#ghanagovernment

President Akufo-Addo has challenged members of the Presidential Fiscal Responsibility Advisory Council to assist government with their rich experience in economic and financial management in order to maintain “fiscal rectitude” in the management of the country’s economy. Addressing members of the Presidential Fiscal Responsibility Advisory Council at the Jubilee House after administering the Official Oath and the Oath of Secrecy to them, President Akufo-Addo said the advisory council, which is the second of its kind in sub-Saharan Africa after Mauritius, has been established because of the poor circumstances surrounding the management of the country’s public finances by successive administrations. “If we are to realize our vision of a ‘Ghana Beyond Aid’, that is a Ghana no longer dependent on the benevolence and charity of foreign tax payers and donors for the management of our public finances. We must change course, hence the establishment of the Presidential Fiscal Responsibility Advisory Council. I am determined that fiscal rectitude becomes an essential feature of our DNA in the management of our nation’s economy,” the President said. The Role of the PFRAC According to the President,  the Presidential Fiscal Responsibility Advisory Council has been set up to amongst other things, “assist and advise the President in formulating and implementing a national fiscal responsibility policy that will ensure fiscal discipline in government expenditure and safe guarding the public purse; advice the President on how to ensure that, as provided by law, the budget deficit does not exceed 5% in a fiscal year and the budget yields a positive primary balance; advice the President on how to ensure that the debt-to-GDP ratio does not exceed 65%. In addition, the PFRAC will develop and recommend policies for the maintenance of prudent and sustainable levels of public debt, ensure that the fiscal balance is maintained at a sustainable level and guarantee the management of fiscal risk in a prudent manner so as to achieve efficiency,  effectiveness and value for money in public expenditure.” Chairman of the Council The  chairperson of the Presidential Fiscal Responsibility Advisory Council and former Governor of the Bank of Ghana,  Dr.  Paul Acquah, said on their part as an advisory council,  they will ensure high sense of purpose, and dedication and with due regard to safeguarding the public interests and bolstering confidence in public policy. He called on the Ministry of Finance and Economic Planning and the Bank of Ghana to collaborate with the Council in order to make their role an effective one. Members of the PFRAC Members of Presidential Fiscal Responsibility Advisory Council has Dr. Paul Acquah (Former Governor, of the Bank of Ghana) as its Chairperson. Mr. Abdullah Ali -Nakyea, Managing Partner, Ali-Nakyea & Associates; Prof. Eugenia Amporful, Department of Economics, KNUST; Dr. Nii Noi Ashong, (GIMPA); Prof. Augustine Fosu, Former Deputy Director UN WIDER FINLAD / University of Ghana; Dr. Robert Osei, Director, ISSER and Dr. Nii Kwaku Sowa, Director, Intentional Growth Centre, as members. Links: Politics | Entertainment | Business | Sports | Source:Starrfm Read the full article

President Akufo-Addo has challenged members of the Presidential Fiscal Responsibility Advisory Council to assist government with their rich experience in economic and financial management in order to maintain “fiscal rectitude” in the management of the country’s economy. Addressing members of the Presidential Fiscal Responsibility Advisory Council at the Jubilee House after administering the Official Oath and the Oath of Secrecy to them, President Akufo-Addo said the advisory council, which is the second of its kind in sub-Saharan Africa after Mauritius, has been established because of the poor circumstances surrounding the management of the country’s public finances by successive administrations. “If we are to realize our vision of a ‘Ghana Beyond Aid’, that is a Ghana no longer dependent on the benevolence and charity of foreign tax payers and donors for the management of our public finances. We must change course, hence the establishment of the Presidential Fiscal Responsibility Advisory Council. I am determined that fiscal rectitude becomes an essential feature of our DNA in the management of our nation’s economy,” the President said. The Role of the PFRAC According to the President,  the Presidential Fiscal Responsibility Advisory Council has been set up to amongst other things, “assist and advise the President in formulating and implementing a national fiscal responsibility policy that will ensure fiscal discipline in government expenditure and safe guarding the public purse; advice the President on how to ensure that, as provided by law, the budget deficit does not exceed 5% in a fiscal year and the budget yields a positive primary balance; advice the President on how to ensure that the debt-to-GDP ratio does not exceed 65%. In addition, the PFRAC will develop and recommend policies for the maintenance of prudent and sustainable levels of public debt, ensure that the fiscal balance is maintained at a sustainable level and guarantee the management of fiscal risk in a prudent manner so as to achieve efficiency,  effectiveness and value for money in public expenditure.” Chairman of the Council The  chairperson of the Presidential Fiscal Responsibility Advisory Council and former Governor of the Bank of Ghana,  Dr.  Paul Acquah, said on their part as an advisory council,  they will ensure high sense of purpose, and dedication and with due regard to safeguarding the public interests and bolstering confidence in public policy. He called on the Ministry of Finance and Economic Planning and the Bank of Ghana to collaborate with the Council in order to make their role an effective one. Members of the PFRAC Members of Presidential Fiscal Responsibility Advisory Council has Dr. Paul Acquah (Former Governor, of the Bank of Ghana) as its Chairperson. Mr. Abdullah Ali -Nakyea, Managing Partner, Ali-Nakyea & Associates; Prof. Eugenia Amporful, Department of Economics, KNUST; Dr. Nii Noi Ashong, (GIMPA); Prof. Augustine Fosu, Former Deputy Director UN WIDER FINLAD / University of Ghana; Dr. Robert Osei, Director, ISSER and Dr. Nii Kwaku Sowa, Director, Intentional Growth Centre, as members. Links: Politics | Entertainment | Business | Sports | Source:Starrfm Read the full article

President  Akufo- Addo, will from Tuesday, February 12, 2019 publicly present Constitutional Instruments (C.I.) to give effect to the creation of the six (6) new regions. The schedule for presentations is as follows: – Tuesday, 12th February 2019 – North East and Savannah Regions – Wednesday, 13th February 2019 – Bono East and Ahafo Regions – Friday, 15th February 2019 – Western North and Oti Regions. Delegations comprising Chiefs and people of the new regions have been invited to the Jubilee House in Accra for the official ceremonies. While congratulating the Chiefs and People, Government expects that the creation of the new regions will be a further boost to their development. News Links: Politics | Entertainment | Business | Sports | Source:Starrfm Read the full article

President  Akufo- Addo, will from Tuesday, February 12, 2019 publicly present Constitutional Instruments (C.I.) to give effect to the creation of the six (6) new regions. The schedule for presentations is as follows: – Tuesday, 12th February 2019 – North East and Savannah Regions – Wednesday, 13th February 2019 – Bono East and Ahafo Regions – Friday, 15th February 2019 – Western North and Oti Regions. Delegations comprising Chiefs and people of the new regions have been invited to the Jubilee House in Accra for the official ceremonies. While congratulating the Chiefs and People, Government expects that the creation of the new regions will be a further boost to their development. News Links: Politics | Entertainment | Business | Sports | Source:Starrfm Read the full article

The NDC Member of Parliament for the Kumbungu constituency on Monday called on the government of Ghana to retaliate the visa ban imposed on Ghanaian nationals by the United States. The US Embassy in Ghana on Monday commenced the suspension of the issuance of all new visas to certain categories of applicants from Ghana. The US department of homeland security (DHS) explained the visa sanctions were necessitated by Ghana’s “lack of cooperation” in accepting its citizens ordered removed from the US. The DHS in a statement announcing the visa restriction warned further that Ghana would face more sanctions if the government’s posture does not change. “Without an appropriate response from Ghana, the scope of these sanctions may be expanded to a wider population,” secretary of Homeland Security, Kirstjen Nielsen said. News Links: Politics | Entertainment | Business | Sports | The Kumbungu lawmaker, however, called the bluff of the US government, describing the ban as “disrespect.” “We are a sovereign nation, you can’t just expect us to deport 7000 people who are claiming to be Ghanaians without thoroughly screening and vetting them,” he said. According to him, the government of Ghana must stand its ground and respond in equal measure. He said: “I’m looking forward to seeing the government of Ghana respond in equal measure. We are equal partners in this and if the United States of America decides to ignore the weight of evidence that clearly shows that we need to take our time before we dump these people into Ghana, Ghanaians should be supporting the government to equally retaliate.” The Ministry of Foreign Affairs and Regional Integration in a statement dismissed claims by the US that it was not cooperating on the deportation of Ghanaians marked removed from the US, which had led to the visa ban. News Links: Politics | Entertainment | Business | Sports | Source: Ghana/Starrfmonline.com/103.5FM Read the full article

The NDC Member of Parliament for the Kumbungu constituency on Monday called on the government of Ghana to retaliate the visa ban imposed on Ghanaian nationals by the United States. The US Embassy in Ghana on Monday commenced the suspension of the issuance of all new visas to certain categories of applicants from Ghana. The US department of homeland security (DHS) explained the visa sanctions were necessitated by Ghana’s “lack of cooperation” in accepting its citizens ordered removed from the US. The DHS in a statement announcing the visa restriction warned further that Ghana would face more sanctions if the government’s posture does not change. “Without an appropriate response from Ghana, the scope of these sanctions may be expanded to a wider population,” secretary of Homeland Security, Kirstjen Nielsen said. News Links: Politics | Entertainment | Business | Sports | The Kumbungu lawmaker, however, called the bluff of the US government, describing the ban as “disrespect.” “We are a sovereign nation, you can’t just expect us to deport 7000 people who are claiming to be Ghanaians without thoroughly screening and vetting them,” he said. According to him, the government of Ghana must stand its ground and respond in equal measure. He said: “I’m looking forward to seeing the government of Ghana respond in equal measure. We are equal partners in this and if the United States of America decides to ignore the weight of evidence that clearly shows that we need to take our time before we dump these people into Ghana, Ghanaians should be supporting the government to equally retaliate.” The Ministry of Foreign Affairs and Regional Integration in a statement dismissed claims by the US that it was not cooperating on the deportation of Ghanaians marked removed from the US, which had led to the visa ban. News Links: Politics | Entertainment | Business | Sports | Source: Ghana/Starrfmonline.com/103.5FM Read the full article

Look at what popped up in my photo gallery this afternoon. #createspacesforthearts #artspaces #spaces #creative #artoutlets #africa #ghana #artistsoninstagram #ghanaianartist #plight #ghanagovernment #ministryofcreativeartsandculture #r #hashtag