Tag: Fiscal consolidation

The government's plan to collect GH¢143.1 billion in taxes for 2024 is at risk due to a potential shortfall of GH¢1.8 billion caused by suspending the 15% VAT on residential ...

Associate professor of economics at the University of Ghana, Prof Ebo Turkson, has called on the government to increase fees of tertiary students in public universities. According to him, the ...

The Governor of the Bank of Ghana, Dr. Ernest Addison, has called on the International Monetary Fund (IMF) to enhance its lending framework to provide critical support to Africa’s debt ...

Dr. Said Boakye, a Senior Research Fellow at the Institute of Fiscal Studies (IFS) has indicated that Ghana will secure an International Monetary Fund programme despite the slow pace in ...

Ken Ofori-Atta, Minister for Finance, has disclosed that Government is finalizing a-seven-pillar Post-COVID-19 economic programme as the domestic blueprint to engage the IMF According to the Finance Minister, the economic ...

Dr. Ernest Addison, Governor of the Bank of Ghana (BoG) has stated that a strong fiscal consolidation is needed to reduce the high cost of borrowing in the country. According ...

Ghana’s stock of public debt has continued to rise, even though at a slower pace, gradually pushing it further above sustainable levels. According to data from the Bank of Ghana, ...

The government expects its revenue mobilization measures to yield massive results within the medium-term. As a result, it expects to mobilizeGH¢89.1 billion (17.9% of GDP) as total revenue, including Grants ...

The government of Ghana is expected to raise not less than GHȼ 44.15 billion in the second half of the year (H2), between July and December, to be able to ...

The Credit Ratings Agency, Fitch Ratings has observed that Ghana risks exposing itself to a heavy debt-service burden and fiscal slippages following the 2021 budget presented on the 12th March ...