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Govt to realize $750m from $3bn Chinese loan facility this year

business.myjoyonline.com
[Myjoyonline.com] - This was contained in a letter signed by the Minister of Finance Dr. Kwabena and Central Bank Governor, Kwesi Amissah-Arthur to the IMF Managing Director, Christine Lagarde last month. The letter to the Fund, forms part of requirements for some 581

Private sector to be pinched

business.myjoyonline.com
[Myjoyonline.com] Dr. Joe Abbey of the Centre for Policy Analysis (CEPA) has warned. Last week, the finance ministry raised this year's deficit target from 4.8% of GDP to 6.7% in a supplementary budget presented by the Minister, Dr. Kwabena Duffuor, to Parliament in

Government ramps up subsidies

business.myjoyonline.com
[Myjoyonline.com] - These unbudgeted subsidies, together with top-ups on the public wage bill, extra debt-service outlays and commitments carried over from 2011, will require additional spending of GH¢2.6billion in by the government, Finance Minister Dr. Kwabena

Finance Ministry withdraws supplementary budget over errors

business.myjoyonline.com
[Myjoyonline.com] - The Minority of Parliament has revealed that attempts are being made to withdraw some estimates contained in the supplementary budget submitted to Parliament on Wednesday by the Finance Minister, Dr. Kwabena Duffuor. The Minority spokesperson on
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