53.8% cedi depreciation adds GH₵93bn to public debt this year
The depreciation of the cedi, which has lost about 53.8 percent of its value since the beginning of the year has increased public debt by GH₵93 billion.
Finance Minister Ken…
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2.5% VAT increase and impact on businesses, consumers
Mr Ken Ofori- Atta, Minister of Finance and Economic Planning, has proposed a 2.5 per cent increase in the Value Added Tax (VAT) to support roads and digitization agenda of government.…
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E-levy reduced to 1%, daily threshold scrapped
Mr Ken Ofori- Atta, Minister of Finance and Economic Planning, has announced plans to review the Electronic Transactions Levy (E-levy) Act and specifically reduce the headline rate from…
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2023 Budget: Minority foresees more hardships for Ghanaians
Dr Cassiel Ato Baah Forson, Ranking Member of Parliament's Finance Committee, Thursday said Mr Ken Ofori-Atta, the Finance Minister, failed to provide a Budget Statement and Economic…
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110,000 acres of land for rice, tomato, maize poultry etc production
The Government is pursuing an Economic Enclave Project to provide support for the cultivation of up to 110,000 acres of land in the Greater Accra, Ashanti, Central, Savannah and Oti…
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All 2.5m extremely poor people to benefit from LEAP
Government assures to continue implementing Ghana’s social protection programmes despite the current economic challenges.
Government is also expanding the various social protection…
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Govt targets 7.7% deficit, 2.8% GDP growth in 2023
The 2023 budget statement and economic policy has been anchored on aggressively mobilize domestic revenue, streamline and rationalise expenditures, boost local productive capacity,…
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256 teachers sue GES over promotional exams failure
Some 256 teachers have sued the Ghana Education Service (GES) and the Attorney General over their mass failure in the December 2021 promotional examinations.
The teachers, who are on…
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Markets will respond positively to technocrat Finance Minister
Finance and Economic Policy Analyst and Entrepreneur Senyo Hosi says none of the current New Patriotic Party (NPP) Members of Parliament (MPs) and Ministers can offer what the market…
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Senyo Hosi lists 10 technocrats to replace Ofori-Atta, Adu Boahen
The past few weeks must have been among the most difficult for you. You have not only contended with your political opposition but, ironically, with members of your party over none…
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