BoG will Act If Inflation Goes Out of Target Band, Governor Assures
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has assured that his outfit will be required to act on its policy rate decisions if it senses a ...
Tag: GDP
Use 2022 Budget to Reset Fiscal Policy– Dr. Addison
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has urged the government to use the 2022 budget statement to reset fiscal policy to create a more trustworthy ...
Taxes on international trade reach 5-year high in 2020
International Trade Taxes, one of the major components of Non-Oil Tax Revenue, recorded a significant improvement in 2020, despite the outbreak of the COVID-19 which disrupted global supply chains. According ...
Domestic revenue plunges to lowest levels in 6 years
Domestic revenue mobilization continues its unstable path with so much inconsistencies over the years despite efforts to raise it in order to limit the reliance on external financing. In 2020, ...
Ghana: Consumer spending to fully recover from COVID impact in 2021- Fitch Solutions
Ghana’s consumer spending, after contracting in 2020 due to the impact of the COVID-19 pandemic, has picked up strongly since the beginning of the year and is forecast to fully ...
Pace of recovery slower than expected, 5.1% growth unlikely unless growth momentum picks up – Dr. Said Boakye
A Senior Research Fellow at the Institute of Fiscal Studies (IFS) has cast doubt on Ghana meeting its projected 5.1% GDP growth this year considering the pace of recovery after ...
Gov’t mobilizes GHC413.6 million from self-employed in 2020
Recent data from the Ghana Revenue Authority (GRA) show that the government was able to mobilize GHC413.6 million from the self-employed last year. According to the GRA, revenues from the ...
Investment in Infrastructure Key to Economic Development- Deputy Governor
Dr Maxwell Opoku-Afari, the First Deputy Governor Bank of Ghana, has noted that significant investment in key sectors of the economy is needed to achieve economic transformation. According to the ...
Ghana’s economy in a difficult state- IFS
The Institute of Fiscal Studies (IFS) has ascertained that Ghana’s fiscal economy is in a difficult condition, as a result of government’s incapacity to mobilize adequate revenues, re-expenditure management problems ...
Current account to worsen over the next five years
The International Monetary Fund (IMF) expects Ghana’s current account balance to worsen over the next five years after reviewing developments in the local and global economies. According to the ...
Copyright © 2021 The Vaultz News. All rights reserved.
