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Campaign to stop government from taking on more loans launched
- April 10, 2021
- Posted by: Ato
- Category: Economics
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Africa’s collective debt now 70% of continent’s GDP
- March 19, 2021
- Posted by: Ato
- Category: Economics
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Seth Terkper bemoans Ghana’s revenue performance
- March 19, 2021
- Posted by: Ato
- Category: Economics
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What is PFM?
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.
After a year of havoc, wreaked on the economy by COVID-19, the government has laid a blueprint of bold policies and programmes to stop the spread of the virus and contain its effects; revert the economy onto the path of transformational growth and ensure prosperity for all Ghanaians. In the country’s first budget since the
The Debt Service Suspension Initiative (DSSI) instituted by the Group of Twenty (G20) has been further extended to the end of 2021. The extension of the DSSI initiative was agreed on by the G20, the International Monetary Fund (IMF) and the World Bank at the ongoing IMF/World Bank 2021 Spring Meetings. Welcoming the extension, President
The World Bank is expressing worry that Ghana’s economy has begun to deindustrialize prematurely, according to its latest Ghana Economic Outlook Report. Traditionally, manufacturing is a marker of industrialization, but economic indicators show that the country’s economy may have begun to de-industrialize prematurely. “There are indications that Ghana has begun to deindustrialize prematurely. Traditionally, manufacturing
A campaign to prevent government from taking on more loans particularly through the issuance of debt-instruments – Eurobonds – on the international capital market has been launched. A campaign to prevent government from taking on more loans particularly through the issuance of debt-instruments – Eurobonds – on the international capital market has been launched. Adding
58 Replies As of today, the five year constant maturity Treasury yield has stabilized for the last month at about 0.9%. The inflation breakeven implied by the spread between Treasurys and TIPS has plateaued at 2.52%. After accounting for the estimated term premium and liquidity premium, the implied inflation rate is 1.90% . Figure 1. Five year inflation
Ghanaians might soon be paying more for electricity as the Electricity Company of Ghana (ECG) is proposing an increment in tariffs. The Company says it needs more funds to support its operational activities, hence the request. The Managing Director of the company, Kwame Agyeman-Budu at a public forum on Thursday, April 8, 2021, said while
The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.
A new Afrobarometer report released by the Centre for Democratic Development (CDD) suggests that Ghanaians endorse taxation and are willing to pay higher taxes to support the country’s development. The report however stated that majority of Ghanaians find it difficult to know what taxes and fees they are supposed to pay and how the government
The Bank of Ghana (BoG) is exploring the launch of a Central Bank Digital Currency. This is according to the Second Deputy Governor of the BoG, Mrs Elsie Awadzi Addo. Speaking at the virtual regional capacity building workshop organized jointly by IMF’s AFRITAC West 2 and Monetary and Capital Markets Department (MCM), Mrs Awadzi Addo
Statutory tax collection body, the Ghana Revenue Authority (GRA), as part of its strategies to enforce tax compliance, introduced the voluntary whistleblower reward. The voluntary whistleblower reward strategy was to encourage people report persons and businesses evading tax payments. Speaking on the progress of the strategy on PM Express, Commissioner-General of the GRA, Reverend Ammishaddai Owusu-Amoah,