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Press Release

ASPERSIONS ON THE US$2.25 BILLION OF DOMESTIC CEDI DENOMINATED BONDS ISSUED BY THE GOVERNMENT OF GHANA

April 20, 2017  The attention of the Ministry of Finance has been drawn to a statement issued by the Minority in Parliament which seeks to cast negative aspersions on the 9.7 billion cedis (USD2.25 BILLION) domestic bond issue of the Government of Ghana.
 
2.         The Ministry considers the statement as unfortunate especially as it was fronted by Hon Cassiel Ato Forson, a former Deputy Finance Minister, who knows very well the workings and processes for the issue of domestic bonds and as such, should not be making such baseless allegations. As such, the Ministry has no choice but to surmise that these allegations are maliciously designed to malign and negate the positive news and rave reviews this landmark transaction has garnered, both locally and internationally.

HON. KEN OFORI-ATTA LEADS GOVERNMENT DELEGATION TO THE 2017 IMF/WORLD BANK SPRING MEETINGS IN WASHINGTON DC, USA

April 19, 2017    The Chairman of the Economic Management Team, Vice President Dr. Mahamudu Bawumia, and the Finance Minister Ken Ofori-Atta are leading a Government delegation to the IMF/World Bank Spring Meetings to be held in Washington DC, from April 18 – 28, 2017.
 
2.         The delegation is made up of officials from the Bank of Ghana, led by the Governor, Dr. Ernest Kwamina Yedu Addison; the Chairman of the Finance Committee in Parliament, Dr. Mark Assibey Yeboah (MP); and officials from the Finance Ministry.

GHANA AND CZECH REPUBLIC SIGN DOUBLE TAXATION AGREEMENT

Accra, April 11, 2017 - Ghana and the Czech Republic have signed a Double Taxation Agreement. The Minister for Finance, Ken Ofori Atta, and the Czech Ambassador to Ghana, Margita Fuschova, respectively signed on behalf of both countries. 

 

2.       This agreement was signed after the two countries concluded negotiations for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income.

Stakeholder Workshop on Beneficiary Ownership Disclosure Held

The Deputy Minister designate for the Ministry of Finance, Hon. Abena Osei Asare (MP) has reiterated governments commitment to fight corruption. She noted that opaque company structures are being used to launder significant sums of money, that could be used to improve the lives of people which such ill-gotten gains were meant to serve. She made the remarks on behalf of the Minister of Finance, Ken Ofori Atta, at a “Stakeholder workshop to establish a framework for the implementation of Beneficial Ownership Disclosure Provisions in the amended Companies Act” in Accra.

Dr. Nashiru Issahaku Resigns as Governor of the Bank of Ghana

Accra, Thursday March 30, 2017 - Dr. Abdul-Nashiru Issahaku has announced his resignation as the Governor of Bank of Ghana for personal reasons with effect from April 1, 2017. Dr. Abdul-Nashiru Issahaku joined the Bank of Ghana as 2nd Deputy Governor in July 2013 and became Governor on April 1, 2016. The Government of Ghana takes this opportunity to thank him for his service to the country.

SCHEDULE FOR BIOMETRIC REGISTRATION EXERCISE MOE / GES NEWLY TRAINED TEACHERS 22ND MARCH – 3RD APRIL, 2017

March 20, 2017  The Ministry of Finance and the Controller and Accountant General’s Department wishes to announce that biometric registration of newly employed and approved government workers, particularly newly trained teachers, will take place from March 22 – 3rd April 2017.
 
2.         The exercise will take place in all ten regional capitals per the schedule below.

Hon. Ken Ofori-Atta to Deliver the 2017 Budget Statement and Economic Policy On Thursday, 2nd March, 2017

The Minister for Finance, Hon. Ken Ofori-Atta, will on behalf of His Excellency the President, present the 2017 Budget Statement and Economic Policy to Parliament on Thursday, 2nd March, 2017 at 11am.
 
The 2017 Budget is expected to focus on stimulating growth and job creation through private sector development. It will aim at getting Ghana working again.
 
The Budget will include measures to restore fiscal discipline and good economic governance, transparent and accountable use of public resources in accordance with the new Public Financial management law and to provide a credible basis for economic policy clarity going forward.

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