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705 A Financial Economist, Professor Joshua Yindenaba Abor has called on African Governments to implement early and ambitious policy responses and reforms in their financial systems to minimise the impact of the COVID-19 pandemic. “COVID-19 is here to stay and if it is staying, its impact will be with us and the pressure is on to address the ongoing issues in addition to dealing with the existing challenges” ”There is the need to implement early and ambitious policy responses and reforms in the financial system to address the situation or minimise the impact”, he said. He said though African Governments have provided some monetary and fiscal policy responses to the COVID-19 pandemic, there is the need for other policy actions to ensure that the continent’s financial systems are able to spur growth in the post COVID-19 era. ....
Nigeria: Govt Records 17.3% Shortfall in Companies' Income Tax allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
Ghana has not made progress in fighting corruption ghanaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanaweb.com Daily Mail and Mail on Sunday newspapers.
Professor Godfred Alufar Bokpin, a Financial Economist at the University of Ghana, says Ghana has not progressed in fighting corruption and called for constitutional reforms to help make headway in curbing the canker. He said the monetisation and commercialisation of election in the country made it extremely difficult to combat corruption. If we look at the way our democracy is highly monetized and commercialized, it is difficult to allow such a corrupt system to elect leaders and afterwards expect honesty and integrity from them, Prof. Bokpin said. Prof. Bokpin who was speaking in an interview noted that the huge cost involved in contesting an election in the country compared to salaries received by members of Parliament vis-à-vis the demands from the constituents created a conducive environment for politicians to engage in corrupt practices to break even. ....