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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
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+233 546 100 534
Mon - Fri 8.00AM - 17.00PM
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HomenewsFinancial gap
  • Association of Bankers urges government to find alternatives to close financing gap

    • March 19, 2021
    • Posted by: Ato
    • Category: Finance
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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 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.

  • The Minister designate for Finance, Mr Ken Ofori-Atta, has justified the need to introduce new taxes at a time Ghanaians are coping with the negative impact of the coronavirus disease. Responding to a question during his vetting on Thursday by the Appointments Committee of Parliament, Mr Ofori-Atta said it was necessary for Ghanaians to learn

  • Cryptocurrencies have been tipped to revolutionalize remittances to developing countries as they promise lower service fees than cash transfers. Experts at Trust Payments hold that apart from lower fees, cryptocurrencies, as a means of money transfers across borders, has other advantages over cash. The advantages include the fact that cryptocurrencies are decentralize money, provide better

  • 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,

  • Osei Kyei-Mensah-Bonsu, Majority leader in Parliament, has said that total crude oil production for the 2020 fiscal year was 66.9 million barrels as compared to 71.4 million barrels of production in 2019. He said the National Petroleum Corporation was able to transport over 88.4 standards cubic fit of gas to the Ghana National Gas company

  • 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

  • Multilateral institution, the International Monetary Fund (IMF) has projected Ghana’s total debt stock to hit 86.6 percent in 2025 According to the IMF, Ghana’s debt stock is expected to continue on an elevated path reaching 81.5 percent this year, 83.2 percent in 2022, and further to 84.8 percent, 86.0 percent and 86.6 percent in 2023,

  • 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.

  • The global economy is projected to grow at 6 percent this year, moderating to 4.4 percent in 2022 after a contraction of –3.3 percent in 2020 The revised 6 percent growth projection follows an earlier growth projection of 5.5 percent by the IMF. According to the IMF, the contraction of the global economy for 2020

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