Tag: Budget Deficit

Government borrowing surged to £3.1 billion last month, more than double the figure recorded in the same period last year, as increased spending on public services and welfare strained the ...

Like clockwork, governments in Ghana have developed an alarming habit of throwing fiscal discipline out the window in the run-up to elections. It's a spectacle that repeats itself with troubling ...

Lord Mensah, a Professor at the University of Ghana Business School, has thrown a subtle jab at the managers of economy, specifically Ken Ofori-Atta, the Finance Minister, suggesting that his actions ...

An Economist and Professor of Finance, Godfred Bokpin, has disclosed that the International Monetary Fund’s Executive Board reluctance to approve Ghana’s $3 billion bailout is due to the country’s significant ...

The increase in monetization of the fiscal deficit poses an upside risk to inflation. According to GCB Capital and Investment Bank, unless the Monetary Policy Committee (MPC) of Bank of ...

The Bank of Ghana is projecting that government will need to borrow  GH¢852 million in the final week of 2020 as the government boosts the sale of treasury securities to cover record ...

The Head of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana has asserted that the best action by government to prevent the collapse of businesses in ...

A Senior Manager at KPMG has said that financing of the country’s budget deficit post-COVID-19 will put pressure on the country’s economy.   Notwithstanding the approval of ¢85.9billion at the ...