Fiscal Path, Key For Ghana’s Credit Profile
Ghana’s ability to maintain its recent progress on fiscal consolidation will be an important factor in sovereign ratings assessment following ...
Tag: Fiscal policy
Chinese Nursing Home Pays Relatives To Visit
It costs up to $5,300 per year for an individual to stay at the non-profit facility. A nursing home in ...
Govt Must Be Careful of Overspending In Election Year
Despite government’s efforts at achieving a budget deficit of 5.0 percent as at September, there are worries that the figure ...
Deficit Threat Comes Alive As Voting Day Looms
Without exception, all the major international ratings agencies have predicted a budget deficit overrun in 2016, a projection that has ...
Ghana Will End Year With Debt-To-GDP Below 70%
Finance Minister Seth Terkper has disclosed the country is likely to end the year with a public debt-to-gross domestic product ...
Gov’t Borrows GHC6.2bn More In Just 3 Months
Data from the Bank of Ghana (BoG) indicates that Ghana’s public debt went up by GHC6.2billion between July and September, ...
ICU Worried Over Ghana’s GHC112.4b Debt Rate
The Industrial and Commercial Workers Union (ICU) has raised concerns over the need for the government to immediately take steps ...
EU Warns Eight Nations On Budget Deficit
The European Commission has warned that eight eurozone countries, including Italy, are at risk of breaking EU rules because of ...
Fiscal Deficit To Hit 6.2 Percent In 2016
Some economists have predicted that Ghana will end this year (2016), with a budget deficit of 6 percent to GDP. ...
Terkper Warns Banks To Demand Contract Budgets From MDAs
The Finance Minister, Mr Seth Terkper, has charged banks to conduct due diligence on loan applications by contractors and suppliers ...
Ghana’s Economy In Tatters – ISSER
Professor Felix Asante, Director of the Institute of Statistical, Social and Economic Research (ISSER) has indicated that signs on the ...
Election Blues Trouble Investors As Fiscal Deficit Increases By 89%
Disappointing revenue performance and increased capital expenditure have pushed up the country’s fiscal deficit to more than GHC4.69 billion as ...
Tunisian Lawyers Go On Strike Over New, Austerity-Driven Taxes
Thousands of Tunisian lawyers went on strike on Friday to protest at new taxes and tighter fiscal controls on their ...
GHC2bn Deficit Is Blow To Economy – Economist
Economist, Dr. Lord Mensah has criticized the almost 2 billion cedis budget deficit in the advance expenditure appropriation presented by ...
Check Rising Debt Levels – Dalex CEO Tells Government
Government has been advised to check the country’s rising debt stock. Chief Executive Officer (CEO) of Dalex Finance, Ken Thompson, ...
Government Must Declare Unplanned Expenditure In 2017 Budget
As the Finance Minister prepares to present a first quarter 2017 budget to parliament on Thursday, Economist Dr. Ebo Turkson ...
Gov’t May Not Be Able To Tackle Public Debt In Good Time
Chief Executive of Dalex Finance, Ken Thompson, has cast doubt over government’s ability to tackle the public debt in good ...
Ghana Makes Progress In Management of Economy
The International Monetary Fund (IMF) has stated that Ghana is making progress in its economic management but cautioned that the ...
Ghana Riding On Bumpy Path To Economic Recovery
The International Monetary Fund (IMF) has stated that Ghana was making progress in its economic management but cautioned that the ...
Debt, Spending Spree Worsening
With two months to the December general elections in Ghana, analysts and development partners have expressed concerns about Ghana’s worsening ...