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16 tough questions Finance Minister must answer in parliament

  • Post category:Gov't

Finance Minister, Ken Ofori-Atta is expected before parliament today June 21, 2022, to answer questions mostly relating to the state of the Ghanaian economy which is said to be in dire straits.

Below are the full list of questions the Minister is said to have been running away from until the speaker issued a warning of throwing out government business if he fails to appear.

(a) Mr. Godfred Seidu Jasaw (Wa East)(NDC): When will the government clear the large debt owed partners and suppliers to ensure the availability of subsidized fertilizer in this farming season?

Agriculture

(b) Ms. Sheila Bartels (Ablekuma North)(NPP): What is the current status of funding for the construction of Phase Two of the Tema Motorway?

Infrastructure (Roads)

(c) Mr. Sylvester Tetteh (Bortianor-Ngleshie Amanfro)(NPP): What are the interventions the Ministry is employing to clamp the rising price of fuel?

Energy/Cost of Living

(d) Mr. Edward Abambire Bawa (Bongo)(NDC): What the Ministry is doing about imposed taxes and levies on petroleum products and the depreciation of the Cedi to slow down the fuel price build up?

Energy

Mr. Vincent Oppong Asamoah (Dormaa West) (NDC): Would the Ministry consider sourcing additional funding for infrastructural development at the University of Energy and Natural Resources (UENR) in Sunyani?

Education/Infrastructure

Mr. George Kweku Ricketts-Hagan (Cape Coast South)(NDC): Which companies were used as Local Transaction Advisors and Local Legal Advisors for the 2021 Eurobond and how much were they paid?

Finance/Economy

Mr. George Kweku Ricketts-Hagan (Cape Coast South) (NDC): How much has Government has realized (net proceeds) from the Eurobond issued in 2021, and how much it has spent on fees and related roadshow expenses?

Finance/Economy

Mr. Murtala Muhammed Ibrahim (Tamale Central) (NDC): How much revenue the state generates from the sale of power to neighboring countries?

Energy

Ms. Theresa Lardi Awuni (Okaikwei North) (NDC): How much was raised in total from Government Bonds since 2017, who are the transaction advisors and book runners, and how was paid to each?

Mr. Frank Annoh-Dompreh (Nsawam-Adoagyiri) (NPP): How will the 2022 budget ensure that all the major issues of increased taxes, increased fuel prices and unmaintained roads are tackled efficiently?

Economy

Dr. Stephen Amoah (Nhyiaeso) (NPP): What plans the Government has established to reduce the debt stock which stood at 76.1% in the first half of this year?

Economy

Mr. Kwadjo Asante (Suhum) (NPP): If the Government intends to return to the International Monetary Fund for financial assistance?

Finance/Economy

Mr. Collins Adomako-Mensah (Afigya Kwabre North) (NPP): What assurances the Ministry can give that Government has not abandoned projects started by previous administrations.

Infrastructure

Ms. Dakoa Newman (Okaikwei South) (NPP): An update on the progress and impact of the Ghana CARES programme as well as the plans to raise a US$100 Billion fund aimed at revitalizing the economy, post COVID-19.

Update

Mr. Frank Annoh-Dompreh (Nsawam-Adoagyiri) (NPP): How much has been invested in fighting COVID-19 and how has it impacted economic recovery?

Economy/Health

Mr. Paul Apreku Twum-Barimah (Dormaa East) (NPP): An update on the creation of one (1) a million jobs stated in the mid-year budget since the Government payroll is full.

Update

NPP 9

NDC 7

(i) Loan Facility Agreement between the Government and African Export-Import Bank (Afreximbank) for up to ($750,000,000.00) to finance the 2022 Budget.

(ii) Syndicated Term Loan Facility Agreement between the Government) and the Joint Mandated Lead Arrangers and Bookrunners (MLABs) for up to ($250,000,000.00) to finance the 2022 Budget.

Parliament adopts the Report of the Finance Committee on the Financing Agreement between the Government and the European Investment Bank (EIB) for an amount of (€75,000,000.00) for the COVID-19 Health Response Ghana Project.

Bernard’s questions

17) What is the cost of the proposed syndicated loan?

18) Can we afford it?

19) Is Securitization the answer?

20) Will the E Levy Anchor hold?

 

 

 

 

 

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