Tag: 2021 Budget Statement and Economic Policy

The annual nominal growth in Foreign Currency Deposits rose to 20.2 percent in February 2021, up from 8.5 percent in January 2021. However, this is lower than the 22.0 percent ...

The Bank of Ghana has assured that the Ghanaian economy is on a rebound with sustained momentum in a pick-up in economic activity.  According to the Bank, its updated Composite ...

The Bank of Ghana has projected headline inflation to return to the target band in the second quarter of the year.  The Bank, however, indicated that the risks to inflation ...

The Minister of Information, Mr Kojo Oppong Nkrumah has said the COVID-19 Health Levy introduced by the government in the 2021 Budget Statement is not for the free water and ...

Professor Peter Quartey has backed the government’s decision to tax the gaming sector. According to him, a lot of people are now moving from lotteries to the online gaming activities. ...

The government of Ghana mobilized a total amount of GH¢101,473,232.60 from the COVID-19 National Trust and the COVID-19 Private Sector Funds. The total amount raised came from GH¢ 57,134,093.58 from ...

The government of Ghana expects inflation to end the year 2021 at 8.0 percent. This will be in consonant with the medium-term inflation target band of 8±2 percent. Whilst this ...

An Economist and Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey expects the Monetary Policy Committee (MPC) of the Bank of Ghana to maintain the ...

Government’s decision to impose new taxes in 2021 does not seem to go down well with majority of Ghanaians.  Many experts are of the view that instead of introducing new ...

The government has proposed the introduction of a COVID-19 Health Levy and a Sanitation and Pollution Levy in the 2021 budget. The proposal involves the payment of 10 pesewas on ...