[ad_1] Ghana has secured the International Monetary Fund’s (IMF) Board approval for the second review of the IMF-supported post-COVID-19 Programme for Economic Growth (PC-PEG). This allows for the immediate disbursement of SDR 269.1 million (about US$360 million) to Ghana. According to the IMF, Ghana’s performance under the programme has been generally strong. The Bretton Woods…
[ad_1] Ghana’s plan to restructure $13 billion of Eurobond debt rejected last month by the International Monetary Fund is back on track, thanks to stronger-than-expected economic growth in the West African nation. The IMF informed Ghana in April that its proposal did not meet a key debt sustainability requirement. But 2023 growth was almost double…
[ad_1] The Minority in Parliament has staged a walkout ahead of the approval of Ministers and Deputy Ministers-designate by President Akufo-Addo. The group asserts that the current economic and power crises are the result of the government’s mismanagement, necessitating decisive action rather than new ministerial appointments. Speaking ahead of the adoption of the Appointments Committee…
[ad_1] The National Democratic Congress (NDC) has criticised the government for allowing the 24 designated ministers to commence official duties despite pending parliamentary approval. The Speaker of Parliament, Alban Bagbin adjourned the House indefinitely following a disagreement with the presidency over the anti-gay bill, effectively stalling the fate of the nominees. Nonetheless, the designated ministers…
[ad_1] Alban Bagbin The Speaker of Parliament, Alban Bagbin, has blocked the consideration of the nomination of Ministers and Deputy Ministers of State by President Akufo-Addo over his (President) decision not to assent to the bill on human sexual rights and family values. The Speaker’s actions follow a directive from the presidency, which issued a…
[ad_1] The Minister of Trade and Industry, K.T Hammond has explained that business owners who intend to import goods on the government’s proposed import restrictions bill are expected to make a request to the Trades Committee of Parliament for approval. He clarified that the proposed import restrictions bill on 22 commodities is not intended to…
[ad_1] Kobina Tahir Hammond In a bid to promote local industries and protect the economy, the Minister for Trade and Industry, Kobina Tahir Hammond, has presented a bill to parliament aimed at restricting the importation of several products. The proposed legislation includes a range of items such as Rice, tripe commonly called yemuadie, Cement,…
