BoG Maintains Policy Rate At 26%
The chairman of the Monetary Policy Committee of the Bank of Ghana (BoG), Dr. Abdul-Nashiru Issahaku, has expressed worry over the current level of inflation, warning that it is still high compared...
Tag: Public finance
Policy Rate Remains Unchanged At 26%
The Monetary Policy Committee of the Bank of Ghana has once again maintained its policy rate at 26 percent. This was arrived at the 72nd meeting of the committee after monitoring development of the...
Former Italian President Ciampi Dies At 95
The former president of the Italian Republic and central banker, Carlo Azeglio Ciampi, died on Friday at the age of 95, the Italian government said. He died in a hospital in Rome after a long...
Bawumia Exploiting the Economy’s Weaknesses
Faced with deepening economic malaise, most Ghanaians aren’t easily impressed these days, and whether Dr Mahamudu Bawumia, NPP’s presidential running mate, was right or wrong, he provided an...
Imanis Business & Economic Environment Report (2011-2016)
A suitable environment for businesses to succeed remains an important precursor to economic growth and ultimately the improvement of living standards. At a UN forum held in 2015, UN Secretary-General...
World Bank Supports Ghana To Strengthen Debt Management
Ghana today received support from the World Bank to strengthen its institutional capacity in domestic revenue mobilization, public investment management, debt management, and governance of...
Ghana Loses $2.1 Billion To Tax Evasion Annually
Ghana loses nearly $2.1 billion dollars to tax evasion and incentives annually, reveals a study carried out by the Integrated Social Development Centre (ISODEC), a civil society organisation....
Government May Withdraw Fiscal Stabilization Levy In 2017
Citi Business News has learnt that the Ministry of Finance is working to withdrawal the National Reconstruction Levy which imposes 5 percent pretax on profits of some businesses by next year. The...
Towards a Harmonised African Tax System
In the past year, Africa has experienced stronger economic headwinds than in recent times. Economic expansion this year is likely to be at its lowest in five years, dragged down by the impact of...
Is This An End to Ghana’s Fuel Subsidies?
The Ghanaian government has announced its intention to remove the subsidies on the nation’s petroleum products. Although the date of the implementation of this directive has not yet been announced,...