Government will soon introduce a procurement policy that will bond its agencies and large companies operating in the country to source majority of their raw materials and inputs from local producers once such inputs are available, Carlos Kingsley Ahenkorah, a Deputy Trade and Industry Minister, has said. “The policy will...
The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from 12.8 percent in March, the Ghana Statistical Service has announced. “The rise in inflation rate from 12.8 in March to 13 percent in April 2017 was mainly due to...
The Ministry of Finance has appointed new officers to key positions in the Ministry in a bid to help push the reforms the government intends to pursue. Overall four persons have been appointed to augment the work at the Ministry, including Ms Eva Mends, Eugene Asante Ofosuhene, Sampson Akligoh and...
Government must, as a matter of priority, be committed to employing the right number of qualified nurses into public health facilities, regardless of whether the bonding arrangement it has with trainee nurses is revoked, Dr. Justice Yankson, Deputy General Secretary of the Ghana Medical Association has said. More hands, he...
“The Mystery of Capital”, a book written by the Peruvian Economist Hernando De Soto, immediately comes to mind anytime one considers Ghana’s fiscal situation. This book examines the importance of the extralegal sector to the economy. The extralegal sector is made up of assets, properties and businesses that fall...
Optimal Reserve Ratio (Gold Reserve / Foreign Reserve)-Targeting (30%) , in tandem with Inflation-Targeting  The present Government's Cedi stability policies are recycled from 2000 - 2008 (Pre - Global Financial Crisis), and inappropriate for today's global monetary environment (Quantitative Easing dilutes Ghana's Cash Reserves), and some negative nominal interest rates...