Tag Archives: Eurobond

Parliament approves government’s $2.5 bn Eurobond

Parliament has approved government’s 2.5 billion dollar Eurobond to finance major government infrastructure. The proceeds of the bond are expected to finance the provision of capital expenditure captured in this year’s (2018) budget for sectors such as the health, roads & highways and railway. The Finance Minister, Ken Ofori Atta in the 2018 budget presentation stated that the government will ...

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Minority pushes for Ofori-Atta’s dismissal over $2.25bn bond

The Minority in Parliament has called on President Akufo-Addo to sack Finance Minister, Ken Ofori-Atta for breaching aspects of the law in the issuance of the $2.25 billion bond in 2017. They have also suggested that the Finance Minister alternatively resigns over the matter. The caucus, at a news conference addressed by their leader, Haruna Iddrisu, threatened to initiate processes ...

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‘Minority ignorant about $2.2bn bond; they must read’ – Bawumia

The Vice President, Dr. Mahammudu Bawumia, has expressed shock at what he calls the ignorance of the Minority in Parliament over their allegations on the recent $2.2bn bond issued by the government. According to him, the Minority’s position on the matter clearly shows that they are uninformed. The Minority in Parliament have accused the government of setting the terms of ...

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