Browsing: News

It said, individuals yet to obtain their Ghana Card will not be affected by the ongoing SIM deactivation.

According to the fund, it is possible to change the terms of support request of the government to better suited terms that solves the current challenge the economy faces. It thereby indicated that increasing revenue mobilisation is critical for debt sustainability while safeguarding social spending.

Your (Ghana Registered Nurses and Midwifes Association- GRNMA) reaction and unnecessary threats to the public with regards to the ‘mishappens’ at Manhyia hospital shows you are indeed shameless and selfish leaders and individual disguised under the uniform of a noble profession. Most of you do not deserve to be in that uniform.

Ghana 2023 budget

This will be a big blow to Retailers and Wholesalers whose annual sales (turnover) exceeds GHC500,000. As Retailers and Wholesalers within this threshold are mandated to add an effective rate of 21.9% to all their Vatable products.

As government keeps innovating ideas to tackle the perennial depreciation of the local currency against the international trading currencies (especially, US dollar), a negotiation to allow importers use gold to pay for imported petroleum products is ongoing.

The barter of sustainably mined gold for oil is one of the most important economic policy changes in Ghana since independence.

This 2.5 percent increase in VAT would kill businesses and if it happens so, the government would not rake in the expected revenue, as it happened during the introduction of the E-levy this year, they said.

According to the Finance Minister Ken Ofori Atta, these comprise an agenda to: aggressively mobilize domestic revenue; streamline and rationalise expenditures; boost local productive capacity; promote and diversify exports; protect the poor and vulnerable; expand digital and climate-responsive physical infrastructure; and implement structural and public sector reforms.

The provisional debt data as at end September 2022 shows a significant increase in Ghana’s public debt largely due to exogeneous factors.