2020

Ghana has recorded revenue shortfall of GH¢13.6 billion and an unanticipated “but necessary” expenditures of approximately GH¢11.7 billion due to COVID-19, Mr Ken Ofori-Atta, the Minister of Finance, has said on Thursday. “...This will…

Kasapreko Company Limited, a leading Ghanaian total beverage producing company, is to receive the Ghana Cedi equivalent of $28.251 million waiver of duties and taxes on import of machinery, equipment and raw materials for the next five…

Ghana’s public debt burden is ballooning. As at end-December 2019, the total gross public debt stock stood at GH¢217,990.7 million. This was made of GH¢112,509.4 million and GH¢105,481.2 million for external and domestic debt respectively,…

A total of 5,000 businesses will be funded with a GH¢50 million seed capital under the Presidential Business Support Programme Window three to scale-up their businesses. Since the inception of the initiative last month, about 9,000…

The impacts of the COVID-19 on Ghana will continue to be felt for a long time. There are 28 State-owned Enterprises and 19 of them will lose GH¢1.55 billion for 2020, the Minister of Finance has said. Mr Ken Ofori-Atta said the COVID-19…

The COVID-19 National Trust Fund has mobilised GH¢53,911,249.87, Mr Ken Ofori-Atta, the Minister of Finance said in the 2020 Fiscal Policy Review statement he presented to Parliament, on Thursday. The benefactors include individuals,…

The Government has committed GH¢75.4 million to cater for the fees of the 313,837 SHS-3 students writing this year’s West Africa Senior Secondary Certificate Examination. The move by the state is to help ameliorate the impact of the…

Government is to establish an Automobile Industry Development Centre to coordinate the technical processes for licensing vehicle assemblers and manufacturers, Mr Ken Ofori-Atta, the Minister of Finance said on Thursday. The minister who…

Mr Marricke Kofi Gane, an Independent Presidential Aspirant for the 2020 General Election has stated his commitment to discourage and stop corruption and indiscipline in the governance structure of political Parties. He therefore,…

More than 11,000 tourists have cancelled their scheduled visit to Ghana because of the outbreak of the COVID-19 pandemic, Mr Ken Ofori-Atta, the Minister of Finance said on Thursday. Presenting the 2020 mid-year budget review to…