{"id":394936,"date":"2017-06-08T15:17:13","date_gmt":"2017-06-08T15:17:13","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/06\/08\/inviting-ofori-atta-over-2-25bn-was-needless-kwarteng\/"},"modified":"2017-06-08T15:17:13","modified_gmt":"2017-06-08T15:17:13","slug":"inviting-ofori-atta-over-2-25bn-was-needless-kwarteng","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/06\/08\/inviting-ofori-atta-over-2-25bn-was-needless-kwarteng\/","title":{"rendered":"Inviting Ofori-Atta over $2.25bn was needless &#8211; Kwarteng"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p>A\u00a0Deputy Minister\u00a0for Finance, Mr Kwaku Kwarteng, thinks that it\u00a0was needles for the minority members of parliament to have invited\u00a0the Minister of Finance, Mr Ken Ofori-Atta\u00a0to the House over\u00a0the $2.25 bond issue.<\/p>\n<p>&#13;<\/p>\n<p>To him, the minority from the National Democratic Congress\u00a0(NDC) side\u00a0who orchestrated the minister\u2019s invitation, did not read well, the documents relating to the bonds and that,\u00a0if they had read the bonds document well, they would not have invited Mr Ofori-Atta to the House.<\/p>\n<p>&#13;\n\t\t\t<\/p><\/div>\n<div id=\"\">\n<p>In a radio interview on Accra based Neat FM Thursday, Mr Kwarteng\u00a0said the NDC MPs had been giving conflicting figures on the bonds, explaining that the conflicting figures that the NDC MPs had been giving showed their lukewarm attitude towards reading.<\/p>\n<p>&#13;<\/p>\n<p>He stated that the lukewarm attitude of\u00a0minority members of parliament towards reading was costing the country a lot of money.<\/p>\n<p>&#13;<\/p>\n<p>According to him, the\u00a0state was spending a lot of money on parliamentarians for them to represent their people, adding, he said it was sad that the NDC MPs were letting such huge sums of money spent on them go\u00a0waste on trivial issus.<\/p>\n<p>&#13;<\/p>\n<p>He said the NDC MPs could have saved parliament money if they had taken their time to read the document for which they invited the Finance Minister, Mr Ken Ofori-Atta to the house on Wednesday, June 7, 2017.<\/p>\n<p>&#13;<\/p>\n<p><strong>Bonds\u00a0<\/strong><\/p>\n<p>Mr Ofori-Atta\u00a0was in Parliament on\u00a0Wednesday\u00a0over the $2.25-billion bond issued by the government<\/p>\n<p>&#13;<\/p>\n<p>Read also; Finance Minister defends $2.25bn bond <\/p>\n<p>On the other hand, the majority side in parliament has lauded the bonds as a best bet for Ghana, as they had earned the country the biggest amount to be secured in a day in sub-Saharan Africa.<\/p>\n<p>&#13;<\/p>\n<p>The Majority Leader, Mr Osei Kyei-Mensah-Bonsu, said the market considered the brighter prospects of the bonds, hence the positive response that they attracted.<\/p>\n<p>&#13;<\/p>\n<p>He said the strategy behind the bonds issue was crucial, as it would not add any debt to the country&#8217;s debt portfolio.<\/p>\n<p>&#13;<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t              <!-- new position --><br \/>\n          <!-- new position end -->\n\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A\u00a0Deputy Minister\u00a0for Finance, Mr Kwaku Kwarteng, thinks that it\u00a0was needles for the minority members of parliament to have invited\u00a0the Minister of Finance, Mr Ken Ofori-Atta\u00a0to the House over\u00a0the $2.25 bond issue. &#13; To him, the minority from the National Democratic Congress\u00a0(NDC) side\u00a0who orchestrated the minister\u2019s invitation, did not read well, the documents relating to the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-394936","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inviting Ofori-Atta over $2.25bn was needless - Kwarteng - Ghanamma.com<\/title>\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.ghanamma.com\/2017\/06\/08\/inviting-ofori-atta-over-2-25bn-was-needless-kwarteng\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Inviting Ofori-Atta over $2.25bn was needless - Kwarteng - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"A\u00a0Deputy Minister\u00a0for Finance, Mr Kwaku Kwarteng, thinks that it\u00a0was needles for the minority members of parliament to have invited\u00a0the Minister of Finance, Mr Ken Ofori-Atta\u00a0to the House over\u00a0the $2.25 bond issue. &#013; 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