Huge revenue losses associated with the outbreak of COVID-19 and projected losses due to the impact of the pandemic has pushed government to downgrade its Gross Domestic Product (GDP) growth from 6.8 percent to 0.9 percent. This was announced by the Minister of Finance Ken Ofori Atta during the presentation...
The Minister of Finance, Ken Ofori Atta, has announced that plans are advanced for the launch of a GH₵100 billion development programme aimed, among others, to revitalize the local economy, at the back of the difficulties brought by the outbreak of the coronavirus pandemic. The three and half years programme,...
Former Finance Minister Seth Terkper has demanded that the government presents accurate and transparent data about the economy’s true situation - especially with respect to the deficit figures as it prepares to present the mid-year budget this week. His comments come on the back of concerns raised by the minority...
Is deficit financing back? BOG 2020 budget deficit support at 53%? It seems the Bank of Ghana (BOG) May 2020 Monetary Policy Committee (MPC) Report cites the US Fed and US Treasury to prepare our minds for a significant shift its past conservative fiscal stance to an aggressive one....