Banks Write Off ¢2.416Bn As Bad Loans As Of August 2023
Banks wrote off ¢2.416 billion as bad debt in the first eight months of this year, 36.4% increase over the previous year, highlights of Banks Income Statement by the Bank….
Tag: Finance Minister Ken Ofori-Atta
Suppress Appetite For High-Interest Loans – Gov’t Told
The Institute of Statistical, Social and Economic Research (ISSER), has cautioned the government to suppress its appetite for high-interest loans. Director of ISSER, Professor Peter Quartey, noted that Ghana’s ongoing….
Calls For My Removal Were Warranted – Ofori-Atta
Minister of Finance Kenneth Nana Yaw Ofori-Atta has described calls for his removal as “warranted” in a democracy. He, however, said he felt “battered and broken” by the calls. But….
Chamber Of Corporate Trustees Signals Readiness To Participate In New DDEP
The Chamber of Corporate Trustees has indicated its preparedness to participate in the alternative Domestic Debt Exchange Programme (DDEP) being offered by the Government of Ghana (GOG). This comes on….
The Call For The Removal Of Ofori-Atta As Finance Minister Is Unnecessary Now – Tolon MP
Ghana’s Minister for Finance, Ken Ofori Atta has been under intense fire by a cross-section of the public for some months now over the weak Ghanaian economy. Prior to landing….
Presentation Of Mid-Year Budget Review Rescheduled To July 27
The presentation of the mid-year budget review by the Finance Minister, Ken Ofori-Atta has been rescheduled to Thursday, July 27, 2023. The Second Deputy Majority Whip, Habib Iddrisu said this….
Finance Minister To Meet Independent Power Producers Today Over Plan To Cut Power Supply
Finance Minister Ken Ofori-Atta will be meeting the Independent Power Producers (IPPs) over their threat to cut power supply due to non-payment of their arrears. A Government Spokesperson George Ayisi….
#Ken Must Go: I’m Not The Right Person To Decide- Hon Andy Appiah-Kubi
Member of Parliament for Asante Akim North constituency, Hon Andy Appiah -Kubi has refused to share his two scents on the quest to kick Ken Ofori Atta out of office…..
No Second Round Of DDEP For Pension Funds – Ofori-Atta Assures
Finance Minister, Ken Ofori-Atta, has explained that there will not be another round of domestic debt restructured. An earlier report had indicated that whiles the minister was making an address….
Ghana, Bondholders’ Advisers Kick Off Debt Talks Under Non-Disclosure Agreements — Sources
Ghana’s government and international bondholders are pushing forward with formal debt talks after advisors to both sides signed non-disclosure agreements (NDA), three sources with direct knowledge of the matter told….