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...
With governments the world over being held more accountable by their citizens and investors for higher environmental, ethical and social standards, the 2023 budget statement and economic policy must include a clear and viable path on climate action, access to affordable and clean energy, and quality education. This is a...
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)...
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....