The vigilant minority in parliament exposed the government after it ordered Bank of Ghana to print fresh cash to the tune of 22 billion Ghana Cedis without permission from the house of legislation. In exposing this, the ranking member of the parliamentary select committee on finance Cassiel Ato Forson said the illegality is the reason inflation is sky rocketing.
Legendary Comedian Kwaku Sintim Misa (KSM) says Ghana’s visit to the International Monetary Fund (IMF) for the 17th time shows the country’s lack of financial discipline. In a tweet, the Veteran Satirist mocked the Government's decision to run to the IMF for an economic bailout.
A few weeks ago, Ghana's President, Nana Addo Dankwa Akufo-Addo, gave Finance Minister Ken Ofori-Ata the go-ahead for talks with the International Monetary Fund. The reason for Ghana's return to the International Monetary Fund is to seek assistance from the International Monetary Fund (IMF) to enable the country to meet its payments to the rest of the world and restore the health of government finances.
The Minister for energy and also a member of Parliament (MP) for Manhyia South Constituency, Honorable Matthew Opoku Prempeh but popularly known as Napo assures the Ghanaians that the New Patriotic Party (NPP) will take them out of the International Monetary Fund (IMF).
The groups of not excessively far off past were orientated along four tomahawks. These tomahawks were not fundamentally unrelated. Some covered, every one of them improved one another. Individuals got hit because of multiple factors: 1. In light of prevalent burden and accepted practices.
INTRODUCTION Many countries around the world go to the International Monetary Fund (IMF) for credit facilities to foster monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty in their country. African countries including Ghana also go to the IMF for bail outs when they are suffocating financially and are unable to finance thier budget and are having challenges balancing thier payment deficits.
Gabby Asare Otchere-Darko of the New Patriotic Party, NPP, has remarked on rising requires a reshuffle in the public authority of President Nana Addo Dankwa Akufo-Addo. In a virtual entertainment post located by GhanaWeb, Gabby said the calls were as though, in the event that the president notices the call, Ghana's financial difficulties will be all settled.
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.
A gathering calling itself Alliance For Footsoldiers Advocacy (AFFA), a grass root wing of the decision NPP, is approaching President Akufo-Addo to critically reshuffle his deputies to stimulate the economy. As per the gathering, a few eminent deputies of the public authority are torpid in their release of obligation which is easing back the monetary development.
1 Married men are strongly believed to know how to treat women better due to experience and this maybe also be the attraction point for some ladies 2. They are responsible Many single ladies are perceived to love someone who is already taken by another women because when married Men would come to visit them, they would not come empty handed but will be thoughtful to come with something maybe a shopping for them Unlike many bachelors.
The Deputy General Secretary of the National Democratic Congress (NDC), Peter Boamah Otokunor in an interview with the host of "The Gumbe Show", Mugabe Masse disclosed that the International Monetary Fund (IMF) may not be able to get a program for Ghana's economy until the year, 2023 first quarter.
The Founder of All People's Party (APC), Hassan Ayariga in an exclusive interview with Kofi Adoma and Yaa Brefo on Angel Broadcasting Network (ABN) flashback on Ghana going to the International Monetary Fund (IMF). Hassan Ayariga said if Ghana goes to the International Monetary Fund (IMF) for one hundred (100) consecutive times, the economy will still be in shambles because the problem is coming from the leaders. Before the economy can stand on its feet again unless the Ghanaians change the leaders otherwise
The NDC Caucus in Parliament has noted with dismay, a Bank of Ghana (BoG) Press Release dated July 26, 2022, which sought to respond to my statement calling out the Bank of Ghana for engaging in illegal money printing. They pointed out that the Bank of Ghana may be minded to respond to the following critical questions:
The Finance Minister, Ken Ofori-Atta, will introduce the 2022 Mid-Year Budget Review in Parliament sometime in the afternoon, July 25. Mr. Ofori-Atta was booked to convey the location on Wednesday, July 13, yet the date was changed because of the exchanges among government and the International Monetary Fund (IMF).
The Bank of Ghana (BoG) has decided to maintain the Monetary Policy Rate at 19.0%. This was after the BoG’s 107th Monetary Policy Committee meeting from July 20, 2022, to July 22, 2022. The decision to maintain the Monetary policy was based on the assessments deemed appropriate by Ghana’s Central Bank.
Finance Minister, Ken Ofori-Atta, is promising invigorating times ahead in spite of the monetary difficulties confronting the country. As per him, government is fostering an Enhanced Domestic Program as a team with the International Monetary Fund to supplement the GhanaCares Obataanpa program for macroeconomic security, obligation manageability, strong development and Ghana Beyond Aid.
The exercise is in line with the Public Financial Management Act, 2016 (Act 921) which enjoins the Minister of Finance to present the Mid-year budget review before the end of July. The exercise was originally scheduled for July 13, but had to be rescheduled to enable the Minister of Finance to engage with a team from the International Monetary Fund.
For north of five years, Cameroun Republic, an individual from the Region has been killing huge number of English Speaking Cameroonians (Ambazonians), for just utilizing their sacred right to gathering, free articulation, and dissent for an acknowledgment of their interesting personality and nationhood.
YOU SAW THE numerous digital currency related Super Bowl advertisements, and perhaps you thought that they are unusual, or profoundly tragic, or just shockingly recognizable. By and by, maybe you accept the blockchain has monetary rewards left to procure and need to bounce in, or you've previously got a portion of your cash restricted in cryptographic forms of money through organizations like Coinbase and FTX that were publicizing during the major event.
The Design and Technology Institute (DTI) has compensated five Small and Medium Enterprises (SMEs) with an all-out seed capital of $25,000 to help their business thoughts under its pre-gas pedal program as a feature of the Community Innovative Project. The opposition is a business pitch and gas pedal drive intended to distinguish, perceive and uphold promising understudy drove ventures with the possibility to scale and make maintainable positions for the overflowing jobless youth.