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Finance Minister, Ken Ofori-Atta has emphasized the country’s commitment to fiscal responsibility, stating that Ghana will not hastily seek to return to the international capital market for borrowing. Speaking at a press conference on Thursday (May 18), Ofori-Atta highlighted the importance of revenue measures and prudent expenditure management in ensuring financial stability and sustainability. He further acknowledged the revenue-enhancing measures outlined...
Finance Minister, Ken Ofori-Atta has emphasized the significance of the Debt and Debt Exchange Programme (DDEP) in minimizing interest payments and supporting Ghana’s debt management efforts. In addition, he outlined strategies aimed at enhancing economic resilience, which he said included reducing import dependency and improving operational efficiency. During a joint press conference between the Government of Ghana and the International Monetary...
Finance Minister, Ken Ofori-Atta has emphasized the government’s commitment to prioritize the well-being of the vulnerable segments of society. Addressing a joint press conference between the Government of Ghana and the International Monetary Fund on Thursday on the country’s $3 billion bailout package, Mr. Ofori-Atta said: “We will ensure that we protect the vulnerable.” To demonstrate this commitment, the government...
Transport operators nationwide are yet to comply with the directive issued by the road transport association, calling for a 10 percent reduction in fares. Despite the association’s statement on Monday, May 15, 2023, which instructed its members to implement the fare reduction starting from Wednesday, May 17, drivers and conductors are disregarding the directive. Citi News conducted checks at various lorry...
The Heads of Assisted Secondary Schools in the New Juaben Zone in the Eastern Region have vehemently refuted claims of a shortage of food items in Senior High Schools within the municipality. Contrary to reports circulating on traditional and social media, the Conference of Heads of Assisted Secondary Schools (CHASS) categorically debunked these allegations, asserting that there is an ample...
Gyakye Quayson is not enthused with the Supreme Court’s ruling, which nullified his election as the Member of Parliament for the Assin North constituency. However, despite his disagreement with the ruling, he stated that he will not pursue further litigation. “I am, of course, disappointed by the Court’s decision. I am especially surprised that the Court now says that foreign bureaucrats...
The Eastern Regional Police Command is currently investigating a brutal attack on students and teachers of New Juaben Senior High School in Koforidua. The attack is believed to have been carried out by suspected students of the Koforidua Senior High Technical School (SECTECH). The incident, which took place on Sunday evening, resulted in injuries to four students from New Juaben and...
Asantehene, Otumfuo Osei Tutu II, has issued a stern warning, announcing his intention to summon chiefs within the Amansie areas of the Ashanti Region for questioning. This move comes in response to the continuous destruction of lands in the region caused by the activities of illegal miners. Expressing his dismay over reports of environmental degradation caused by illegal mining in the...
Ghana has secured the long awaited $3billion financial support from the International Monetary Fund (IMF), deep throat sources have confirmed to Graphic Business. At a meeting today in Washington, the Executive Board of the IMF unanimously approved Ghana's programme over the next three years. Graphic Business sources in Washington have said finishing touches are being made to sign off the...
The Ga Traditional Council has reiterated its firm stance on the ban on drumming and noise-making in the Ga Traditional Area, emphasizing the importance of upholding their customs and traditions. In a press statement signed by the President of the Ga Traditional Council, His Royal Majesty King Tackie Teiko Tsuru II, to the Ministry of Chieftaincy and Religious Affairs, the...

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