{"id":5670,"date":"2019-10-31T13:42:00","date_gmt":"2019-10-31T13:42:00","guid":{"rendered":"https:\/\/www.africa-press.com\/ghana\/?p=5670"},"modified":"2019-10-31T13:42:00","modified_gmt":"2019-10-31T13:42:00","slug":"every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits","title":{"rendered":"Every Ghanaian knows we are broke \u2013 Ken Ofori-Atta admits"},"content":{"rendered":"<p><strong>Finance Minister, Ken Ofori-Atta<\/strong><\/p>\n<p><strong>The Misnister of Finance, Ken Ofori-Atta has admitted Ghana as a country needs money and every citizen of this country can attest to it.<\/strong><\/p>\n<p>The Minister who was speaking on Citi TV\u2019s \u2018Point of View\u2019 Wednesday evening indicated that the Akufo-Addo led administration met a budget deficit of 9.3% from the erstwhile Mahama government.<\/p>\n<p>He said, \u201cYou can\u2019t get away from the numbers\u2026 As to we declaring, we don\u2019t have money, every Ghanaian knew that we\u2019re broke when we came into power\u2026\u201d<\/p>\n<p>Speaking on the road sector payments and clamour for roads projects, Mr Ofori-Atta indicated that for the past two months the government has been putting so much into the roads sector.<\/p>\n<p>He averred that the delay in payment of the contractors was because the government was authenticating the contracts awarded to these contractors when they came into office.<\/p>\n<p>Mr Ofori-Atta reiterated that the government within the past two months has been paying road contractors about 1.6 billion cedis.<\/p>\n<p>He said about 80% of the 1730 contractors the government owe will be paid before the new month starts.<\/p>\n<p>\u201cWhat I have been able to do is 1.2 billion for road funds, 1.6 billion for the government of Ghana (GoG)\u2026 that in effect goes to bring some liquidity in the sector and construction can begin,\u201d he stressed.<\/p>\n<p>Mr Ofori-Atta further debunked the assertion that monies to be paid by the government does not include interest.<\/p>\n<p>\u201cI am not sure that is totally true because the Interim Payments Certificates (IPCs) we have seen are the IPCs we are then paying,\u201d the minister said.<\/p>\n<p>He noted, \u201cContractors have always felt that government does not pay on time and therefore load up in the pricing anyway\u2026 there is an issue of legacy payment that we are doing very well to pay\u2026\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister, Ken Ofori-Atta The Misnister of Finance, Ken Ofori-Atta has admitted Ghana as a country needs money and every citizen of this country can attest to it. The Minister who was speaking on Citi TV\u2019s \u2018Point of View\u2019 Wednesday evening indicated that the Akufo-Addo led administration met a budget deficit of 9.3% from the [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":5671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8],"tags":[3780,403,310],"class_list":["post-5670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","tag-every-ghanaian-knows-we-are-broke","tag-finance-minister","tag-ken-ofori-atta"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Every Ghanaian knows we are broke \u2013 Ken Ofori-Atta admits - Ghana<\/title>\n<meta name=\"description\" content=\"Finance Minister, Ken Ofori-AttaThe Misnister of Finance, Ken Ofori-Atta has admitted Ghana as a country needs money and every citizen of this country can attest to it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Every Ghanaian knows we are broke \u2013 Ken Ofori-Atta admits\" \/>\n<meta property=\"og:description\" content=\"Finance Minister, Ken Ofori-AttaThe Misnister of Finance, Ken Ofori-Atta has admitted Ghana as a country needs money and every citizen of this country can attest to it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-31T13:42:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/2019\/10\/Ken-Ofori-Atta.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"428\" \/>\n\t<meta property=\"og:image:height\" content=\"329\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"francis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"francis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits\"},\"author\":{\"name\":\"francis\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca\"},\"headline\":\"Every Ghanaian knows we are broke \u2013 Ken Ofori-Atta admits\",\"datePublished\":\"2019-10-31T13:42:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits\"},\"wordCount\":309,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/2019\/10\/Ken-Ofori-Atta.jpg\",\"keywords\":[\"Every Ghanaian knows we are broke\",\"Finance Minister\",\"Ken Ofori-Atta\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/every-ghanaian-knows-we-are-broke-ken-ofori-atta-admits\",\"name\":\"Every Ghanaian knows we are broke \u2013 Ken Ofori-Atta admits - 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