The Governor of the Bank of Ghana, Dr. Ernest Addison says the issuance of the 2.25 billion dollars by the ministry of finance in April was necessary to restructure Ghana’s debt.
So often than not, the economic fate of nations are determined by few factors: exchange commodity, its population, visitors to its tourist sites, among others.
The Minority caucus in Parliament led by Haruna Iddrisu has petitioned the Security and Exchange Commission of the United States over the controversial issuance of US$2.25 billion bond by the Finance ministry in April.
The rift between the Bulk Oil Storage and Transport (BOST) and Tanker Owners Association of Ghana, is gradually turning into a national security threat, as the transporters have vowed to ground all their 3,500 bulk road vehicles (BRV’s) if their grievances are not addressed.
It was yet another opportunity to reiterate the commitment of the President Akufo-Addo led administration to rebuilding the economy to make it more business friendly.
The Social Security and National Insurance Trust, SSNIT has withdrawn a lawsuit brought against Engineers and Planners and its Chief Executive, Ibrahim Mahama for non-payment of social security contribution.