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Ghana agrees to toe the IMF line after its “bailout programme” ends

Ghana agrees to toe the IMF line after its “bailout programme” ends. “As the country attempts to keep spending under the control, it is implementing policies to make it more attractive for private investors to participate in the development of roads, railways and ports, said [Finance Minister Ken Ofori-Atta].”

Source: www.bloomberg.com

Opposition leader called for a guarantee of tenure and employment security for the workers of ECG

Parliament has ratified the concession agreement between the government of Ghana and the consortium of investors led by the Manila Electric Company for private sector participation in the Electricity Company of Ghana. .” Opposition leader Haruna Iddrisu “called for a guarantee of tenure and employment security for the workers of ECG, saying the country must jealously guard their employment security. He said the House should also be informed of how much each of the partners in the consortium is contributing by way of investments to the arrangement.”

Source: Ghana Business News

Parliament has approved ECG Privatisation Agreement

Parliament has approved the concession agreement between the government and the consortium of investors led by the Manila Electric Company for private sector participation in the Electricity Company of Ghana (ECG). “Ghana and the United States of America, acting through the Millennium Challenge Corporation (MCC) entered into a Millennium Challenge Compact which among others spelt out the involvement of private players in ECG. ECG will grant a concession to a private investor or operator to manage the operation of the distribution business, including financing and procuring new investments, or partial or full privatization.”

Source: www.gbcghana.com

Documents (1)

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Tax, Education Privatization and the Right to Education: Influencing Education Financing In Ghana

This report has been commissioned by ActionAid Ghana and its main purpose is to examine education financing and the promotion of the Rights to Education (RTE) in Ghana through the provision of adequate financing to the sector. The report concludes that this can only be achieved by government fulfilling its financing commitments, compelled by citizen activism. The report outlines broader issues which must be addressed in order to achieve these rights, through legal accountability of central Government to education financing; improved quality of learning and increased resources for public schools. Ultimately, this report seeks to achieve, amongst other things, a better and fairer financing for free public education for all in Ghana.

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