The Institute for Fiscal Studies, a policy think tank, has urged government to seek debt forgiveness from its major creditors to contain the country’s debt service expenditure, as the COVID-19 pandemic worsens an already fragile fiscal position.
Parliament has approved the suspension of the fiscal responsibility rules for the 2020 financial year, in accordance with the Fiscal Responsibility Act (FRA) 2018.
Government’s main investment promotion arm, the Ghana Investment Promotion Centre, GIPC, has intensified efforts at attracting the needed investment into the film industry.
Disney plans to release Mulan on its Disney+ streaming site this year and launch a new streaming service outside the US next year as it tries to build on its early streaming success.
Finance Minister Ken Ofori Atta has revealed the source of funding for GH¢100bn COVID-19 Alleviation and Revitalisation of Enterprises Support (CARES) programme.
A US$115m facility from the International Development Association, a subsidiary of the World Bank, that will part-finance the digitisation of archives and other public records to facilitate online searches has been approved by Parliament.
The recently outdoored GH¢100bn COVID-19 Alleviation and Revitalisation of Enterprises Support (CARES) programme should be fully funded from domestic sources, economist and lecturer Dr. Raziel Obeng-Okon has said.
Alliance Motors, the exclusive distributors of Jaguar and Land Rover vehicles in Ghana, has officially launched the all-new Land Rover Defender 2020, the brand’s latest model.
Banks will have to combine both digital and brick and mortar customer support efforts in their quest to enhance and sustain customer experience in a digital banking era, banking consultant and Chief Executive Officer of Alkan Business Consult, Alberta Quarcoopome, has said.
Ghana’s target of achieving tax-to-GDP of 20 percent by 2023 is unrealistic unless the country’s tax collection and administration is improved significantly, the Institute for Economic Affairs has cautioned.
The Finance Ministry’s bid to nearly double the amount of taxes collected over the next three years has been described as ambitious by Abeku Gyan-Quansah, a Tax Partner at PwC Ghana, the accounting and audit firm.