Veteran news editor Kwesi Pratt has waded into commentaries regarding the Mid-Year budget review presentation and the effects on Ghana. There have been mixed reactions after Finance Minister Ken Ofori Atta finished his presentation. The Minority have called it a waste of time and irrelevant. They have alleged that government has with the assistance of the Bank of Ghana printed 22 billion cedis to solve their financial crisis.
The Minority in Parliament has come back even stronger after the Bank of Ghana clearly stated that there was no any illegality. In fact, Dr. Casiel Ato Forson has not allowed matters to rest but he has made further utterances to make matters even worse. According to the NDC Member of Parliament, the explanation by the Bank of Ghana seeks to mislead the ordinary Ghanaian and to make it look as if the people of Ghana are not intelligent.
Kwabena Duffuor is competing to become the flag bearer of the national democratic congress and going ahead into the presidential seat. Kwabena Duffuor after leading affairs of the Bank Of Ghana seems to be very interested in managing the economy since it’s something he has been doing behind closed doors for sometime.
Dr. Mahamudu Bawumia decided to spend today's celebration with Ghana's former president, John Agyekum Kuffour. In a a video which has started making waves on the internet, Dr. Mahamudu Bawumia and John Agyekum Kuffour were spotted at Peduase Valley Resort to have a good time together.
A few monetary organizations are as yet confronting serious troubles five years after the public authority burned through GH¢21 billion in a monstrous tidy up exercise to reestablish the business in the groove again. This time, the public authority expects between GH¢7 billion and GH¢8 billion to manage the most recent improvement which the national bank depicts as a migraine since a year ago.
The mid year budget for 2022 was disclosed by the current Finance Minister, Ken Ofori Atta and it is sparking a not of issues online. People expressed their various concerns about the budget and one of the NDC Member of Parliament by name, Ato Forson has expose the finance minister over an amount of 22 Billion Ghana Cedis which was printed without the knowledge of Parliament Bank Of Ghana.
John Dramani Mahama, a former president, has claimed that the government merely misappropriated funds intended for the fight against COVID-19. The issues the nation is currently facing, according to Mr. Mahama, are the result of the government's reckless use of financial resources, especially during the 2020 election season.
As the current state of the Ghanaian economy keeps skyrocketing, the Ghanaian currency (Ghana cedi) is not doing well on the Forex exchange market. Day in, day out, the Ghanaian cedis keep deprecating against other currencies on the forex market due the economic crisis facing the country at the moment.
The Bible made it clear that, we must know the truth and the truth will set us free. There is a particular adage in our local language which means that, the truth cannot be hidden forever. We must learn to move with the truth always.
1. Just 7 hours without FB, WhatsApp and Instagram, people felt like they world has come to an end. It was only yesterday that I realized that mark zuckaberg (FbOwner) can control the entire world. How would you feel if the internet was to shut down forever?
The Ghana Chamber of Bulk Oil Distributors (COBD) has forecast an up to one Cedi per litre reduction in the price of petrol and diesel by April 1, 2022. This follows several engagements the COBD had with the Bank Of Ghana (BoG) and stakeholders to draw up interventions, aimed at reducing the prices of the various fuels.
The Ghana Association of Bankers kicked has against any proposition for the Bank of Ghana to cover loan fees in the nation, saying, it would be counterproductive and could bring about potentially negative side-effects. As per its Chief Executive, John Awuah, loaning rates must be controlled by market essentials and not power guideline.