Ofori-Atta, Minister for Finance is leading Ghana’s delegation to the IMF/World Bank Annual Meetings to be held in Washington DC, from October 14th to 20th , 2019.
Finance Minister swears in Two new Board Members for GRA and accepts Retirement of Commissioner-General
Minister for Finance on Friday swore-in Professor Stephen Adei as the new Chair of the Board of the Ghana Revenue Authority (GRA), and Mr. Eugene Asante Ofosuhene as a Board Member. He also accepted the retirement notification of Mr Kofi Nti, the current Commissioner-General, effective October 1st 2019.
Government Places a hold on Payment Instructions to IPPs and GSs
Government has recently announced at a meeting hosted by the Ministry of Finance, the Ministry of Energy, IPPs and GSs on 26th August, 2019, that it is forming a steering committee under the Energy Sector Recovery Task Force to engage with each IPP and GS to resolve the Take-or-Pay power contracts crippling the country’s energy sector.
Government Debt Strategy and Issuance of Maiden 20 Year Bond and other Matters Relating to Bloomberg Reportage
The Ministry of Finance issued a debut 20-year domestic bond to investors with a settlement date of 26th August, 2019.