Finance ministry articles
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Finance Ministry: Government cuts will offer economic relief, but won't solve debt problems
While Finland is expected to emerge from a recession later this year, according to the ministry's forecast, positive GDP growth will only occur next year.
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Dumsor: Finance ministry failed to pay power generators over GH₵1.2 billion under the CWM – PURC report
The Public Utilities Regulatory Commission’s validation reports on the Cash Waterfall Mechanism (CWM) have revealed that the Finance Ministry owes some power generators about GH₵1.28 billion, as Ghana continues to grapple with erratic power supply. JoyNews’s checks and analysis of the PURC’s validation reports from August 2023 to February 2024 show that the Finance Ministry […]
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Space FDI: Finance ministry notifies FDI in space sector; gives better access to capital, say startups
The ministry of finance on April 16 notified Foreign Direct Investment (FDI) in the Space sector under the Foreign Exchange Management Rules which will now enable Indian space startups working on capital-intensive space products to now access a global pool of capital.The cabinet on February 21 had allowed 74% foreign direct investment (FDI) under automatic route for satellite manufacturing, upto 49% under automatic route for launch vehicles, and upto 100% under automatic route for manufacturing...