A report by Institute of Statistical Social and Economic Research (ISSER) showed that Ghana lost at least 200 million
cedis due to the impact of the power crisis.
A number of tertiary institutions owe the Electricity Company of Ghana (ECG) millions of
cedis due to government's inability to promptly pay for the services rendered.
Not exact matches
Due to the need for uniformity of reporting, our debt is usually denominated either in dollars or
cedis.
A leaked highly confidential government document suggests that Ghana's presidency has been rather lenient in its handling of the bus branding scandal which led to some 1.9 million Ghana
cedis loss to the state
due to an overpayment.
They are incensed by the decision of the leadership to purchase a Toyota Land Cruiser vehicle for the Chief Executive at a cost of over 400,000
cedis, when hundreds of buses have been grounded
due to the lack of spare parts.
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.
A year on year analysis further shows that SSNIT has been able to reduce its indebtedness
due to the public institutions by half; from 1.2 to 600 million
cedis.
According to him
due to governments good economic policies, the Ghanaian currency, the
cedi, has become one of the best performing currencies in Africa.
Ms Arthur made the claim a day after member of the Public Accounts Committee and Member of Parliament for Nhyiaeso accused the former administration of not using
due process in transferring the monies worth more than two million Ghana
cedis meant for the construction of some CHPS compounds.