Parliament will convene later today, Monday, December 20, 2021, to consider the revenue mobilisation measures central to the operation of the 2022 budget.
The Bank of Ghana (BoG) has in a statement said the Economic and Organised Crime Office (EOCO) after investigations into specific cases of suspected financial crimes, has advised the Attorney General to prosecute the shareholders, directors or management of the defunct Savings and Loans Companies, Finance Houses, and Microfinance Institutions.
The Minister for Energy, Dr. Matthew Opoku-Prempeh, has made a strong argument for the country to start developing its capacity to explore and produce oil as international companies are withdrawing from oil-producing countries in Africa.
The Government of Ghana has prioritized revamping the Metro Mass Transit Limited (MMTL) with the acquisition of new buses in its 2022 Budget Statement and Economic Policy.
The Deputy Minister of Lands and Natural Resources responsible for mining, George Mireku Duker has said that plans are far advanced to establish an audit scheme next year for the mining sector.
The Speaker of Parliament, Alban Bagbin has directed the Finance Minister, Ken Ofori-Atta, to present a revised version of the 2022 budget to Parliament.
The month of November 2021 recorded the highest rate of inflation of 12.2% since the rebasing of the Consumer Price Index was done in 2019, the Ghana Statistical Service has indicated.
With the Covid-19 pandemic raging on, the Bank of Ghana says banks in Ghana face heightened credit risk as depicted in rising non-performing loan ratios and this is of great concern to banks, supervisors, and macroeconomic policy makers.
