17
Wed, Jul

The Ministry of Finance (MoF) has granted letters of commencement to Ghana’s three development authorities to begin full implementation of the New Patriotic Party government’s $1 million per constituency pledge under the Infrastructure for Poverty Eradication Programme (IPEP) for the fiscal year 2020.

The chief executive of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has announced that all cocoa produced in Ghana and Côte d’Ivoire will be sold at a minimum $2,600 per tonne free on board (FOB) ‒ the equivalent of $2,700 cost insurance freight (CIF) ‒ from the 2020/21 season onwards.

Ghana’s farmers received a boost in April this year with the launch of the Planting for Export for Rural Development (PERD) programme. An extension of the highly successful Planting for Food and Jobs, PERD is aiming to broaden the country’s agricultural base and make deeper inroads for the government’s rural development agenda.

A high court in Accra has saved uniBank by the bell, preventing the government temporarily from clawing back monies which it believes belong to the state by law.

The Minister for Finance, Ken Ofori-Atta, is expected to present the 2019 mid-year review and supplementary Budget to Parliament on Wednesday July 17.

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