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The Monetary Policy Committee of the Bank of Ghana has, in a rather surprise turn of events, cut the monetary policy rate by a 100-basis points, against

Graphic Online BY: Maxwell Akalaare Adombilla 30.5k Shares 705 The Ghana Revenue Authority (GRA) has rolled out a tax incentive scheme for taxpayers to help cushion businesses and people against the coronavirus disease (COVID-19) pandemic. The scheme involves waiving the penalty and the accrued interest on tax arrears for both corporate and individual taxpayers as a motivation for them to regularise their tax obligations during the crisis period. The package from the authority took effect from April this year and allowed people and institutions that had either not registered with the GRA or...

  The International Monetary Fund’s (IMF) classification of Ghana as a Low-income economy is a narrow way of defining a country’s economic status, Professor Peter Quartey has said. Prof Quartey, who is the Head, Economics Division, Institute of Statistical, Social and Economic Research (ISSER), University of Ghana, said just looking at the fiscal data, revenue, expenditure, and debt to GDP did not tell the total story of a country. Prof Quartey reacting to the current IMF’s classification of Ghana as a Low-Income Developing Economy in its April 2020 World Economic Outlook, said compare...

+ The International Monetary Fund’s (IMF) classification of Ghana as a Low-income economy is a narrow way of defining a country’s economic status, Professor Peter Quartey has said. Head of Economics Division, at the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Prof Quartey said just looking at the fiscal data, revenue, expenditure, and debt to GDP did not tell the total story of a country. Prof Quartey reacting to the current IMF’s classification of Ghana as a Low-Income Developing Economy in its April 2020 World Economic Outlook, said compa...

  The International Monetary Fund’s (IMF) classification of Ghana as a Low-income economy is a narrow way of defining a country’s economic status, Professor Peter Quartey has said. Prof Quartey, who is the Head, Economics Division, Institute of Statistical, Social and Economic Research (ISSER), University of Ghana, said just looking at the fiscal data, revenue, expenditure, and debt to GDP did not tell the total story of a country. Prof Quartey reacting to the current IMF’s classification of Ghana as a Low-Income Developing Economy in its April 2020 World Economic Outlook, said compare...