Economist and professor of Finance at the University of Ghana, Professor Godfred Bokpin, says stakes are extremely high for the 2023 budget and economic policy statement to be presented to parliament by Finance Minister Ken Ofori-Atta, as it has to respond to multiple stakeholders. Speaking to Business and Financial Times...
This article discusses the multitude of uncertainties the Ghanaian economy is facing, putting them in perspective with a historical account of key government decisions and economic trends over the past few years. An attempt is herein made to recommend actions which can be considered in areas such as trade,...
Review anti-business taxes The 2023 budget and economic policy must prioritise economic stability and recovery, with local solutions at the centre, says the Ghana National Chamber of Commerce and Industry GNCCI and the Association of Ghana Industries (AGI). While calling for a review of what they described as not-too-business-friendly taxes...
Vice President Dr. Mahamamudu Bawumia has assured that government is not relenting its efforts to resolve the hard times which have characterised the Ghanaian economy recently. The country, which was on the path to recovery from the ruins of the COVID-19 pandemic that exacerbated existing fiscal and socio-economic challenges, took...
The International Monetary Fund as well as the International Bank for Reconstruction and Development, popularly known as the World Bank - (together called the Bretton Woods institutions because they were conceived out of a UN Monetary and Financial Conference that took place in that US tourist resort from July...
The Institute of Economic Affairs (IEA) has advised government of the need to rebalance its budgetary allocations from compensation to capital expenditure in a bid to drive economic growth. Government spending is currently strongly biased toward recurring expenses rather than capital ones - which results in incorrect prioritisation of expenses...
According to the Alternative Dispute Resolution Act, 2010 (Act 798) (‘the ADR Act’), Alternative Dispute Resolution (ADR) is a collective description of methods for resolving disputes other than the normal traditional court system. ADR has proven to be an effective means of resolving tax disputes. In other jurisdictions such...
SNV Ghana has organised a Curriculum Vitae (CV) Review Clinic under the GrEEn project ahead of 2022 Green Job Fair in the Western Region at Takoradi. Job seekers across the Western Region who attended the event had their CV’s edited to suit what employers are looking for, and were also...
Abstract: African countries depended less on foreign currency to maintain the wheels of government and society in the early days of the post-colonial era. However, in the form of modernization and dependency, the global West exported its development model to the global South and its periphery after World War II...
Finance Minister Ken Ofori-Atta has categorically denied dishonestly misreporting economic data to parliament. The allegation of deliberately misreporting economic data to parliament is completely not true, he said, responding to a censure motion filed by the Minority. Contrary to the position of others that the ministry did not reflect the Finsec...