Sentences with phrase «cedis which»

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

Some amount of 500,000 Ghana cedis which was used for investment with Obaatanpa microfinance is nowhere to be found in any account at MASLOC.

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.

Dr Bawumia who launched the project announced the saving of billions of cedis which was allegedly going to line the pockets of private individuals in the John Mahama government, had this government not acted quickly.

To a deafening applause from the crowd amidst smiles, the President said the Ghana cedi which has for the past months struggled behind the US dollars is «stabilizing.»

Not exact matches

«For a bus of the nature you're describing, I would give you 8500 per bus, and if I should look at the volume of the buses that you have, economics would tell you economics of scale so I would have to reduce the unit price for you which I can give you say, 8,000 per bus so for 116 buses we are looking at 928,000 cedis,» he said.

When the plaintiff amended the endorsement on his writ of summons to change completely his cedi claim to a Euro claim with other reliefs, he did not amend his original statement of claim to correspond to the new claim which was completely different from the original claim.

Mr. Amoah in March this year wrote to the Special Prosecutor to investigate the sale of some one point eight million barrels of crude by BOST in September last year, which he said cost the nation about 23 million cedis in revenue.

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.

«This group didn't have financial clearance at all, which means they haven't been paid a single cedi since they were employed.

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.

Did Dr Bawumia tell the good people of Ghana e.g Bunkpurugu, Kasoa etc in 2016 that if NPP wins the 2016 December elections (which they won) that starting from 2017 without fail, that each constituency will receive a cedi equivalent of $ 1m.

So there are mistakes, which is OK, but truly we are talking about six, seven hundred or even a billion cedis of potential savings.

What's more, the country is going to expend millions of cedis to compensate Mr.Woyome amidst this unbearable economic situation which the present government has only worsen.

The Mp for Bolga Central Hon Isaac Adongo will this afternoon present a Bull n a Sheep to the regional chief Imam for the upcoming Eid al - Adha celebrations which comes off on Friday 1 September 2017, he will also use the opportunity to present a cash amount of GHC1000 cedis to the Gumbisi football club Which emerged winners at the last Salla gwhich comes off on Friday 1 September 2017, he will also use the opportunity to present a cash amount of GHC1000 cedis to the Gumbisi football club Which emerged winners at the last Salla gWhich emerged winners at the last Salla games.

Section of Ghanaians are beginning to question government's assurance to address these age long challenges in the short to medium term after the cedi, which was relatively stable against major currencies the whole of last year; has depreciated by 6 percent in the last two months with dumsor also rearing its ugly head.

A ceremony to raise money for the Endowment Fund, which was organised by JAK Foundation, was in line with the «80 for 80» campaign, which seeks to raise GH cents 80 million cedis ($ 15 million) to commemorate the upcoming 80th birthday of former President Kufuor on December 8.

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.

He said the numbers shows that the Ministry's fiscal consolidation program has worked resulting in inflation reducing significantly, a fairly stabilized Ghana cedi and a budget deficit which has reduced from 12 percent to 6.3 percent in 2015.

In an interview with Okay FM, the promoter disclosed that he sent her (Anita) the two thousand cedis through mobile money to her manager which she (Anita Afriyie) confirmed receiving.

A letter signed by lawyer for Smarttys Management and Production Limited, Mr Kissi Agyebeng, to which the cheque paid into the account of the Economic and Organised Crime Office (EOCO) was attached said, «See attached a cheque intended as the settling of the agreed first instalment of three hundred thousand cedis drawn on the client's account of Cromwell Gray LLP.»

But Alhassan Tampuli speaking on the increase said apart from the effect of the hurricanes, the international price at which fuel currently sells also has had an impact on the price build - up as well as the cedi - dollar rate.

President Mahama, stated that «With the opening of this interchange on which at peak hours is used by about 80,000 vehicles and daily it is estimated to be used by about 200,000 vehicles, reducing travelling time between the Ring Road Central and Feo Oyeo Intersection towards the North Industrial Area from two hours to just approximately five minutes, not only are we saving hundreds of millions of cedis in time wasted by the delay and the travel time, but we are also stimulating business and economic activity,» he added.

Now, around the same time the volume of transaction on mobile money grew from about 51.4 billion in 2016 to 109 billion cedis as at September last year which represented a whooping 112 percentage growth.

The Minority had argued that the transaction between BOST and two unlicensed companies, Movenpiina and Zup Oil, which led to the distribution of about 5 million litres of contaminated fuel, was fraught with irregularities and possible corruption to the tune of 14.25 million cedis.

The car, which cost 150,000 cedis was received by the sector minister, Alan Kyeremanten at a short ceremony at the ministry in Accra.

The COPEC boss had alleged that persons connected to the BOST MD had threatened him after he uncovered a supposed shady deal at BOST which is believed to have cost the nation 23 million cedis in revenue.

This is because the Nana Addo administration has said revenue from oil and gas, as well as earnings from other mineral resources, will go into funding the policy, which is expected to eat up some 400 million Ghana cedis in its first year of implementation.

The cedi, which had been fairly stable in the second half this year, began slipping this month on speculative activity following the government's failure to meet its sale target for a six - billion - cedi energy bond.