FULL GHANA 2019 AUDIO TEXT BUDGET: Ken Ofori-Atta presents 2019 Budget Statement and Economic Policy of Ghana Government

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-i92_cG5NthM/W-4-ZUn5B1I/AAAAAAAAVzw/Awl6qumbOlM1xwDyyMTPL2OIjbPAUJcVACLcBGAs/s1600/Ken-ofori-atta2.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="449" data-original-width="720" height="398" src="https://2.bp.blogspot.com/-i92_cG5NthM/W-4-ZUn5B1I/AAAAAAAAVzw/Awl6qumbOlM1xwDyyMTPL2OIjbPAUJcVACLcBGAs/s640/Ken-ofori-atta2.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Kenneth Nana Yaw Kuntunkununku Ofori-Atta, known as Ken Ofori-Attah is a Ghanaian economist and an investment banker and co-founder of Databank in Ghana. He currently serves as Minister of Finance. He was appointed by President Nana Akufo-Addo on 10 January 2017.</td></tr> </tbody></table> <h3> Finance Minister Ken Ofori-Atta presented the 2019 Budget statement to the Parliament house under the theme - “A Stronger Economy, for Jobs and Prosperity”</h3> 1. Right Honourable Speaker, Honourable Members of Parliament, today the fifteenth day of November 2018, on the authority of the President of the Republic of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo, I beg to move that this august House approves the Financial Policy of the Government of the Republic of Ghana for the year ending 31st December, 2019.<br /> <br /> 2. Mr. Speaker the  authority of His Excellency the President, and in keeping with the requirement under Article 179 of the 1992 Constitution of the Republic of Ghana, may I respectfully present the Budget Statement and Economic Policies of Government for 2019 to this Honourable House.<br /> <br /> 3. Mr. Speaker, this statement is an abridged version of the 2019 Budget Statement. I would like to request the Hansard Department to capture the entire Budget Statement and Economic Policy.<br /> <br /> 4. I also submit before this august House, the 2018 Annual Report on the Petroleum Funds, in accordance with Section 48 of the Petroleum Revenue Management Act, 2011 (Act 815), as amended.<br /> <br /> 5.   Mr. Speaker, the theme of this year’s budget is “A Stronger Economy, for Jobs and Prosperity”. The budget represents the third of four budget statements of the government.<br /> <br /> It, therefore, offers us an opportunity to take a mid-term review of the performance of the Government in managing the economy and how we intend to accelerate the programme of growing the economy, protecting the vulnerable, and creating jobs and prosperity for the Ghanaian people over the next financial year.<br /> <br /> <br /> 6. I do not take lightly the significance of this moment and opportunity we are granted annually to determine how the precious assets of Ghana – our people, our land, our natural resources and our treasury should be stewarded for national growth and human development.<br /> <br /> 7. Despite the challenges, we approach this process with genuine humility and gratitude to a great God.<br /> <br /> We recognize that while current resources are insufficient to meet every need and every demand of every Ghanaian, there are no limitations on our collective potential, our will and our hope that the sacrifices we make and the seeds we sow today will achieve sustainable results putting Ghana on an irreversible path of enviable empowerment.<br /> <br /> 8. With all the humility I can muster, Mr. Speaker, permit me to say that I am proud to say that the Akufo-Addo government is delivering on this four-year resounding mandate that the people of Ghana has given us.<br /> <br /> This is evident in the impressive strides the nation has made in the past 22 months.<br /> <br /> 9. Mr. Speaker, on behalf of the President, I wish to thank you all, the citizens of this country, for your patience, perseverance, sacrifices, activism and partnership that you have extended to this government.<br /> <br /> So far-reaching and non-partisan has these national sacrifices been, that even now, some members of the Minority in Parliament have decided to lead the campaign for cleaner environment by dumping their gas- guzzling Toyota Land cruisers to ride bicycles to work.<br /> <br /> For example, a former Deputy Minister for Power, during the unforgiving ‘Dumsor’ era under President John Dramani Mahama, was seen two evenings ago riding his bicycle to a luxury furniture shop on the Spintex Road.<br /> <br /> 10. Yes, Mr. Speaker, we have, in the last two budget years,<br /> taken some tough decisions to get the country out of some very rough seas. We are not proud of the fact that there is still hardship in the country.<br /> <br /> But we are comforted by the fact that we have managed to ease the impact of the hardships that the Ghanaian people had been resigned to prior to December 7, 2016.<br /> <br /> We are not there yet. We still have a long way to go in fulfilling the manifest destiny of this blessed land. Indeed, we are being repaid for “the years the locusts have eaten”.<br /> <br /> 11. So, Mr. Speaker, what is, however, clear is that the nation is moving forward under this government and moving forward in the right direction.<br /> <br /> 12.We are now on course to exit the IMF programme by the end of this year. It has been a collective effort by all of us – Government, for exercising the kind of macro-economic competence and discipline that was evidently lacking in the past; and, the people for their patience, understanding, and keeping faith with their government.<br /> <br /> The programme may have had its critics because of the constraints it imposed. But it was a necessary pill because by 2014, the government then had lost its fiscal discipline and had very little choice but to seek the bailout.<br /> <br /> We are grateful to the IMF and are determined to maintain a combination of economic discipline and vibrancy that will ensure that we will not have to be rescued in that manner in the future.<br /> <br /> 13. Mr. Speaker, the philosophy of this government has not been to throw our hands in the air and offer excuses.<br /> <br /> The President, of course, set the standard in his first State of the Nation address. He said: “I was not elected by the overwhelming majority of the Ghanaian people to complain. I was elected to get things done. I was elected to fix what is broken and my government and I are determined to do just that.”<br /> <br /> 14.   Mr. Speaker, it is important to remember what it was in order to appreciate the work that has been done to fix the mess:<br /> <br /> Declining economic growth that fell from 14 percent 2011 to 3.7 percent in 2016;<br /> <br /> ● Declining growth in agriculture and negative growth in industry;<br /> <br /> ● Rising unemployment that resulted in the formation of the Unemployed Graduates Association;<br /> <br /> ● High Fiscal Deficits reaching 9.3 percent of GDP in 2016;<br /> <br /> ● Fast rising Public Debts which pushed the debt-to-GDP ratio to 73.1 percent at the end of 2016;<br /> <br /> ● Fast-falling Cedi, affecting even the meagre profits that street hawkers struggle to make;<br /> <br /> ● High interest rates killing businesses;<br /> <br /> ● Effective return to “Cash and Carry” under NHIS as a result of Government arrears<br /> <br /> ● Weak Banking System and unstable financial system;<br /> <br />   <br /> <h4> Read and listen to the full presentation by Ken Ofori-Atta:</h4> <audio autoplay="1" controls="1" height="45" id="mp3_newsaudio" width="100%"> <source src="https://ofmtv.com/wp-content/uploads/2018/11/ken-ofori-atta.mp3" type="audio/mpeg"></source> Your browser does not support HTML5 Audio on OFMTV.COM </audio> <br /> <h4> <a href="https://ofmtv.com/wp-content/uploads/2018/11/ghana_budget.pdf" rel="noopener" target="_blank">CLICK HERE TO READ FULL GHANA 2019 TEXT BUDGET: Ken Ofori-Atta presents 2019 Budget Statement and Economic Policy of Ghana Government</a></h4>   <br /> <strong>Source: <a href="http://ghanasky.com/" target="_blank">GhanaSky.com - The sky is our limit</a> </strong>

Electoral Commission of Ghana Ken Ofori-Attah Kenneth Nana Yaw Kuntunkununku Ofori-Atta National Democratic Congress (NDC) National Democratic Party (NDP) NDC New Patriotic Party (NPP) NPP Politics FULL GHANA 2019 AUDIO TEXT BUDGET: Ken Ofori-Atta presents 2019 Budget Statement and Economic Policy of Ghana Government

Kenneth Nana Yaw Kuntunkununku Ofori-Atta, known as Ken Ofori-Attah is a Ghanaian economist and an investment banker and co-founder of Dat...

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Collapse of seven banks cost government GH¢9.9bn – Ofori Atta

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-tpQL_ex4uXM/W-4UWo4smyI/AAAAAAAAVzk/N4ldWOoaZ7ElwiK-2ehjRjj3JDm6UA9vQCLcBGAs/s1600/Ken-Ofori-Atta.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="571" data-original-width="800" height="456" src="https://1.bp.blogspot.com/-tpQL_ex4uXM/W-4UWo4smyI/AAAAAAAAVzk/N4ldWOoaZ7ElwiK-2ehjRjj3JDm6UA9vQCLcBGAs/s640/Ken-Ofori-Atta.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Finance Minister, Ken Ofori-Atta reading the budget statement to the House</td></tr> </tbody></table> The Finance Minister, Ken Ofori Atta, has revealed that the collapse of seven banks – unibank, Beige Bank, Sovereign Bank, Construction Bank, Royal Bank, Capital Bank, UT Bank – has cost the government an amount of GH¢9.9 billion.<br /> <br /> According to him, through government’s intervention in August this year, deposits of some GH¢11.0 billion have been saved as well as some 2,661 jobs in addition to several hundred saved in 2017 from the insolvent 2 banks that were closed in 2017.<br /> <br /> The Finance Minister made the comments Thursday when he delivered the 2019 Budget statement to Parliament.<br /> <br /> “Mr. Speaker, since the assumption of office by the current administration of the Bank of Ghana, bold measures have been taken to restore the health and resilience of the banking sector and to clamp down on unlicensed deposit-taking financial houses. In addition to the two insolvent banks that were closed last year by the Bank of Ghana, five more were closed in August this year for insolvency and other infractions of the law.<br /> <br /> “Rescuing the situation regarding these seven banks has, so far, cost some GH¢9.9 billion in monies that Government had not budgeted for and could have surely been put in good use to fix our numerous infrastructural needs, such as housing, roads, bridges, etc.<br /> <br /> “The Government has continued to provide assurances to depositors and customers of licensed banks and specialised deposit-taking institutions, through demonstrable actions, that their deposits are safe. Indeed, following the creation of the Consolidated Bank Ghana Limited (a wholly owned Government of Ghana and licensed by the Bank of Ghana as a universal bank), the government capitalised it with GH¢450 million. In addition, Government had to issue a bond with a face value of<br /> <br /> “GH¢7.6 billion to cover the gap, between the deposit liabilities and the remaining good assets of the failed banks. This singular action of government has reposed confidence in the banking system because it will ensure that no deposit will be lost, and customers will continue to access their deposits without difficulty.<br /> <br /> “Through Government’s intervention in August this year, deposits of some GH¢11.0 billion have been saved as well as some 2,661 jobs in addition to several hundred saved in 2017 from the insolvent 2 banks that were closed in 2017. The Government’s action has also created a strong indigenous Ghanaian bank in place of the five failed banks.”<br /> <br /> <br /> Source: Starrfmonline.com<br /> <div> <br /></div>

Africa Business Business Business News Featured Finance Minister Ken Ofori Atta Collapse of seven banks cost government GH¢9.9bn – Ofori Atta

Finance Minister, Ken Ofori-Atta reading the budget statement to the House The Finance Minister, Ken Ofori Atta, has revealed that the c...

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Ghana Budget 2019: Government acquires 200 acres for Creative Arts village

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-0vIHTT0ipuA/W-4Le0cQUuI/AAAAAAAAVzY/oGqjN_dMX4As_Qy0Zv6VA6O6TGyxFme3QCLcBGAs/s1600/ghana_2019_budget_by_ken_ofori-atta.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="400" data-original-width="720" height="354" src="https://3.bp.blogspot.com/-0vIHTT0ipuA/W-4Le0cQUuI/AAAAAAAAVzY/oGqjN_dMX4As_Qy0Zv6VA6O6TGyxFme3QCLcBGAs/s640/ghana_2019_budget_by_ken_ofori-atta.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Finance Minister, Ken Ofori-Atta presenting the 2019 Ghana budget in parliament</td></tr> </tbody></table> Ghana's film industry will receive a massive boost in 2019 after the government announced a series of measures to revamp the sector in the 2019 budget.<br /> <br /> The measures announced by the Finance Minister, Ken Ofori-Atta on Thursday in Parliament during his reading of the 2019 Budget and Economic Policy include the passing of a Legislative Instrument to establish a Secretariat for the National Film Authority as well as the construction of an "ultra-modern Film Production Studio".<br /> <br /> According to the Finance Minister, the Film Production Studio is expected to attract the international film community.<br /> <br /> He further disclosed that the government has acquired 200 acres of land to support a village for the creative arts.<br /> <br /> He also stated that the Creative Arts Industry Bill is now in Parliament for deliberation and passage into Law.<br /> <br /> Mr Ofori-Atta said: "Mr Speaker, the Creative Arts Industry Bill is now in Parliament for deliberation and passage into Law. The Creative Arts Fund is incorporated in the Bill to ensure the economic viability of the Creative Arts Sector in the economy.<br /> <br /> "In addition, Government in 2019, will pursue the passing of a Legislative Instrument to establish a Secretariat for the National Film Authority" and will also facilitate the construction of an ultra-modern Film Production Studio to attract the international film community.<br /> <br /> "Mr Speaker, government has also identified and acquired 200 acres of land to support a village for the creative arts".<br /> <br /> Source: Graphic.com.gh

Africa News Featured Ghana News ghana news online ghana today Local News News Ghana Budget 2019: Government acquires 200 acres for Creative Arts village

Finance Minister, Ken Ofori-Atta presenting the 2019 Ghana budget in parliament Ghana's film industry will receive a massive boost i...

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PHOTOS: Actress Nayas 1 and Actor Apostle John Prah allegedly tied the knot (in marriage)

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-Jjl5MdLbrZo/W-pL1Zmn64I/AAAAAAAAVy4/hEBIIXcYYZ0l-jXwrGhdS9MLuWO7bFnygCLcBGAs/s1600/nayas1_apostle-prah3.JPG" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="597" data-original-width="912" height="418" src="https://4.bp.blogspot.com/-Jjl5MdLbrZo/W-pL1Zmn64I/AAAAAAAAVy4/hEBIIXcYYZ0l-jXwrGhdS9MLuWO7bFnygCLcBGAs/s640/nayas1_apostle-prah3.JPG" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Actress Nayas 1 and Actor Apostle John Prah allegedly tied the knot (in marriage)</td></tr> </tbody></table> According to <a href="https://africachurches.com/" rel="noopener" target="_blank"><strong>AfricaChurches.com</strong></a> analyst, Nayas 1 wrote on her instagram photo wall...<br /> "What God has put together let no man put asunder!! In his time he makes all things beautiful."<br /> <br /> Therefore, <a href="https://ghanachurch.com/" rel="noopener" target="_blank"><strong>GhanaChurch.com</strong></a> confirmed, circulating photos on social media of the two kumawood stars, actress Nayas 1 and actor Apostle John Prah show they are allegedly married.<br /> <br /> So, actress Nayas 1 and actor Apostle John Prah allegedly tied the knot?.<br /> <br /> But, from <a href="https://africachurches.com/" rel="noopener" target="_blank"><strong>AfricaChurches.com</strong></a> source, we know this Apostle Prah to be a family man and never have heard of any divorce.<br /> <br /> Finally, the images are indication, something is claimed to be the case or have taken place.<br /> <h2> Watch Photos Below:</h2> <div> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-EZIp2VTU-10/W-pLlc0bSHI/AAAAAAAAVy0/JYSgTqicv4wOm-nInE5x6QnJ3BtwI0hpACEwYBhgL/s1600/nayas1_apostle-john-prah.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="640" data-original-width="1280" height="320" src="https://1.bp.blogspot.com/-EZIp2VTU-10/W-pLlc0bSHI/AAAAAAAAVy0/JYSgTqicv4wOm-nInE5x6QnJ3BtwI0hpACEwYBhgL/s640/nayas1_apostle-john-prah.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Actress Nayas 1 and Actor Apostle John Prah allegedly tied the knot (in marriage)</td></tr> </tbody></table> <br /></div> <div> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-jiP3mFtA1FQ/W-pMqKY_kMI/AAAAAAAAVzI/DPpo0vH_P2Qq1N2moXLJAV8ObeY6c_iNACLcBGAs/s1600/nayas1_apostle-john-prah2.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="640" data-original-width="1231" height="332" src="https://4.bp.blogspot.com/-jiP3mFtA1FQ/W-pMqKY_kMI/AAAAAAAAVzI/DPpo0vH_P2Qq1N2moXLJAV8ObeY6c_iNACLcBGAs/s640/nayas1_apostle-john-prah2.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Actress Nayas 1 and Actor Apostle John Prah allegedly tied the knot (in marriage)</td></tr> </tbody></table> <br /></div> <div> More coming soon....<br /> <br /> <br /> <strong>Source: <a href="https://africachurches.com/" rel="noopener" target="_blank">AfricaChurches.com</a> | <a href="https://ghanachurch.com/" rel="noopener" target="_blank">GhanaChurch.com</a> - Churches News Portal</strong></div>

actor apostle john prah actress nayas 1 Church News Entertainment Featured Religion Religious News PHOTOS: Actress Nayas 1 and Actor Apostle John Prah allegedly tied the knot (in marriage)

Actress Nayas 1 and Actor Apostle John Prah allegedly tied the knot (in marriage) According to AfricaChurches.com analyst, Nayas 1 wrot...

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Rev. Obaapa Christy Latest Gospel Album - W’agye Me [Watch Audio-Video]

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-lCo69Pw0I18/W-lpaXAtuFI/AAAAAAAAVyo/YdQIY-Ynji0Gm5F6_Hkr8dajIelgOuxXgCLcBGAs/s1600/ObaapaChristy-1280x720.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="720" data-original-width="1280" height="360" src="https://4.bp.blogspot.com/-lCo69Pw0I18/W-lpaXAtuFI/AAAAAAAAVyo/YdQIY-Ynji0Gm5F6_Hkr8dajIelgOuxXgCLcBGAs/s640/ObaapaChristy-1280x720.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Rev. Obaapa Christy Latest Gospel Album - W’agye Me (Original)</td></tr> </tbody></table> Report reaching <a href="https://ghanachurch.com/" rel="noopener" target="_blank"><strong>GhanaChurch.com</strong></a> shows that, the awards-winning Ghanaian Germany based gospel music diva, <a href="https://ghanachurch.com/official-profile-and-biography-of-rev-obaapa-christy/" rel="noopener" target="_blank"><strong>Rev. Obaapa Christy</strong></a> has released her latest 2018 Gospel album.<br /> <br />  According to <a href="https://ghanachurch.com/" rel="noopener" target="_blank"><strong>GhanaChurch.com</strong></a> analyst, the album titled ‘<strong>W'agye Me (He Has Saved Me)</strong>’ is out now.<br /> <br />  Furthermore, under the label of Francoba Management.<br /> <br />  Certainly, this will however become <strong><a href="https://ghanachurch.com/official-profile-and-biography-of-rev-obaapa-christy/" rel="noopener" target="_blank">Obaapa Christy</a></strong> first album after she was ordained as a Reverend Minister in the United States by Bishop Kofi Adonteng-Boateng. <br /> <h3> Hence, Rev. Obaapa Christy Six Tracks Album Below:</h3> So, <br /> <h3> 1. Amen </h3> <h3> 2. W'agye Me </h3> <h3> 3. I Am Coming Out </h3> <h3> 4. W' asue Me </h3> <h3> 5. Aseda Nwom </h3> <h3> 6. Ma Enye Yie</h3> <div> <br /></div> Because, this album which comprises of both worship and praises seeks to inspire, motivate and bless Gospel lovers all over the world. Therefore, <br /> <h3> Watch Rev. Obaapa Christy W'agye Me Track Below:</h3> <iframe allowfullscreen="allowfullscreen" frameborder="0" height="449" src="https://www.youtube.com/embed/JdrpUU24OOg" width="100%"></iframe> As a results, <br /> <h3> <a href="https://ofmtv.com/wp-content/uploads/2018/11/cw1ag0ye1m1e.mp3" rel="noopener" target="_blank">DOWNLOAD FREE - Obaapa Christy Latest Album - W’agye Me</a></h3> <div> <br /></div> <h3> <a href="https://africachurches.com/shatta-wale-duncan-williams-eastwood-anabas-secret-exposed/" rel="noopener" target="_blank">READ ALSO: Shatta Wale, Archbishop Nicholas Duncan-Williams & Rev. Eastwood Anaba’s Spiritual Secret Exposed by Weeping Prophet [Video]</a></h3> Also, <br /> <h3> <a href="https://africachurches.com/the-next-phase-of-shatta-wale-prophecy/" rel="noopener" target="_blank">READ ALSO: The NEXT Phase of Shatta Wale’s Prophecy, Death or Alive for God by Weeping Prophet [Video]</a></h3>   Due to,<br /> <br /> <br />   <strong>Source: <a href="https://ghanachurch.com/" rel="noopener" target="_blank">GhanaChurch.com</a> | <a href="https://africachurches.com/" rel="noopener" target="_blank">AfricaChurches.com</a> – Churches News Portal</strong>  

Bishop Kofi Adonteng-Boateng Christiana Love Featured Ghana Gospel Ghana Music Gospel Music Gospel Musician Obaapa Christy Obaapa Christy Latest Album Religion Religious News Wagye Me Rev. Obaapa Christy Latest Gospel Album - W’agye Me [Watch Audio-Video]

Rev. Obaapa Christy Latest Gospel Album - W’agye Me (Original) Report reaching GhanaChurch.com shows that, the awards-winning Ghanaian ...

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