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GC-Net Pays GH¢ 17 Million Dividend to Govt.

This year, he noted, arears of dividend from April 2016 to March 2017 due government was GH¢27 million, out of which GH¢10 million has already been paid. The cheque for GH¢17 million, he explained, was the difference due for 2016 up to March, 2017.

 

The GC-Net Executive Chairman also presented documents on recommendations of Customs, Registrar General and the Ports.

SSNIT BOARD INUAGURATED

Accra, April 6, 2017 – An eleven - member re-constituted Board of Trustees for the Social Security and National Insurance Trust (SSNIT), has been inaugurated by the Minister of Finance, Ken Ofori Atta.

 

Addressing the Board, which is the thirteenth since SSNIT was set up, Hon Ofori-Atta challenged the members to ensure that SSNIT engages in prudent investments, to ensure long term financial sustainability of the Scheme, which he noted, will ultimately restore public confidence in SSNIT.

AfDB Representative Confers with Honourable Minister for Finance

Accra, April 4, 2017 - The newly appointed Officer-in-Charge of the Ghana Field Office of the African Development Bank (AfDB), Kennedy Mbekeani has paid a courtesy call on the Minister for Finance, Hon Ken Ofori Atta.
 
The purpose of the visit was to initiate discussions on the preparation towards the development of AfDB’s new Country Strategy Paper for Ghana.
 
Mr. Mbekeani in his introductory remarks said the AfDB efforts in Ghana will focus on five strategic areas, Energy, Agriculture, IT, Regional Integration and Roads. He said the strategy is aligned with the Ghana Shared Growth Development Agenda.

Government & World Bank Meet to Review Ghana’s Portfolio Performance

Accra, April 3, 2017 - The Government of Ghana and the World Bank, have met to review Ghana’s Portfolio Performance at the World Bank Group Office, Accra.
 
The meeting was intended to appraise the status of implementation, and especially, to demonstrate results as well as develop strategies to improve the performance of the portfolio.
 
Addressing the meeting, the Hon. Deputy Minister Designate for Finance, Mr. Charles Adu-Boahen said the forum provided a unique opportunity to share government’s vision as well as solicit collective action and commitment to the realization of government’s policy initiatives.

Government’s Issuance Calendar for Second Quarter of 2017

The calendar is developed based on the Net Domestic Financing provided in the 2017 Budget and the provisional Medium Term Debt Management Strategy (MTDS) for 2017-2019. The calendar specifies the aggregate amounts to be raised by instruments in respect of Government’s Public Sector Borrowing Requirements for the period April to June, 2017.

SPANISH AMBASSADOR PAYS A COURTESY CALL ON MINISTER FOR FINANCE

Accra, March 22, 2017 – The Spanish Ambassador to Ghana, María Jesús Alonso Jiménez has paid a courtesy call on the Minister for Finance, Hon Ken Ofori-Atta. She was accompanied by Celia Perez Ibanez, Head of Economic and Commercial office of the Spanish Embassy.
 
Hon Ken Ofori-Atta while commending Spain for the many years of bilateral cooperation noted that development cooperation between the two countries was on the decline and asked them to step up their development cooperation for the mutual benefit of the two countries.

JAPANESE DELEGATION CALLS ON MINISTER FOR FINANCE

Accra, March 22, 2017 - An eight-member delegation from Japanese Embassy and JICA headquarters in Japan have paid a courtesy call on Hon Ken Ofori-Atta, Minister of Finance at his office in Accra.
 
The team, led by H.E Kaoru Yoshimura, Ambassador of Japan to Ghana, included Mr. Kazuhiko Koshikawa, Executive Senior Vice President, JICA-Tokyo and Mr. Noriaki Sadamoto, First Secretary, Japan Embassy.
 
Receiving the delegation, Hon. Minister expressed gratitude to Japan for the decades of cooperation with Ghana in various sectors of the economy.

2017 Budget Statement and Economic Policy

On the authority of the President, and in accordance with Article 179 of the 1992 Constitution, permit me to present to this august House, the maiden Budget of the President of the Republic of Ghana. 
 
I also submit before this august House the following reports:

IMF Mission Pays Courtesy Call On Hon. Minister

Accra, February 6, 2016 - An eleven-member IMF Mission, currently in the country has paid a courtesy call on the Minister for Finance, Hon. Ken Ofori-Atta today.
 
The IMF Team was led by Joel Toujas-Bernate and Natalia Koliadina, the IMF Resident Representative in Ghana.
 
In his address, the Mission Chief, Mr. Joel Toujas-Bernate stated that the main objective of the Mission was to engage with the new government on their policies and programmes, take stock of the latest developments and apprise government on how the IMF program implementation has gone so far.

Government’s Issuance Calendar for January To March 2017

The calendar was developed based on the 2017 first quarter appropriation, the monthly Fiscal forecast and the provisional Medium Term Debt Management Strategy (MTDS) for 2017-2019. The calendar specifies the aggregate amounts to be raised by instruments in respect of Government’s Public Sector Borrowing Requirements for the period January to March 2017.

The Calendar also takes into consideration Government’s debt refinancing/restructuring strategy, market developments (both domestic and international) and the Debt Management objective of lengthening the maturity profile by reducing short-term …

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