The Minister of Finance has hinted of the new government’s commitment, to develop better relationship with the Chinese, which is aimed at developing a robust economy.
Ghana risks being sanctioned by the International Monetary Fund (IMF) for failing to disclose full financial data to the fund at the time it signed onto the three-year Extended Credit Facility (ECF), the Majority in Parliament has said, pointing to the GHS7 billion that it claimed had not been accounted for.
The Minister of Trade and Industry-designate, Alan John Kwadwo Kyerematen, has hinted of the establishment of an Industrial Development Fund aimed at facilitating access to medium and long term capital for the private sector.
The flag bearer of the Progressive People’s Party (PPP) Dr. Papa Kwesi Nduom has condemned the current and previous governments for resorting to the Bretton Woods institutions to cushion the economy.
The Minister of Finance, Seth Terkper, has admitted the undue taxation of Ghanaians when the government could have ensured that State Owned Enterprises and development projects were well managed to be able to pay for loans taken.