Labour Expert, Austin Gamey has said that the current status quo where the inflation rate is a key determinant in the adjustment of public sector salary needs to change.
According to him, the mode of adjustment being practiced in the country does not only deviate from international standards but also breeds...
The Institute for Fiscal Studies (IFS), a fiscal policy think-tank, has called for the state to take over the commanding heights of Ghana’s extractive sector to increase government revenue generation from the nation’s mineral and oil resources.
The Institute said compared with other developing economies, Ghana’s revenue generation from the...
The Youth Climate Council (YCC), a unified climate youth movement to amplify youth voices and create opportunities for young climate activists in Ghana has been launched.
The Youth Climate Council's focus and priority is to provide services to strengthen activism and the impact of its members.
The YCC was unveiled at...
The Minister for Employment and Labour Relations, Ignatius Baffour-Awuah, has expressed worry over the growing number of the aged who are not covered by any form of pension scheme, hence have to depend on the working population to survive.
According to him, out of 11.9 million workers, less than 2...
As part of activities to programme the European Union’s Neighbourhood Development and International Cooperation Instrument (NDICI) 2021-2027, a stakeholders’ meeting has been held between The Economic Community of West African States, ECOWAS and the UEMOA Commission within the framework for the West African Region.
The meeting also marked the launch...
A projected amount of over GH¢2.5billion of oil revenue will be allocated to government through the Annual Budget Funding Amount (ABFA), following approval of the 2022 Budget by Parliament.
This on the back of an estimated petroleum benchmark revenue of US$1,006.1million for 2022. It is made up of Royalties of...
A Deputy Minister for Finance, Dr. John Kumah, has warned that the Finance Ministry will not support state agencies that fail to meet the reporting requirements specified in the Public Financial Management (PFM) Act, its regulations and the State Interests and Governance Authority (SIGA) Act.
“In consultation with the Minister...
The World Bank has advised African governments not to adopt too-stringent rules of origin for initial stages of the African Continental Free Trade Area (AfCFTA), as such a move will restrict growth of the trade pact.
The report, titled ‘Africa in the New Trade Environment’, says given the fact that...
A successful process of raising funds for your business is the first step towards achieving success. Your business may not be able to materialize productive investment opportunities without access to easy and timely finance.
Whether it’s a start-up or an expansion, financing is a crucial step towards business success. Generally,...
PREAMBLE
In any economic structure, debt is used at three main levels: the government level as captured in a nation’s fiscal policy for economic development, the corporate level for organisations’ capital injection, and the individual level for personal financial support.
PUBLIC SECTOR DEBT
State revenues are most often insufficient to finance...