Tag: fiscal deficit

In its latest outlook, the World Bank has projected a cautious path for global economic growth in 2024, citing various factors that continue to weigh on expansion.  The forecast anticipates ...

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 ...

Economist, Prof Lord Mensah, has highlighted the feasibility of the 24-hour economy policy proposed as a gamechanger for Ghana's economy by the flagbearer of the National Democratic Congress (NDC), John ...

As the popular saying goes, “the chickens are finally coming home to roost,” so is the Deputy Finance Minister, Dr John Ampontuah Kumah, under whose watch the economy melt down ...

Analysis from the data released by the Ghana Statistical indicated that Ghana’s expenditure plan for the 2023 fiscal regime has a deficit figure of $61 billion, revealing how meagre the ...

The government of Ghana is very much on course with its expenditure rationalization efforts as provisional fiscal data show that both the overall fiscal deficit and the corresponding primary balance ...

An economist at the University of Ghana, Professor Ebo Turkson, has expressed the need for government to equip and support domestic producers in the country with what they need to ...

The government has revised its expenditure and revenue targets for the 2022 fiscal year which resulted in a fiscal deficit of 6.6% of GDP compared to the 7.4% targeted at ...

The Economist Intelligence Unit (EIU) has projected that it expects government spending to fall as a proportion of GDP in 2022-23, before rising in 2024, driven by election-related outlays. According ...

Asset management company, Tesah Capital, has expressed concerns over Ghana’s bulging public debt stock which it expects to continue its elevated path until the end of the year. Tesah Capital ...