Regulatory agencies must work hand in hand with the private sector to cushion businesses as the Coronavirus pandemic continue to bite hard, Hilton John Mitchell, Chief Executive Officer (CEO) of Jonmoore International, a logistics services provider, has said.
“The private sector is currently encountering tough time, and so these statutory...
The government expects revenues to fall short of the 2020 budget target by GH¢13.6 billion, or 3.5 percent of revised Gross Domestic Product (GDP), mainly due to drop in petroleum receipts of GH¢5.3 billion.
Finance Minister, Ken Ofori-Atta, in his presentation of the Mid-Year Budget to lawmakers in Accra, noted...
More than US$500m to address the COVID-19 pandemic
IFC, a member of the World Bank Group, committed US$5.6billion to private sector development in the Middle East and sub-Saharan Africa in fiscal year 2020, supporting businesses across the two regions to launch, grow, provide jobs and fight impacts of the...
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...
Revenue shortfall hits GH¢6bn
Fiscal deficit to hit 11.4% of GDP
It was nothing short of expectation when Finance Minister Ken Ofori-Atta in his mid-year budget presentation asked parliament to approve an extra GH¢11.8 billion to inject into the economy as he counts the cost of the coronavirus pandemic...
introduces unemployment insurance
empower GCX, NAFCO to boost food security
expand procurement of local goods and services
Minister of Finance Ken Ofori Atta has announced an ambitious three-and-a-half-year economic recovery plan geared at resuscitating the economy from the impact of the outbreak of the Coronavirus pandemic with aggressive focus...
Finance Minister Ken Ofori-Atta is scheduled to present the 2020 Mid-Year budget on 23rd July, 2020 in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act 921. The 2020 budget is themed ‘Consolidating the Gains for Growth, Jobs and Prosperity for all’, with the...
The Chamber of Independent Power Producers and Bulk Consumers (CIPDIB) has made a demand on the government of Ghana to factor the payment of the about-US$1.4billion debt owed them in the 2020 mid-year budget.
According to CIPDiB, the 2020 mid-year budget must address how government intends to pay all debts...
If there was any time in the life of any president or finance minister that he or she dreaded to talk about the economy, it is now. Why? The coronavirus pandemic has eroded many gains which had been achieved by governments all over, including the administration of President Nana...
The Biogas Association of Ghana (BAG) is calling on government to formulate a national policy to regulate the disposal of faecal waste in the country.
The Vice President of the Association, Mr. Daniel Osei-Bonsu - in a media interview with support from BUSAC, DANIDA and USAID, stated that a national...