Public Agenda NewsPaperPublic Agenda NewsPaper
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Font ResizerAa
Public Agenda NewsPaperPublic Agenda NewsPaper
Font ResizerAa
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Search
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Follow US
Breaking NewsGeneral News

Finance Minister touts Ghana’s stability & economic prospects

benito
Last updated: July 24, 2017 12:01 am
benito
Share
3 Min Read
Ken Ofori-Atta
Ken Ofori-Atta
SHARE

The Austrian Ambassador to Ghana, H.E. Werner Senfter has paid a courtesy call on the Minister for Finance, Ken Ofori-Atta at his office.

Receiving him, Hon. Ofori-Atta expressed gratitude on behalf of Ghana for the decades of friendship that had existed between the two countries, as well as the immense support given by Austria, especially in the areas of Education, Roads, Interior and Water and Sanitation.

Hon. Minister stated that Ghana was now a pillar of stability with great economic prospects, and added that the country’s current real GDP was improving, with the inflation rate trending downwards, a positive sign that had seen rating agencies upgrade Ghana from negative outlook to stable.

More Read

Fiscal Reforms Needed to Maximise Gains from Extractive Sector, Says IEA
Ghana’s Inflation Falls to Four-Year Low; hits 8% in October 2025
GRA boss, senior officials ordered to appear before OSP in SML probe
Bosomoa Forest Reserve under Threat as Community Clears 20 Acres for proposed health College project
ISODEC, Shai -Osudoku Assembly Honour Ford Foundation’s Legacy of Social Justice

He said the Governments’ major agriculture project, Planting for Food and Jobs has been well received across the country, with major strides being achieved in the fight against revenue leakages, as well as on corruption.

H.E. Werner Senfter acknowledged the compliments and expressed Austria’s continuous commitment to Ghana’s development.

He stated that the Austrian Government has helped Ghana with the construction of polyclinics in the Northern Region, Upper West Region and Brong Ahafo Region; provision of potable water to various communities; Construction of Pedestrian Bridges; Rehabilitation of the Adomi Bridge and the Provision of Solar Street Lights, all to the tune of about €100m.

H.E. Werner Senfter indicated that currently, a concessional loan of €13.5m has been signed with UniCredit Bank for the construction and equipping of five polyclinics in the Greater Accra Region.

He outlined earmarked Austrian Concessional financing for priority projects as: €8.4m for the Phase 2 of the Upgrading and Enhancement of Technical and Vocational Training Centers (Sacred Heart Technical Institute, St. Joseph Technical Institute, Have Technical Institute, and Akwatia Technical Institute); €7.5m for the Phase 2 of the Roads and Safety Improvement Project; €7.4m for the Public Safety Communication System for the Ghana Police Service; and €8m for the Supply and Services for the Enhancement of Nation-wide Water Network Management.

Present were Hon. Abena Osei-Opare, Deputy Minister (Budget); Ms. Yvonne Quansah, Director ERM-M, MoF; Mr. Adu Amponsah, MoF; Mr. Michael Bediako, Technical Assistant, MoF; and Mr. Danny Nana Osei Mainoo, Facilitator of Austrian Projects in Ghana.

TAGGED:Ken Ofori-Atta
Share This Article
Facebook Whatsapp Whatsapp Email Copy Link Print

Latest News

NAIMOS, REGSEC dismantle illegal mining network in Oda River Forest Reserve
October 24, 2025
Gold Prices Plunge 6.3% in Largest Drop Since 2013
October 22, 2025
BoG Governor targets full de-dollarisation, wants cedi to be sole currency for all transactions
October 22, 2025
ISODEC to Plant 650 Trees to celebrate Ford Foundation’s 65 years in West Africa
October 21, 2025
Cedi erases Q3 losses recorded in 2025; posts 37% year-to-date appreciation against dollar
October 21, 2025
Resource Extraction, Climate Change Driving Inequality in West Africa — ISODEC
October 20, 2025
Assibey Antwi, Gifty Oware to face court today over NSA ghost names scandal
October 17, 2025

You Might Also Like

Breaking NewsBusinesstop stories

Govt spending falls 14% below target — BoG Report

October 13, 2025
Breaking NewsDevelopment Agendatop stories

GES to phase out double-track system by 2027 — GES

October 13, 2025
Breaking NewsDevelopment Agendatop stories

TUC warns of imminent water crisis, urges Mahama to declare State of emergency over galamsey

October 10, 2025
Breaking NewsBusinesstop stories

IMF reaches staff-level agreement with Ghana for $385m disbursement

October 10, 2025

About Us

Public Agenda is fou­nded and owned by Pu­blic Agenda Communic­ations.

Public Agenda was founded as a public interest Me­dia entity. Its Visi­on is to contribute to building a well-i­nformed society where accurate informati­on dissemination is the cornerstone of a democratic, just and equitable society.

Its mission is to inform, guide and bui­ld responsible citiz­enship and accountab­le decision making and strive for excell­ence in the media in­dustry. Public Agenda Communications is managed by a Board of Directors.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?