Some economists are predicting that commercial banks across the country will soon reduce their interest rates. Figures from the Bank of Ghana (BoG) show that the 91 day Treasury bill is at 12.5 percent while that of 182 days is at 12.9 percent. Following the decline, there have been concerns over why interest rates on … Read more
An economist at the University of Ghana (UG) has proposed that tax reforms should be based on evident-based models, which are able to predict how much the country will benefit from them. Professor Robert Darko Osei of the Institute Statistical, Social and Economic Research (ISSER-UG) argued that though the recently announced tax reliefs are geared … Read more
Ghana has recorded massive fiscal deficits for 49 years due to reckless public spending and mismanagement by successive governments. This was made known in a book co-authored by about 35 economists from the University of Ghana, Legon on the country’s economy over the last 60 years. Titled: ‘The Economy of Ghana Sixty Years After Independence’ … Read more
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation will shoot up in the coming months if there is a further delay in the release of the IMF bailout cash. ISSER argues, government’s decision to borrow more to meet expenditure like wages in an election year … Read more
An Economist with the Institute of Statistical, Social and Economic Research, (ISSER), Professor Robert Darko Osei, is cautioning of a further increase in interest and inflation rates over a further delay in the release of the IMF bailout cash. He argued that, government’s decision to borrow more to meet expenditure like wages in an election … Read more