Government to strictly enforce tax compliance measures. Finance Minister declares at PwC post-budget forum

November 20, 2018 The Minister of Finance, Mr Ken Ofori-Atta, has given the strongest indication that the government will pursue stringent tax compliance measures to achieve its revenue target for 2019. The...

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November 20, 2018 / Comments (0)

Tax exemptions to be further reduced

November 13, 2018 With the on-going discussions at the government level for a possible review of some clauses concerning tax exemptions, it is being anticipated that there will be a scrapping of some of the...

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November 13, 2018 / Comments (0)

Boost for farmers – President launches commodity platform

November 7, 2018 President Nana Addo Dankwa Akufo-Addo yesterday rang the bell to launch the Ghana Commodity Exchange (GCE), a platform for buying and selling agricultural commodities in the country. The...

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November 7, 2018 / Comments (0)

Government to set up Cyber Security Fund – Finance Minister

October 29, 2018 Finance Minister Ken Ofori-Atta has announced that in line with international industry best practices, government will soon establish a cyber security fund to effectively protect Ghana’s...

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October 29, 2018 / Comments (0)

Ghana’s economy now valued at GH¢256.6 billion

October 1, 2018 Ghana’s economy is now valued at GH¢256.6 billion after the rebasing of gross domestic product (GDP) based on measurements from 2013 instead of 2006. This is the second time in less than...

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October 1, 2018 / Comments (0)

Finance Ministry ‘structuring’ US$50bn century bond …to stabilise cedi, grow economy

September 26, 2018 Finance Minister, Mr. Ken Ofori Atta has disclosed that government is ‘structuring’ the proposed issuance of a US$50bn century bond that will strengthen the local currency and help grow...

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September 26, 2018 / Comments (0)

Africa Imports $35 Billion Worth Of Food Despite… – Finance Minister

August 28, 2018 Africa holds 60 percent of the world’s arable land and yet, imports $35 billion worth of food annually. Ghana on the other hand, imports some $2.4 million of food annually. Mr. Ken...

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August 28, 2018 / Comments (0)

New development bank in the offing – Mr. Ken Ofori-Atta

August 28, 2018 Minister for Finance, Ken Ofori-Atta has revealed that there are plans to have another development bank, which would create a guarantee system to support agriculture. He made this known at...

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August 28, 2018 / Comments (0)

Wage bill hits GH₵14bn…takes 45% of tax revenue in 2017

July 24, 2018 Government’s wage bill for 2017 was GH₵14.4 billion, representing a 44.8 percent of the country’s tax revenue and 7 percent of GDP. The figure is 2.3 percent short of was recorded in...

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July 24, 2018 / Comments (0)

MID-YEAR BUDGET REVIEW: Businesses, households to save GHC1.8bn annually

July 20, 2018 Minister of Finance, Ken Ofori Atta has said that due to prudent reforms and effective management decisions in the country’s energy sector, the Akufo-Addo government has helped businesses...

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July 20, 2018 / Comments (0)