Browsing: Finance
Dr. Forson emphasised the need to cut wasteful spending, urging decisive action to stabilise the economy. “We need to cut the waste! The time is now. We must work in a way that stabilises inflation, the exchange rate, and creates jobs.”
The latest Public Finance Review of Ghana’s economy report launched by the Bank highlights the urgent need for Ghana to reset its fiscal strategy by boosting domestic revenue, rationalizing tax exemptions, and enforcing stricter expenditure controls
The report, however, noted that Ghana has made progress toward economic stabilisation but warned that more needs to be done to meet monetary and fiscal targets and create lasting fiscal space.
In the meantime though Ghanaian cocoa farmers and industry officials expect a boost in the 2024/2025 season due to improved weather conditions and some rehabilitation efforts.
Ghana’s Ministry of Finance has published a major new report – A review of Ghana’s value-added tax (VAT) system.…
A delegation from the International Monetary Fund (IMF) has arrived in Accra, Ghana for crucial discussions with government officials. The…
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has described the global economy’s ability to reduce inflation…
Dean of the University of Professional Studies, Accra (UPSA) Law School, Professor Ernest Kofi Abotsi has stated that the new…
Former Finance Minister Dr Mohammed Amin Adam has urged his successor, Dr Cassiel Ato Forson, to accelerate Ghana’s tax…
Following the conclusion of minimum wage negotiations, discussions will shift to the base pay for public sector salaries, which is a critical aspect of wage determination for the Government of Ghana’s workforce