Kofi Ahovi

  The National Democratic Congress (NDC) has made changes in the party's leadership in Parliament. Dr Cassiel Ato Forson is now the Minority Leader, replacing Haruna Iddrisu. The party informed the Speaker of Parliament in a letter dated January 23, 2023, signed by the General Secretary, Fifi Kwetey. Emmanuel Armah Kofi Buah also replaces James Avedzi as the Deputy Minority Leader. Kwame Agbodza is now the Minority Whip with Ahmed Ibrahim as first Deputy Whip and Comfort Doyo Ghansah as Second Deputy Whip.     more to follow...

The Bank of Ghana has dismissed claims by the Minority in Parliament that it has printed money to the tune of ¢22.04 billion to finance government’s budget. In a statement to set the records straight, the Central Bank said the amount of ¢22.04 billion represents net claims on government, and not new currency printed to support the Government’s budget. The Minority Ranking Member on the Finance Committee in Parliament, Cassiel Ato Forson yesterday, July 25, 2022, alleged that the Bank of Ghana has printed an amount of ¢22.04 billion to finance government’s budget without parliamentary approval. His assertion was in response to the 2022 Mid-Year Fiscal Policy Review which was presented to Parliament by the Minister for Finance, Ken Ofori-Atta. The Central Bank explained that “in Appendix 2A of the Mid-Year Fiscal Policy Review document, under financing, out of the total financing of ¢28.12 billion, an amount of ¢22.04 billion was captured under BoG. This is the amount being referred to b...