Parliament Archives - Page 3 of 8

30 Nov

Trade Minister To Lay Import Restrictions Bill In Parliament Today

wontumionlineBusinessImport restriction bill, KT Hammond, Parliament

The Minister of Trade and Industry, Kobina Tahir Hammond, is today expected to lay before Parliament the Legislative Instrument (L.I.), seeking to restrict the importation of selected products. Known as the Export and Import Regulations 2023, the bill seeks to restrict the importation of 22 selected strategic products such as sugar, rice, poultry, and tripe into the country. This follows a green light by the Speaker of Parliament, Alban Bagbin on Tuesday after the Minority opposed plans to lay it. This was the third time the policy document had suffered a setback in Parliament. The side argued that the L.I. is inimical…

19 Nov

Parliament Approves US$800m Syndicated Loan For COCOBOD

wontumionlineNewsCOCOBOD, Parliament

Minister for Food and Agriculture, Dr. Bryan Acheampong has attributed the constant losses posted by COCOBOD to road projects being undertaken by the Institution and payment of loans contracted by the construction of the Bui Dam. COCOBOD has been recording losses since 2017 compelling the IMF to direct government to develop a policy to ensure the institution stops bleeding. Speaking during approval of $800 million syndicated loan for the purchase of cocoa beans for the 2023/2024 season, Bryan Acheampong stated COCOBOD has made the turn for the better. The Minority however disagree as ranking member for Committee on Food and…

18 Nov

Parliamentary Debate On 2024 Budget Begins On November 21

wontumionlineBusiness2024 budget, Parliament

The Parliamentary debate on the 2024 Budget Statement and Economic Policy of the Government will begin on Tuesday, November 21. Mr Osei Kyei-Mensah-Bonsu, the Majority Leader and Leader of Government Business, made the disclosure during his presentation of the Business Statement of the House for the week ending, Friday, November 24. He said following the presentation of the Budget Statement and Economic Policy of Government, a two-day post-Budget workshop was scheduled for the participation of all Members of Parliament (MPs) beginning from Saturday, November 18, to Sunday, November 19, at the Chamber of Parliament House in Accra. He said though…

17 Aug

Parliament Passes Contract (Amendment) Bill 2022 Into Law

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Parliament has passed the Contract (Amendment) Bill 2022 into law, in a bid to streamline public sector contracts and curb unwarranted interest payments that have bane on state finances. Prior its amendment, the Contracts Act 1960 (Act 25) did not make explicit provisions regarding persons authorised to enter into contracts on behalf of the state, as well as a common pathway for the calculation of interests due on government contracts, with the report of the Committee on Constitutional, Legal and Parliamentary Affairs noting that the lack of restrictions on persons qualified to enter into contracts on behalf of the government had the…

15 Aug

Mahama Called For The Change Of Minority Leadership In Parl. Because He Hates Muslims- Abronye DC (VIDEO)

wontumionlineFeatured, News, TrendingMahama, Muslims, Parliament

Bono regional chairman of the ruling New Patriotic Party (NPP), Kwame Baffoe better known as Abronye DC, has asserted that former President John Dramani Mahama has hatred for Muslims, although he is one of them. According to him, the hatred the former President has for Muslims is what necessitated the change of minority leadership in Parliament. Abronye popularly known as Abronye has made it clear that Former president John Mahama hates the Muslims thou he is one of them. "I must emphasize that Haruna Iddrisu, Muntaka Mubarak and others were sacked from the leadership role in Parliament by the NDC,…

04 Aug

Parliament Sets Up Ad hoc Committee To Probe National Cathedral Project

wontumionlineNewsAdhoc C'ttee, National Cathedral, Parliament, Probe

Ghana’s Parliament has set up a committee to investigate the National Cathedral project after North Tongu lawmaker Samuel Okudzeto Ablakwa together with five other minority members filed a private member’s motion demanding the scrutiny of the project. Mr. Ablakwa has been making a series of corruption allegations with regard to the stalled project. Second Deputy Speaker, Andrew Amoako Asiamah adopting the motion for onward action by the leadership of the house on Thursday August 3 said “This motion is a very very important one and I pray that this house will approve this motion under order 919. “Order 919 provides…

05 Jun

Parliament To Consider Five Revenue Bills On June 6

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Among Parliament’s agenda as it resumes from recess tomorrow, June 6, 2023, is the consideration of five financial/tax bills. These include: 1. Customs (Amendment) Act. 2. Revenue Administration Regulations, 2023. 3. Income Tax (Amendment) Regulations. 4. VAT (Amendment) Regulations. 5. Insurance Regulations, 2023. Parliament went on recess on March 31, 2023, after the passage of the three revenue bills. These were the Excise Amendment Act, 2023; Income Tax Amendment Act, 2023; and the Growth and Sustainability Levy Act. The House is, however, expected to resume on June 6, 2023. Members of Parliament will return to Parliament on June 6, 2023, after going on recess on March…

03 May

Parliament Approves 7 Loan Agreements Totaling $710M

wontumionlineBusiness7 loan approval, Parliament

Parliament has approved seven loans including a $200m loan facility from the World Bank. Parliament of Ghana The $200 million is expected to finance the Ghana Digital Acceleration Project. The rest of the facilities are a US$60.6 million as a third additional financing for the Ghana Covid-19 Emergency Preparedness and Response Project, US$150 million to finance the West Africa Food Systems Resilience Programme, and €EU170 million for the establishment of the Development Bank of Ghana. The rest are a US$30 million facility to finance the Medical Equipment Provision Project in response to Covid-19, US$150 million to finance Primary Healthcare Investment…

26 Apr

Understanding Ghana’s Growth And Sustainability Levy Act Of 2023 (Act 1095)

wontumionlineBusinessgrowth and sustainability levy, Parliament

“You don’t pay taxes – they take taxes” – Chris Rock. The Parliament of Ghana on the night of 31st March 2023 passed the Growth & Sustainability Levy bill, into law replacing the National Fiscal Stabilisation Levy Act, 2013 (Act 862). Many Ghanaians woke up to the news on April Fools’ Day. In fact, three new tax laws were passed that very night by Parliament. The object of the Growth & Sustainability Levy Act 2023 (ACT 1095) is to raise revenue for the growth and fiscal sustainability of the economy and the Levy is payable in respect of profits before tax…

26 Apr

Akufo-Addo Nominates Gertrude Torkornoo As New Chief Justice

wontumionlineNewsAkufo-Addo, Chief Justice, Council of State, Gertrude Torkornoo, Parliament

President Akufo-Addo has nominated Justice Gertrude Araba Esaaba Torkornoo as the new Chief Justice. The President in a letter to the Council of State on Tuesday, April 25, said her nomination is to avoid any vacuum that would occur following the retirement of the current Chief Justice Kwasi Anin Yeboah on May 24. “Chief Justice Kwasi Anin Yeboah is due to retire from the bench on May 24, 2023, his seventieth birthday. In order to avoid a vacuum and ensure that a new Chief Justice is immediately in office after his retirement. “I have decided to begin the process of…