Fiscal policy

International

Chinese Nursing Home Pays Relatives To Visit

It costs up to $5,300 per year for an individual to stay at the non-profit facility. A nursing home in China has...

Top Stories

Govt Must Be Careful of Overspending In Election Year

Despite government’s efforts at achieving a budget deficit of 5.0 percent as at September, there are worries that the...

Business

Deficit Threat Comes Alive As Voting Day Looms

Without exception, all the major international ratings agencies have predicted a budget deficit overrun in 2016, a...

Business

Ghana Will End Year With Debt-To-GDP Below 70%

Finance Minister Seth Terkper has disclosed the country is likely to end the year with a public debt-to-gross domestic...

Business

Gov’t Borrows GHC6.2bn More In Just 3 Months

Data from the Bank of Ghana (BoG) indicates that Ghana’s public debt went up by GHC6.2billion between July and...

Politics

ICU Worried Over Ghana’s GHC112.4b Debt Rate

The Industrial and Commercial Workers Union (ICU) has raised concerns over the need for the government to immediately...

International

EU Warns Eight Nations On Budget Deficit

The European Commission has warned that eight eurozone countries, including Italy, are at risk of breaking EU rules...

Top Stories

Fiscal Deficit To Hit 6.2 Percent In 2016

Some economists have predicted that Ghana will end this year (2016), with a budget deficit of 6 percent to GDP. They...

Business

Terkper Warns Banks To Demand Contract Budgets From MDAs

The Finance Minister, Mr Seth Terkper, has charged banks to conduct due diligence on loan applications by contractors...

Business

Ghana’s Economy In Tatters – ISSER

Professor Felix Asante, Director of the Institute of Statistical, Social and Economic Research (ISSER) has indicated...

Business

Election Blues Trouble Investors As Fiscal Deficit Increases By 89%

Disappointing revenue performance and increased capital expenditure have pushed up the country’s fiscal deficit to...

International

Tunisian Lawyers Go On Strike Over New, Austerity-Driven Taxes

Thousands of Tunisian lawyers went on strike on Friday to protest at new taxes and tighter fiscal controls on their...

Business

GHC2bn Deficit Is Blow To Economy – Economist

Economist, Dr. Lord Mensah has criticized the almost 2 billion cedis budget deficit in the advance expenditure...

Business

Check Rising Debt Levels – Dalex CEO Tells Government

Government has been advised to check the country’s rising debt stock. Chief Executive Officer (CEO) of Dalex Finance,...

Business

Government Must Declare Unplanned Expenditure In 2017 Budget

As the Finance Minister prepares to present a first quarter 2017 budget to parliament on Thursday, Economist Dr. Ebo...

Business

Gov’t May Not Be Able To Tackle Public Debt In Good Time

Chief Executive of Dalex Finance, Ken Thompson, has cast doubt over government’s ability to tackle the public debt in...

Business

Ghana Makes Progress In Management of Economy

The International Monetary Fund (IMF) has stated that Ghana is making progress in its economic management but cautioned...

Business

Ghana Riding On Bumpy Path To Economic Recovery

The International Monetary Fund (IMF) has stated that Ghana was making progress in its economic management but...

Business

Debt, Spending Spree Worsening

With two months to the December general elections in Ghana, analysts and development partners have expressed concerns...