The New Patriotic Party government, His Excellency Nana Addo Dankwa Akufo-Addo is through with the E-levy initiative, which is now running. Initially, some Ghanaians didn’t really understand the concept but now, most people has grasp the concept.
We can recall that, the Finance Minister of Ghana, Honorable Ken Ofori-Atta sometime ago was championing the Agyapa deal, which most Ghanaians especially the opposition NDC were against, but according to him, his mind is still on the Agyapa deal.
The Finance Minister issued some comments the report that came that, Minerals Income Investment Fund is redesigning its strategy for listing its wholly owned subsidiary(Agyapa Royalties) on the Ghana and London Stock Exchange. This follows after it was named the best financial institution in the mining sector, by Forbes Monaco, the French-based publication.
The Finance Minister addressing a press conference recently revealed that, he is of the philosophical belief that the capital markets in the Country are meant for something that will aid us to achieve equity resources and we are not leveraging on it.
He therefore believes it has never been the question of whether monetization of the mineral royalties or listing of the is in a bad or good state.
He said this below;
“It is good because that is how you raise the resources. If you have a problem with the process just articulate it, lets cure it but let us not drop something that will be good for us that will reduce our debt exposure. My mind is still there(Agyapa Royalties), I know the president has mentioned something about that going through the AG, Parliament to do that.
From the above admissions of the Finance Minister, Agyapa Royalties deal may be next.
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