• Latest
  • Trending
Akufo-Addo directs release of ¢1.5 billion bailout for victims of banking sector clean-up

Akufo-Addo directs release of ¢1.5 billion bailout for victims of banking sector clean-up

June 24, 2024
I have been tested in difficult times, and I have delivered- Bryan Acheampong

I have been tested in difficult times, and I have delivered- Bryan Acheampong

August 27, 2025
Time for Change: Double Track System a Threat to Quality Education

Time for Change: Double track system a threat to quality education

August 27, 2025
I won’t be a candidate in next election- Mahama Vows

I won’t be a candidate in next election- Mahama vows

August 27, 2025
Ahiagbah demands tougher action from police to curb electoral violence

Ahiagbah demands tougher action from police to curb electoral violence

August 27, 2025
NPP Alleges NDC plot to intimidate voters in Akwatia ahead of By-Election

NPP alleges NDC plot to intimidate voters in Akwatia ahead of by-election

August 27, 2025
No confirmed deaths in Oti typhoid outbreak — Health Director refutes claims

No confirmed deaths in Oti typhoid outbreak — Health Director refutes claims

August 27, 2025
Economist calls for greater investment in Ghana’s agric sector

Economist calls for greater investment in Ghana’s agric sector

August 27, 2025
GES refutes claims of Teacher Kwadwo’s return to classroom

GES refutes claims of Teacher Kwadwo’s return to classroom

August 27, 2025
Ridge Hospital Assault: There was no evidence of fracture on injured Nurse- Committee claims

Ridge Hospital Assault: There was no evidence of fracture on injured Nurse- Committee claims

August 27, 2025
NPP raises alarm over thugs’ infiltration and demands police accountability ahead of Akwatia by-election

NPP raises alarm over thugs’ infiltration and demands police accountability ahead of Akwatia by-election

August 27, 2025
NPP raises alarm over thugs’ infiltration and demands police accountability ahead of Akwatia by-election

NPP raises alarm over thugs’ infiltration and demands police accountability ahead of Akwatia by-election

August 27, 2025
Gov’t to fully implement Ridge Hospital Assault Report—Health Minister vows

Gov’t to fully implement Ridge Hospital Assault Report—Health Minister vows

August 27, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Akufo-Addo directs release of ¢1.5 billion bailout for victims of banking sector clean-up

in News, Top Story
Akufo-Addo directs release of ¢1.5 billion bailout for victims of banking sector clean-up

Akufo-Addo directs release of ¢1.5 billion bailout for victims of banking sector clean-up

Share on FacebookShare on TwitterShare on Whatsapp

President Akufo-Addo has ordered the Finance Ministry to allocate ¢1.5 billion to support customers impacted by the banking sector clean-up.

Finance Minister Dr. Mohammed Amin Adam announced this directive over the weekend at a UK Town Hall meeting, stressing that the funds must be disbursed by October.

He emphasized that the government prioritizes the welfare of the Ghanaian people, but clarified that individuals are responsible for their own investment decisions, not the government.

“Ideally, government should not be held responsible for the investment decisions of individuals, but this government is so caring.

“Mistakes were made and people were not well-informed, and they didn’t know who to consult to be advised, but we also know that the people who are affected are suffering, and we have heard that some people have died and others had to commit suicide”.

“This government is so caring that in the first place, we granted some bailout to all the affected and I want to tell you again that the President has directed that we do another bailout.

“So between now and October, we will release 1.5 billion Ghana Cedis to the affected people,” he said.

Dr. Amin Adam also announced the successful completion of Ghana’s debt restructuring program with its official creditors.

The Member of Parliament for Karaga noted that the government has successfully restructured $5.1 billion of debt with these creditors and completed the restructuring of $13.1 billion with Eurobond holders.

Tags: ¢1.5 billion bailoutDr. Mohammed Amin AdamFinance MinistryPresident Akufo-Addo

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Christ Embassy Headquarters in Lagos catches fire.

Next Post

Dr Papa Kwesi Nduom demands return of GN Bank’s licence and asserts from BoG

Next Post
Nduom petitions John Mahama to reinstate GN Bank if NDC wins December polls

Dr Papa Kwesi Nduom demands return of GN Bank's licence and asserts from BoG

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

Happy Ghana

Recent News

  • I have been tested in difficult times, and I have delivered- Bryan Acheampong
  • Time for Change: Double track system a threat to quality education
  • I won’t be a candidate in next election- Mahama vows
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.