Sentences with phrase «cedi debt»

There was a 33 million cedi debt for the National Democratic Congress» (NDC) Progressively Free Education while the GETFUND was run aground with a 3.7 billion debt.

Our debt profile is currently $ 24 billion and in total, that is dollar and cedi debt, GHc104 billion», President stated during an interview with Ovation Magazine.

Our debt profile is currently $ 24 billion and in total, that is dollar and cedi debt, GHc104 billion.

The Education Minister said his predecessor left behind a debt of ten (10) million ceids for the supply of chalk, while feeding grants for special schools like School for the Deaf struggled to feed students as four million cedis debt was left at the Education Ministry.

Not exact matches

The court on June 8 granted a request by the Attorney - General's department to question the businessman on whether he owns properties, has the means of offsetting the debt owed the state as well as how he spent the 51.2 million cedis wrongfully paid him.

Due to the need for uniformity of reporting, our debt is usually denominated either in dollars or cedis.

We also issued 7 year and 10 year cedi - denominated bonds, totaling GH cents 4.7 billion, which have halved the $ 2.4 billion energy debt we inherited, and have helped improve the liquidity of the banks, and the balance sheets of the SOEs in the energy sector.

Revenue estimates, interest rates, strength of the cedi, capital expenditure, internal and external debt estimates and recurrent expenditure were all worse than predicted and the administration and its propagandists are still dancing around their self - delusional forecasts.

According to him, there is an outstanding debt of some 4.5 billion cedis which needs to be settled hence government's decision to introduce the new Energy Sector levy.

cedi terms,» he mentioned, adding that in order to engage in proper debt management, the government must consider all those things.

The Supreme Court on Wednesday granted an application by former Attorney General to orally examine Alfred Woyome over his payment of the 51 million cedis judgement debt paid him by the state.

The tax payer is going to spend about 4 billion Ghana cedis which is 2 % of GDP in servicing this debt,» Ato Forson lamented.

Similarly, the debts due to public institutions reached its peak in 2014 where the figure went up to as much as 1.15 billion cedis.

Of this, total indebtedness due to private businesses was 79 million cedis while total debt due to public establishments amounted to 561 million cedis.

Even though the private sector's contribution to the debts has largely declined, the highest figure was recorded in 2013 when it recorded 101 million cedis.

He argued that the move saved the economy the burden of seeking one billion cedis every week to repay its debts.

The comments follow the latest Bank of Ghana report which shows that Ghana's debt has reached 138.8 billion cedis equivalent to 68.7 percent of GDP, as at November 2017.

When the NPP left office in 2009, Alfred Woyome proceeded to court claiming his contract was illegally terminated and was demanding a judgment debt well over 2 million cedis.

Touching on the Ghana Youth Employment and Entrepreneurial Agency (GYEEDA), judgment debts paid to businessman Alfred Woyome among other cases ongoing at the courts, he said over 20 million cedis has been recovered.

The new figure shows that Ghana's debt increased by 1.3 billion cedis from May to June 2017 as the month of May recorded a debt stock of 137.3 billion cedis.

According to him, the relatively high interests on short term debts estimated over 20 billion cedis, has made it difficult to repay.

«Ghana's debt stock in 2008 was 9.5 billion cedis but in 2016 the debt is now 122 billion cedis which is 74 percent of GDP.

The data showed that the external component of the debt was 74.6 billion cedis, representing 36.9 percent of the GDP, while domestic debt was 63.9 billion representing 31.6 percent.

New figures released by the Bank of Ghana (BoG) show that the country's total debt stock has hit GH cents 138.8 billion cedis as of November 2017, representing 68.7 percent of the country's Gross Domestic Product (GDP).

Indeed from independence in 1957 to 2008, Ghana's total debt was 9.5 % Billion Cedis; however; in the last seven years alone under this NDC government, Ghana's total debt has ballooned from 99.5 billion cedis to 100 billion cedis in 2015; and a 105 billion cedis by May 2016.

«From 2001 to 2008, the NPP accumulated a total debt stock 56.9 billion cedis, taking it from 9.7 billion cedis in 2008.

Mr. Adams also defended the commitment of the current AG, who he said «has saved this country millions of cedis or dollars that we would have paid as judgment debt.»

«The Assembly's judgment debt stock of Fifty million, six hundred thousand Ghana cedis, has thus been reduced by Forty - two million, eight hundred thousand Ghana cedis.

Apart from the debt owed the service providers, the contractor in charge of the Assembly's landfill site demands not less than Ghc 100,000.00 per month from the KMA to meet its monthly operation cost of about 1.4 million Ghana cedis.

From» till now, all the debts of the facilities put together is almost 10 million Ghana cedis»