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Forner President John Dramani Mahama has said the government’s decision to commence talks with the International Monetary Fund (IMF) for a bailout should mark an important step in addressing the country’s economic crisis. He says beyond the engagements, “a comprehensive home-grown programme should be fashioned out and presented to the Fund for support.” In a Facebook post today, Saturday, July ...

The Minister for Finance, Ken Ofori-Atta, is programmed to present the mid-year budget review to Parliament on 13th July 2022. According to the Majority Leader, it is possible that the Minister will table a request for the approval of supplementary estimates. The presentation will come as Ghana prepares to head back to the International Monetary Fund for a bailout. Indications ...

President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for an economic support. A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1st, 2022 indicated that there had already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo. conveying the government’s decision to engage ...

The Trades Union Congress (TUC) has asked the government not to go to the International Monetary Fund (IMF) for support. Secretary-General of the TUC, Dr Yaw Baah said the IMF is not the solution to the challenges facing the country. He told TV3’s Daniel Opoku in an interview on Wednesday, June 29 that Ghana has been to the Bretton Woods institution sixteen ...

The Bank of Ghana (BoG) has said it is strengthening its fraud monitoring activities and enforcement of required internal controls and risk governance within banks, SDIs, EMIs and other regulated entities. As part of the measures, the Central bank has issued a notice to the public, banks and other regulated entities on the usage of the Ghana Card as the ...

The Chairman of Parliament’s Finance Committee, Kwaku Kwarteng, says should the government assess that the e-levy is not a helpful policy, it will be withdrawn. His comment comes on the back of a tweet by a leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, which said the e-levy is not living up to government expectations. He disclosed that ...

MindFreedom Ghana, a leading Mental Health advocacy organization in the country has received plaudits for its role in pushing for the recognition of the human rights of persons with psychosocial disabilities in the 4th Cycle Universal Peer Review (UPR) process. Lawyer Esther Akua Gyamfi, Executive Secretary, National Council on Persons with Disabilities, commended the organization during a validation workshop in ...

The US Senate has passed a gun control bill – the most significant firearms legislation in nearly 30 years. It imposes tougher checks on young buyers and encourages states to remove guns from people considered a threat. In a rare bipartisan breakthrough on gun control measures, 15 Republicans joined Democrats in the Senate to approve the bill. It still needs ...

Over the past two years, there has been “an unprecedented increase in all forms of gender-based violence,” the UN Deputy Secretary-General told a high-level meeting in Kigali, on Thursday, citing the COVID-19 pandemic as a major contributor. “Nearly one in two women reported that they, or a woman they know, experienced some form of violence,” Amina Mohammed said at the Commonwealth ...

Majority of Ghanaians are said to have changed their behavior towards the electronic transfer of funds since the E-Levy kicked in back in May this year. According to a study, 83% of the populace felt compelled to do so in order to adjust to the limits introduced by the said levy as far as their livelihoods are concerned. These were ...