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Press Release

Ghana targets 5 million passengers yearly with AfDB-funded international airport expansion project

Project to boost regional integration, says Adesina
Accra, Ghana, August 4, 2017 – The construction of a new terminal at Ghana’s flagship airport – Kotoka International Airport – is expected to make the country a destination of choice with a yearly target of 5 million passengers.

The project, funded by the African Development Bank (AfDB) with a $120-million facility, will improve air transport in the country. It is also expected to contribute towards boosting the country’s economy, reduce the cost of doing business, and improve competitiveness.

Transformation of cocoa production, rural economy, energy in focus, as Adesina visits Ghana

Ghanaian government pledges support for AfDB’s High 5s
Accra, Ghana, 2 August 2017 – The President of the African Development Bank (AfDB), Akinwumi Adesina, is championing the transformation of the rural economies of African countries as the fastest way to lift millions of people out of poverty.
 
The President, who is on a three-day visit to Ghana, August 1-4, spoke at a welcome dinner hosted by Ghana’s Minister of Finance. The dinner was attended by the Vice-President of Ghana, Mahamudu Bawumia, Governor of the Central Bank of Ghana, and key government functionaries.

African Development Bank President to Pay Official Visit to Ghana

The President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina is scheduled to pay a working visit to Ghana, from 1st to 3rd August, 2017. He will be accompanied by Ghana’s Executive Director at the Bank and Senior Advisors.
 
2.         The visit will afford the AfDB President the opportunity to discuss the government development agenda and priority programmes, and ascertain the impact of the African Development Bank Group’s interventions in the country.

Ensure Real Time Monitoring – Hon. Kwaku Kwarteng

Hon. Kwaku Kwarteng (MP), a Deputy Minister of Finance has tasked the Board of the National Lottery Authority (NLA) to ensure real time monitoring of stakes at shut down to determine those who have won stakes in real time.
 
He said the situation where the State cannot validate claims of wins is a fatal weakness in the operations of the NLA. Government, he noted, will give all its support to ensure that real time monitoring of wins is realized.

Press Release Re: Statement On Ghana’s IMF Programme

Accra – The government will like to reiterate and clarify the president's statements at the first “Meet the Press” held on 18th July, 2018 where he mentioned that Ghana wouldn’t enter a new deal with the IMF beyond the current programme. In response to a question, the President stated that “There’s no question of the IMF programme being extended. It is coming to an end next year with the budget that we are going to prepare”. This statement has unfortunately been misrepresented by some sections of the media.

Austrian Ambassador Pays Courtesy Call on Minister for Finance

Accra, July 11, 2017 - The Austrian Ambassador to Ghana, H.E. Werner Senfter has paid a courtesy call on the Minister for Finance, Ken Ofori-Atta at his office.

2.         Receiving him, Hon. Ofori-Atta expressed gratitude on behalf of Ghana for the decades of friendship that had existed between the two countries, as well as the immense support given by Austria, especially in the areas of Education, Roads, Interior and Water and Sanitation.

GOVERNMENT APPOINTS FIDELITY BANK AND STANDARD CHARTERED BANK AS LEAD MANAGERS FOR THE ISSUANCE OF AN ESLA BACKED LONG-TERM BOND TO RESOLVE THE ENERGY SECTOR SOE LEGACY DEBTS

Thursday 15th June, 2017. After evaluating ten (10) proposals received in response to our Request for Proposals for Transaction Advisors for an Energy Sector Levy Act (ESLA) backed Bond, the Ministry of Finance is pleased to announce the selection of Fidelity Bank and Standard Chartered Bank led consortia as Joint Lead Managers (JLMs). 

The Joint Lead Managers are expected to work closely with members of their respective syndicates/consortia and any other local banks/ financial institutions as Co-managers with the view to building capacity locally and facilitating knowledge transfer.

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