October 11, 2016. The Government of Ghana and the Kuwait Fund for Arab Economic Development have signed a concessional loan agreement of Kuwaiti Dinar 7.0 million (US$24.0 million) for the Expansion and Development of 26 existing Senior High Schools Project. The agreement was signed today on the side lines of the annual IMF World Bank Group meetings currently on-going in Washington DC.
2. The Loan Agreement was signed on behalf of the Government of the Republic of Ghana by the Minister for Finance, Hon. Seth E. Terkper while the Deputy Director-General of the Fund, Mr. Hesham Al-Waqayan, signed on behalf of the Kuwait Fund for Arab Economic Development.
Oct. 10, 2016 Mr. Patrick Nomo, has been appointed the Acting Chief Director of the Ministry of Finance. Prior to this appointment, Mr. Nomo was the Director of Budget at the Ministry. He takes over from Major (Rtd.) Mahama Samuel Tara. Major (Rtd.) Tara has been appointed a Technical Advisor to the Minister of Finance.
2. Mr. Sampson Asare Fianko, Deputy Controller and Accountant General in charge of Finance and Administration has been appointed as the Acting Director of Budget at the Ministry.
3. Mr. Nomo has over thirty years’ experience in financial management and institutional capacity development. He was the first Director-General of the Internal Audit Agency of Ghana, from 2005-2010. He has worked in various positions at the Controller and Accountant General’s Department, the Ministry of Health and the Meteorological Services Agency.