Finance Minister presents Mid Year Budget Review today

The Finance Minister, Ken Ofori-Atta will today (Thursday) present before Parliament the government’s 2018 mid-year budget review. The presentation is in line with Ghana’s Financial Management Administration Act which requires that the Minister for Finance appear before Parliament not later than July 31, to submit a Mid-Year Fiscal Policy review. The review is to afford the government the opportunity to […]

Read more

Finance Minister presents mid-year budget next week

The Ministry of Information has told Citi Business News the Finance Minister, Ken Ofori Atta will be presenting the mid-year budget review to parliament next week. The Information Ministry is however yet to announce the day. The Finance Ministry has already told Citi Business News government will be introducing new tax measures to boost domestic revenue mobilization. But speaking to […]

Read more

Fuel prices to drop again this week

The prices of petroleum products are expected to drop by about 2 percent this week. This is the indication from Citi Business News’ checks with players within the petroleum industry following developments on the global market. This will also be the second time in less than a week that fuel prices have been reduced this month (June). Petrol prices to […]

Read more

Government doctoring debt figures – Minority

The Minority in Parliament has accused the government of doctoring figures in order to reduce the country’s public debt stock. According to the NDC MPs, the Akufo-Addo led administration added some GH¢28 billion to the debt stock in 2017. The Finance Minister Ken Ofori-Atta last year stated that government through prudent management of the economy successfully reduced the country’s debt […]

Read more

GPRTU blames government for transport fare increment

The Ghana Private Road Transport Union (GPRTU) has defended its decision to increase transport fares by 10 per cent but blamed government for allowing consistent increment in fuel prices, which influenced the current increment. Transport fares were increased by 10 per cent on June 4, across the country; Mr Hope Ahiamadzie, Chairman of the Accra New Town Branch of GPRTU […]

Read more

Abrogate ‘controversial’ $89m telecom deal – Group demands

A Civil Society group, Tax Justice Ghana, has waded into the Kelni-GVG controversy, calling for the immediate abrogation of the contract. It is questioning the value for money considerations under which the contract was awarded. The 89 million dollars mobile monitoring and assurance contract has alarmed sections of the public with groups like IMANI Africa questioning its value; though the […]

Read more

Government poised to fix economy – Kwaku Kwarteng

A Deputy Minister of Finance, Mr Kwaku Kwarteng, has reiterated the government’s commitment to build a stable economy with strong macro-economic fundamentals that offer long-term stability and protect the value of financial assets in the country. He named some measures being taken to achieve that objective as deficit reduction, creation of fiscal space and gradual reduction of inflation. “The government […]

Read more

VOICE : Our system is not working to help the fight against the sale of contaminated fuel – Duncan Amoah

The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah has described the selling of contaminated fuel to unsuspecting motorists as unfortunate. His comment comes after hundreds of vehicles were grounded after buying fuel at the Radiance Filling Station and Glee Oil at kasoa and Top Oil at Ashaiman Klagon in the Greater Accra Region. Speaking to Accra Based Radio […]

Read more
1 2 3 13