Prime News Ghana

Today's Ghana Business, Banking and Economic news

Airport tax shortfall pushes sector to the brink

The shortfall in actual airport taxes realised for the first half of the year has eroded government revenue, pushing the Ghana Airports Company and other agencies that draw funding from airport tax receipts to the brink.

Mid-year budget not the place to account for CAP funds- Assibey-Yeboah

The mid-year budget review expected to be delivered by the Finance Minister on Thursday to the legislature does not present an opportunity to account for the Coronavirus Alleviation Programme (CAP) funds, chairman of Parliament’s Finance Committee, Dr. Mark Assibey-Yeboah, has said.

Ofori-Atta to signal path to recovery

Finance Minister Ken Ofori-Atta will tomorrow deliver the 2020 mid-year budget review, which will unveil the government’s most detailed economic response yet to the COVID-19 pandemic.

Ofori Atta must come clean on fiscal numbers - Seth Terkper

A former Finance Minister in the Mahama-led administration, Seth Terkper, is urging Ken Ofori-Atta, the current Minister of Finance, to use the upcoming mid-year budget review to disclose some “hidden” expenditure driving up the country’s budget deficit.

Ghana’s electricity export hits two-decade high

Ghana’s electricity export in 2019 reached the highest level in two decades, with 1,430 Gigawatt hours (GWh), representing 7.9 percent of total electricity generation, exported to neighbouring countries, the Energy Commission’s National Energy Statistics report has revealed.