Author: newsfilegh

Next year will see the coming into existence of a new bank, National Development Bank (NDB), the Minister of Finance has revealed. Ken Ofori-Atta says already feasibility study for the establishment of the bank, specifying its rationale, mandate, business model, legal and regulatory framework, ownership, governance and sustainability has been been completed. He made this known in Parliament on Wednesday, November 13 when he delivered the 2020 economic statement and financial policy of government. He said $250 million has been secured from the World Bank for the start of operations of NDB in 2020. “The National Development Bank as envisioned…

Ken Ofori-Atta[/caption] Finance Minister, Ken Ofori-Atta has touted the achievements of the Akufo-Addo-led government barely three years in office, asserting that it has been able to deliver on its flagship programmes. Assessing the 2019 for instance, the minister described the year as a “very good year” for Ghana, this he emphasized is “in substance”. Ken Ofori-Atta was delivering the government’s budget and financial statement for the year 2020 in Parliament on Wednesday, November 13, 2019. He attributed the achievements by the government for 2019 to hard work. “A year one can confidently say God’s blessing of hard work is beginning…

Finance Minister, Ken Ofori-Atta has touted the achievements of the Akufo-Addo-led government barely three years in office, asserting that it has been able to deliver on its flagship programmes. Assessing the 2019 for instance, the minister described the year as a “very good year” for Ghana, this he emphasized is “in substance”. Ken Ofori-Atta was delivering the government’s budget and financial statement for the year 2020 in Parliament on Wednesday, November 13, 2019. He attributed the achievements by the government for 2019 to hard work. “A year one can confidently say God’s blessing of hard work is beginning to manifest,”…

Ghana’s economy has grown by the double since 2017 when Nana Addo Dankwa Akufo-Addo became president, the Minister of Finance has said. He said economic growth rebounded strongly from 3.4% in 2016 to an average of 7% under the Akufo-Addo-led government while year-on-year inflation has fallen from 15.4% in December, 2016 to 7.6%. This inflation rate, according to Mr Ofori-Atta, is the lowest in 27 years. He made this known on Wednesday while delivering the 2020 budget statement and economic policy of government in Parliament. It is in fulfilment of Article 179 of the constitution and Section 21(3) of the…

Our Lady of Fatima School, a privately owned basic school at Kpong, in the Lower Manya Krobo municipality of the Eastern Region has been temporarily closed down by school management to avoid pupils from getting infected with the H3N2 flu. School Authorities sent messages to parents and guardians whose wards are in the boarding house on Tuesday November 12, 2019 to pick up pupils from school. The message stated: “In view of the viral spread of the H3N2 (Flu) within the school catchment area, where few neighbouring schools have been affected, the school breaks as a precautionary measure for two…

Our Lady of Fatima School, a privately owned basic school at Kpong, in the Lower Manya Krobo municipality of the Eastern Region has been temporarily closed down by school management to avoid pupils from getting infected with the H3N2 flu. School Authorities sent messages to parents and guardians whose wards are in the boarding house on Tuesday November 12, 2019 to pick up pupils from school. The message stated: “In view of the viral spread of the H3N2 (Flu) within the school catchment area, where few neighbouring schools have been affected, the school breaks as a precautionary measure for two…

Members of the Judicial Service Staff Association of Ghana (JUSAG) have deserted some court premises following a strike to press home demands for a review in their salaries. Read:JUSAG embarks on indefinite strike As at 8:30am when 3news’ Esi Benewa Otoo visited the Accra Circuit Court, staff members had not reported to work and there was a notice directing all staff to lay down tools and not to work until further notice. The main doors to the court room were locked with lawyers standing outside. Persons whose cases were scheduled to be heard today, November 13 have been locked out…

Hajia Alima Mahama[/caption] Hajia Alima Mahama, the Minister for Local Government and Rural Development, has expressed surprise at the sudden shift of position by the National Democratic Congress (NDC), regarding the upcoming referendum on political parties participation in the district level election. The NDC has suddenly, publicly declared that it would be campaigning to get the people to vote no in the December 17 referendum. The Minister said this was something she found shocking, considering the fact that, the party had agreed by consensus in parliament that article 55 (3) should be amended to allow the election of Metropolitan and…

Mr Ofori-Atta is Ghana’s Finance Minister[/caption] Government has allocated an amount of GH¢45 million for the preparatory activities of the 2020 Population and Housing Census, Finance Minister, Ken Ofori-Atta, has said. Government has also invested $1 million in the Trial Census ahead of the main Census in 2020. Mr Ofori-Atta said the support forms part of the government’s commitment to resourcing the Ghana Statistical Service (GSS) to enable the Service to produce official statistics for development plans. The Minister announced this on Tuesday to mark this year’s African Statistics Day in Accra. The event was held under the theme: “…

French President Emmanuel Macron has pledged military support to the Democratic Republic of Congo to fight armed groups in the country’s eastern region, news agency AFP reports. “France is fully engaged at the side of DRC to fight armed groups which are destabilising the country”, some of which are linked to the Islamic State group, Mr Macron is quoted as telling DR Congo President Félix Tshisekedi during a meeting in Paris. The French president said the support would take on a “military dimension” and involve “intelligence” but did not give details. Mr Tshisekedi is among 30 heads of state and…