The country improved marginally on budget transparency – scoring 56 out of 100 – indicating public access to information on how the central government raises and spends public resources, the Open Budget Survey (OBS) has revealed.
This is an increase from 54 recorded in 2019. The Open Budget Survey (OBS)...
Amid improved rainfall which has been better than the previous year, market watcher, Databank, anticipates that a better food harvest season could tame the rise in food inflation from the latter part of the third quarter to the fourth quarter.
Although food inflation in June 2022 extended its gains by...
The Producer Price Inflation (PPI) rate has recorded a marginal decrease of 0.8 percentage points as the ex-factory prices of goods and services hit 12.8 percent in December 2021, recently-released provisional data from the Ghana Statistical Service (GSS) has shown.
The figure represents year-on-year rate of change from December 2020...
The post COVID world has been observing massive heights in product price/inflation. However, it remains a grey area if the trajectory is long or short. Let’s first go through detrimental aspects of inflation in terms of the economic environment, global supply chain, policy regulations, demand factors, cost-push factors, rising...
Finance Minister, Ken Ofori-Atta, indicates that government has officially written to parliament on modifications that has been made to the 2022 budget.
According to the Minister, modifications have been made to four key issues out of the five raised by stakeholders including the Minority including Agyapa Royalties deal, tidal waves...
As the finance minister engages stakeholders in preparing the 2022 national budget, civil society organisation ‘Economic Governance Platform’ (EGP) has advised government to make debt sustainability a key factor in its economic policy going forward.
The group made the call after releasing a report that assessed the country’s growing debt...
For the economy to have a speedy and steady recovery from the pandemic’s impact, there is a need for government to use innovative means to generate more domestic revenue in order to close the gaping fiscal gap that has stemmed from rising expenditure, a report by the research department...
-A step in fighting money laundering and terrorist financing.
“Not guilty on until proven guilty in a court of competent jurisdiction”. This is a common statement in various spheres of the legal fraternity and also in any community where justice takes centre stage of events. However, that statement brings...
An open letter to the Minister for Finance and Economic Planning
Can we afford a Ghana with: no bad roads; decent homes for the working class; free quality tertiary education; an efficient, free national health care system; clean cities; decentralised infrastructure; full employment; a social safety net for the vulnerable...
The Union of Industry Commerce and Finance Workers (UNICOF), one of the youngest and well managed labour unions, is making great impact in the formal and informal sectors of the economy.
An offshoot of Industrial and Commercial Workers Union (ICU), UNICOF has well strategized mission and vision which have made...