The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
Francis Tomore Boi, a renowned Tax Analyst, has endorsed the government’s initiative to tax the foreign incomes of resident Ghanaians as a strategic move to address the revenue shortfall resulting from the abandoned VAT on electricity. He described this as a smart move by the government. His comments are on the back of the government’s […] The post Taxing
The Ministry of Tourism, Arts, and Culture and the Ghana Tourism Authority are hopeful that the Ministry of Finance will consider providing tax reliefs in the mid-year budget review for operators in the sector following a paper they presented on the issue. According to the two entities, poised to make tourism the number one GDP […] The post Domestic tourism:
Ghana’s second programme review with the International Monetary Fund (IMF) has entered its second week, with issues concerning tax efficiency and the avoidance of fiscal slippages in this election year dominating discussions. The IMF mission staff from Washington DC are currently in the country for a two-week assessment of the bailout package. The review also […] The post Election
A member of the Health Committee of Parliament, Alexander Roosevelt, has criticized the Finance Ministry over the delay in approving a GH₵1.7 million tax waiver request for consignments intended for the Heal Komfo Anokye project. The renovation of the 70-year-old Komfo Anokye Teaching Hospital has encountered obstacles due to the project’s inability to clear approximately […] The post Govt’s
The post Oxfam Tax Dialogue: Is Ghana’s tax regime fit for purpose? appeared first on Citinewsroom - Comprehensive News in Ghana.
The Fiscal Policy Adviser, Oxfam Ghana, Dr Angela Azumah Alu, has called for a united effort among stakeholders to address gaps in the tax system. During the Oxfam Tax Dialogue on Citi TV on Thursday, March 21, Dr Alu highlighted the importance of collaboration to ensure that the voices of citizens influence the government’s tax […] The post Oxfam
By Jayati GHOSH While the technical details of international agreements may seem arcane or even trivial, they often commit governments to policies that have major economic consequences. This is especially true for low- and middle-income countries, which have long been on the receiving end of unfair treaties. International tax agreements are a case in point. […] The post For
By E. N. Kwame NKRUMAH (Dr) & David ALEMZERO (Dr) While ostensibly rooted in environmental concerns, the recent introduction of a Vehicle and industrial Emission levy in Ghana has ignited a profound and nuanced debate within the socio-political landscape. Critics argue that the hurried implementation of the levy raises questions about the government’s commitment to […] The post
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John Gatsi, a Professor of Economics at the University of Cape Coast (UCC), is sceptical about the proposed tax amnesty by Vice President Dr. Mahamudu Bawumia. He believes that this measure will neither enhance tax payments nor address the challenges associated with tax payment. Dr. Bawumia, the flagbearer of the New Patriotic Party, has promised […] The post Granting
In a bold declaration, Dr. Mahamudu Bawumia, the Flagbearer of the New Patriotic Party, has announced that he will abolish the controversial e-levy, bet tax, and emissions tax if Read More... The post E-Levy, Bet Tax, Emissions Levy To Go– Bawumia appeared
Emission control limits the release of harmful gases from cars into the atmosphere. This includes hydrocarbons, carbon monoxide and oxides of nitrogen from engines, crankcases, fuel tanks and carburettors. Emission control systems are developed to prevent or reduce pollution from these sources and keep the atmosphere cleaner for everyone. Many advanced countries have introduced Low Emission […] The post Emission
The post Imposition of Tax: IMF would be laughing at us by now – Kabutey Ocansey | Breakfast Daily appeared first on Citinewsroom - Comprehensive News in Ghana.
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…the facts SML discussions ignore Until mid-December last year, Strategic Mobilisation Ghana Limited (SML) was like any ordinary business in the country – judiciously deploying its skills and talents in the concerted effort of nation building. Except for a few publications, mostly on its numerous corporate social responsibility (CSR) activities, the indigenous business quietly worked […] The post
#Price #Weight #Shrinkflation #TurningTheCorner What do all the macroeconomic numbers and jargon have to do with the price of kenkey? Here it is: From a turbulent beginning that saw two price increases within six months, the kenkey market had stabilized by the end of 2023. Four-cedi kenkey dominates, five-cedi kenkey is here to stay, and […] The post The Kenkey
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