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PFM Tax Africa Network – Engage
  • HOME
  • ABOUT US
    • VISION, MISSION ETC.
    • OUR FOCUS
    • OUR ORGANIZATION
    • OUR STANDARDS
  • SERVICES
    • CONSULTANCY
    • CAPACITY BUILDING
    • PFM ACADEMY
    • REPRESENTATION
  • NETWORK
    • CLIENTS
    • ASSOCIATES
    • PARTNERS
    • JOIN THE NETWORK
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+233 546 100 534
Mon - Fri 8.00AM - 17.00PM
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HomenewsAfrica Development Bank
  • Africa’s collective debt now 70% of continent’s GDP

    • March 19, 2021
    • Posted by: Ato
    • Category: Economics
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Our mission is to enhance the capacity of our clients to utilize their financial resources in an efficient manner.

We adhere to PFM standards and principles that are international best practice, especially, those issued by recognized international institutions such as the IMF, World Bank, United Nations, OECD, IFAC and the professional accounting, fiscal and statistical bodies.

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PFM stands for Public Financial Management.

Who is the Founder/Executive Director of PFM?

Hon. Seth E. Terkper is the Founder and Executive Director of PFM-TAX Africa Network Ltd.

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  • The Nairobi Securities Exchange (NSE) has disclosed that it has acquired a 4 per cent stake in the Dar s Salaam Stock Exchange citing strategic reasons. “Back in 2017, we took a position in the Dar er Salaam Stock exchange. Dar Es Salaam Stock exchange was doing an IPO. And its always been part of our regional strategy to

  • Ghana’s planned Eurobond sale will be a key test of appetite for African issuers after a raft of nations sought debt relief, shaking investor confidence. Ghana’s planned Eurobond sale will be a key test of appetite for African issuers after a raft of nations sought debt relief, shaking investor confidence. “Strong demand for Ghana would

  • The Ghana Grid Company (GRIDCo) says Ghanaians will have to deal with the intermittent supply of power until September this year when it will complete its system upgrade. GRIDCo had earlier indicated that it was working on a system upgrade to improve service delivery and had announced that it will come with some intermittent power

  • Government is reported to have surpassed its revenue mobilization target for the first quarter of 2021 by more than Ghs 3 billion. The revenue mobilization performance posited by government for Q1 2021, according to the Bank of Ghana (BoG) is higher than pre-pandemic mobilised revenues. Speaking in a media interaction, Head of Research at the

  • Former Minister for Finance, Seth Terkper, has reacted to statements made by Dr Albert Touna-Mama, the IMF Representative to Ghana, over the country’s classification as a Low-Income Country (LIC) from a Middle-Income Country (MIC) status. As reported by norvanreports on Monday, April 12, 2021, Ghana according to the IMF’s 2021 April Fiscal Monitor Report, was classified as

  • President of the World Bank Group, David Malpass, is advocating for interest rate deductions on loans made to poor countries by both private and sovereign creditors. According to him, interest rates of 6 or 7 percent on official bilateral debt of poor countries is simply to high and cannot be justified when compared to that

  • Government continues to borrow aggressively on the domestic market to finance its budget, latest figures from the Bank of Ghana has revealed. Though there were more interest in the T-Bills, which could probably crowd out businesses and household consumers from getting access to loans, government also needs money to finance the budget. But interestingly, the

  • The Ghana Association of Bankers wants government to find other ways of addressing the high fiscal deficit, rather than targeting the banking sector with new tax introduction. “As an industry, we believe that if we [the banking industry] have this huge fiscal deficit, we must have a plan to address it.” “We believe we have

  • Public sector workers looking forward to a huge wage increment will not get it because the Finance Ministry says there is simply no money to meet such demands. And indeed this situation is likely to persist until 2024 as the Technical Adviser at the Ministry Dr Samuel Nii Noi Ashong called on the country to

  • Banks in the country going forward are expected to pay 5 per cent of gross profits to government. The new directive contained in the 2021 Budget Statement and presented to Parliament on March 12, by Minister for Parliamentary Affairs, Osei Kyei Mensa-Bonsu, is to help defray outstanding commitments – locked up funds – in the

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