Ken Ofori-Atta - Minister Patrick Nomo - Chief Director Sampson Fianko - Ag. Director of Budget Azu Sam-Aziakor - Director, General Administration MoF Main Building
Inflation
December  2016
15.40%
GOVERNMENT PARTNERS BANKS IN RESOLVING ENERGY SECTOR LEGACY DEBTS BY MINISTRY OF FINANCE

MoF shall establish, fund and maintain for as long as the New Facilities or any part thereof is outstanding the following Debt Service Reserve Accounts (“DSRAs”) to a required balance equivalent to at least two (2) instalments of Estimated Total Quarterly Amount to be maintained at the BoG:

•US Dollar DSRA denominated and funded in US Dollars

•Ghana Cedi DSRA denominated and funded in Ghana Cedis ...

Government’s Revised Issuance Calendar for August To December 2016

We make reference to our publication, informing you of Government’s aggregate borrowing amount for the third quarter of 2016 of GHȼ16,830.00 million out of which forecast maturities was GHȼ14,910.61 million and net issuance of GHȼ1,919.39 million.  
 
As you may be aware, the Government revised its fiscal projections for 2016 in the mid-year review. Accordingly, this necessitated the revision of the issuance calendar to ensure consistency with Government cash flow forecast and market conditions.
 
Based on the above, a new issuance calendar for August to December 2016 was developed in line with the MTDS that specifies the aggregate amounts to be raised by instruments in the period. The Table 1 below provides a summary of the revised gross borrowing requirement for the period August to December, 2016...

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