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Taxes on locally made sanitary pads abolished; import duties on electric vehicles waived

Taxes on locally made sanitary pads abolished; import duties on electric vehicles waived

Finance Minister Ken Ofori-Atta announced during the 2024 Budget and Economic Statement presentation to Parliament that the government decided to remove import taxes on Electric Vehicles (EVs) designated for public transportation for eight years as

Business
We’ve turned the corner that is why inflation is dropping-Ken Ofori-Atta

We’ve turned the corner that is why inflation is dropping-Ken Ofori-Atta

Following a sharp decline in recent years, Ghana's economy has started to show signs of recovery, according to Finance Minister Ken Ofori-Atta. Mr. Ofori-Atta stated that the country's inflation has begun to decrease since the

Business
Akosombo Dam Spillage: GH¢220m allocated to victims in affected areas – Finance Minister

Akosombo Dam Spillage: GH¢220m allocated to victims in affected areas – Finance Minister

A total of GH¢220 million has been allocated by the government to assist with the relief efforts for the communities impacted by the Akosombo spill and floods in the Oti, Savannah, and Bono-East regions. The

Business
2024 Budget: Ghana’s GDP would surpass GH¢1 trillion by 2024- Ofori-Atta

2024 Budget: Ghana’s GDP would surpass GH¢1 trillion by 2024- Ofori-Atta

Finance Minister Ken Ofori-Atta projects that Ghana's GDP would grow to more than GH¢1 trillion by 2024. He disclosed that the nation's economy is expected to grow from GH¢219.5 billion in 2016 to the record

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Ken Ofori-Atta to present 2024 budget today

Ken Ofori-Atta to present 2024 budget today

The government's 2024 Annual Budget Statement and Economic Policy will be presented to Parliament today, November 15, by Finance Minister Ken Ofori-Atta. The Finance Minister is to carry out this constitutional exercise on behalf of

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2024 Budget :Palgrave Boakye-Danquah hints of legacy budget to revive economy

2024 Budget :Palgrave Boakye-Danquah hints of legacy budget to revive economy

  Palgrave Boakye-Danquah, the government's spokesperson for governance and security, has hinted that the 2024 budget will roll out pragmatic policies that revive the economy from the grappling effect of the current crisis. He maintains

Business
Finance Minister Ken Ofori-Atta set to present 2024 budget on Wednesday

Finance Minister Ken Ofori-Atta set to present 2024 budget on Wednesday

The government's 2024 Annual Budget Statement and Economic Policy will be presented to Parliament on Wednesday, November 15, 2023, by Finance Minister Ken Ofori-Atta. There have been demands for the government to drastically cut back

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Alan Kyerematen slams Ken Ofori-Atta

Alan Kyerematen slams Ken Ofori-Atta

Alan Kwadwo Kyerematen, a former minister of trade and industry, has disclosed that he and a small group of state officials supported the government's plan to ask the International Monetary Fund (IMF) for a bailout

Business
Ken Ofori-Atta Writes: Citizens – Standing Strong With The Bank Of Ghana

Ken Ofori-Atta Writes: Citizens – Standing Strong With The Bank Of Ghana

There is an anonymous quote that says “banks are to the economy what the heart is to the human body. They cycle necessary capital through the whole and they are barely noticed until pressure, necessity,

Business
Government to settle first coupon for Bonds affected by DDEP

Government to settle first coupon for Bonds affected by DDEP

The Ministry of Finance has begun the process of settling the first coupon payment of bonds affected by the domestic debt exchange program (DDEP). The Ministry said the matured coupons amount to GHC 2.4 billion,