Parliament has approved a loan amounting to eleven (11) billion Ghana Cedis to construct a new brigade across the Volta River at Volivo on the Eastern Corridor Road. The chairman of the committee who...
Minority in parliament has criticised the President Mahama led National Democratic Congress (NDC) government over a high interest loan facility being offered to the Electricity Company of Ghana...
Four loans sent to Parliament by government have been approved by the 275-member body. Parliament, which is expected to break on Thursday, November 3, 2016 for the December 7 polls is said to have...
Ghana’s Parliament has approved a loan agreement worth ¥11billion for the construction of a bridge at Volivo across the Volta River on the Eastern Corridor road within the Volta Region. The...
A member of the Finance Committee of Parliament, Dr. Mark Assibey-Yeboah has questioned the GH¢1.9 billion to be expended on interest payments for the first quarter of next year, out of a total...
A Senior Economics Lecturer at the University of Ghana, Legon, has raised concerns over government's continuous borrowing strategy, warning the economy could suffocate under high indebtedness. Dr....
Government has projected that for the first quarter of next year it will spend GH¢1.88 billion on interest payments, an amount which is 50 percent more than the planned expenditure on capital or...
Government is expected to cough about GHC1,889,870,741 to pay interest on loans in the first quarter of 2017 calendar year. This revelation came to light on the floor of Parliament on Thursday, 20...
Government missed its budget deficit target in the first seven months of 2016 as the government raised less revenue than forecast and exceeded spending plans for goods, services and capital...
The Minority in parliament has criticized government for not investing in critical sectors of the economy in its expenditure of the Appropriation Bill. The Appropriation Bill which was approved by...
Economist, Dr. Lord Mensah has criticized the almost 2 billion cedis budget deficit in the advance expenditure appropriation presented by the Minister of Finance, Seth Terkper. Parliament, on...
The Government of Ghana will spend GHC1.8 billion on loan interests alone in the first-quarter of 2017, MP for the New Juaben South constituency, Dr Mark Assibey Yeboah has said. Parliament on...
Ghana’s Parliament has approved a GHC10.9 billion request by the government to help finance “critical government expenditure” in the first quarter of 2017. This follows the recommendation for...
Parliament has adjourned the delivery of the first quarter budget of the 2017 financial year to November. According to TV3‘s correspondent Rabiu Alhassan, the decision may have been informed by the...
The Minister of Finance, Seth Terkper, is expected in Parliament today, October 20, 2016 to present an advanced budget covering government spending for the first quarter of 2017. The move has become...
The Kufuor administration and the New Patriotic Party (NPP) wasted reliefs from the Highly Indebted Poor Country (HIPC) initiative on “tiny toilets,” the governing National Democratic Congress’...
Former Minister of State and Ranking Member on the Finance Committee in Parliament says the vice president, Amissah Arthur has shown total ignorance with his response to Dr Bawumia’s recent lecture...
The Member of Parliament for Ketu North and the Chairman of the Finance committee in Parliament, has questioned the credibility of the assessment of the economy by the New Patriotic Party’s vice...
Economist, and member of the Finance Committee in Parliament, Dr. Anthony Akoto Osei has defended the legislature’s decision to cap the Bank of Ghana (BoG) financing of government budget at 5...
The Bank of Ghana will now be able to finance government’s budget at five percent following the passage of the BoG Amendment Act which is now awaiting Presidential Assent.
“I cannot really speak...