Tag Archives: ken ofori atta

Finance Minister Ken Ofori-Atta has said that the social intervention programmes that were introduced by the government will not be touched following the coming on board the $3 billion bailout from the International Monetary Fund (IMF). Asked whether the Livelihood Empowerment Against Poverty (LEAP) and the Free Senior High School (Free SHS) programmes …

Finance Minister, Ken Ofori-Atta, on May 12, 2022, said the Ghanaian economy was on the right path, therefore, there was no need for government to run to the International Monetary Fund (IMF) for financial assistance. He stressed that the government had rolled out some interventions and policies to ensure sufficient …

Ghana’s Finance minister, Ken Ofori-Atta asserts that about two-thirds of the economies on the continent are suffering from interest payments that surpass their budgeted allotments for health and education. He is quoted by the New York Times as having expressed “disappointment that advanced economies had been slow to act.” The …

Ken Ofori-Atta, the Minister of Finance, has patted the Ghanaian government on its back for the speed in which it has processed its bailout from the International Monetary Fund (IMF). He said Ghana has broken all the records in the required category for a loan from the Bretton-Wood Institute. Speaking …

The Finance Minister, Ken Ofori-Atta, has revealed that Ghana is likely to receive the International Monetary Fund’s (IMF) Board approval for a $3 billion bailout by the close of May 2023. Mr Ofori Atta speaking to Eurobond holders at an Investors Presentation Forum said Ghana has made significant progress in terms …

The former Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng has accused President Nana Addo Dankwa Akufo-Addo and Finance Minister, Ken Ofori-Atta of backstabbing him. According to the former banker and soldier, he has always struggled to come to terms with the events surrounding the revocation of UT Bank’s operating licence by the government …

Finance Ministry says payment of coupons and principals in respect of the Domestic Debt Exchange Programme (DDEP) will start on March 13, 2023. According to a release issued by the Ministry, this only applies to old bondholders who did not sign up for the DDEP. “Secondly, in fulfillment of the …

Following a successful domestic debt exchange programme, the Finance Minister, Ken Ofori Atta, has revealed that discussions on Ghana’s debt are being held with China. Negotiations with China, according to Mr. Ofori-Atta, are crucial because they hold the majority of the external bonds. The Finance Minister stated in an interview …

The Minority leader in Parliament, Dr. Cassiel Ato Forson, has warned that 17 banks in the country are at risk as a result of the government’s domestic debt exchange programme. His warning comes after Finance Minister Ken Ofori-Atta was summoned to brief Parliament on the ongoing picketing at the Finance Ministry …

Finance Minister Ken Ofori-Atta has stated that failure to secure a bailout with the International Monetary Fund (IMF) by mid-March may ground Ghana’s economy to a halt. Addressing Pensioner bondholders who have resisted their inclusion in a domestic debt exchange programme on Monday, February 6, the Finance Minister pleaded with …