Deficit reduction in the United States

Growing Economy Is the Best Debt Management Strategy- Economist

by

As the Nana Akufo-Addo administration prepares to govern the nation, one major challenge it will face is the management of Ghana’s growing debt stock. By September this year, Ghana’s total debt stock had hit GH¢112.4 billion, while the budget deficit which is currently at 5 percent of GDP is predicted to grow by 1.5 percent … Read more

Will Economy Impact Ghana’s Presidential Elections? [Article]

by

For some, the state of the economy matters most when it comes to presidential elections, perhaps more important than tribe and ethnicity. Electoral wins could be down to luck. Research has found that the economy matters less when the race for the presidency is wide open as seen in the just ended presidential elections in … Read more

Election Blues Trouble Investors As Fiscal Deficit Increases By 89%

by

Disappointing revenue performance and increased capital expenditure have pushed up the country’s fiscal deficit to more than GHC4.69 billion as of the end of July this year, creating uneasiness among businesses as the country heads to the polls in December. The deficit, which is GHC1.7 billion more than what the government had planned for the … Read more

National Budget, Your Budget

by

Be guided, and not put off by budget statements, says Bernard Otabil. As we prepare for another budget statement by the Government, this time looking at 2017, there is every reason for you to be curious. Of course you must be probing because every aspect of the budget affects you as the national budget is … Read more

Focus On Agric For Real Development

by

Head of Economic Division at the Institute of Statistical, Social and Economic Research (ISSER), Dr. Charles Ackah, has observed that until government turns its focus on agriculture and manufacturing, it will never achieve the kind of development the country needs. According to him, Ghana’s oil find cannot be the saviour of a buoyant economy, given … Read more

Explain GHS1.7bn Shortfall In Budget – Bawumia Tells Gov’t

by

Dr. Mahamadu Bawumia, the vice presidential candidate of the New Patriotic Party (NPP), has called on government to explain to a discrepancy of GH¢1.7 billion in the 2016 Supplementary Budget to Ghanaians. Speaking at a recent lecture at the National Theatre in Accra, Dr Bawumia stated: “The 2016 supplementary budget has further muddied the waters … Read more