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Revenue targets in budget over-ambitious – Economist

A Research Fellow with the Institute for Fiscal Studies, Dr. Adu Owusu Sarkodie, has described as overly ambitious the Government’s revenue targets for 2020. The Finance Minister in the budget statement said the government is aiming at increasing the tax-to-GDP ratio from 13 percent to 20 percent in 2020. This is after the government’s …

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Gov’t to set up National Dev’t Bank in 2020

Next year will see the coming into existence of a new bank, National Development Bank (NDB), the Minister of Finance has revealed. Ken Ofori-Atta says already feasibility study for the establishment of the bank, specifying its rationale, mandate, business model, legal and regulatory framework, ownership, governance and sustainability has been …

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We’ll ‘chop off’ any finger that dares point at Mahama – Haruna warns

Detractors, abusers and unfair critics of former president John Mahama, now opposition leader of the NDC have been warned to be cautious in their utterances against him. An avid supporter of former president served this notice following the unpleasant verbal attack on Mr Mahama by an Asempa FM presenter. According …

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NDC demands blue print on December 17 referendum

The opposition National Democratic Congress (NDC) has indicated that it will only consider a YES vote to amend the constitution to allow political parties to participate in the district level elections if the government makes available, guidelines for the referendum. Already, the NDC has kicked against the amendment of Article 55 (3) which will …

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‘Collapsed banks’ bailout cash bigger than $2 billion Sinohydro deal’

The Chief Operating Officer of Dalex Finance, Joe Jackson, has questioned government’s inability to retrieve monies from persons responsible for the collapse of local banks in the country. He said the about $11.7 billion used to resolve the banking sector crisis is bigger than the $2 billion Sinohydro infrastructure-for-bauxite facility. …

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Nepotism saga: Your hypocrisy is just too much – Sammy Gyamfi targets Baako, Bentil

National Democratic Congress’ National Communications Officer, Sammy Gyamfi, has described as hypocritical, the defense of “nepotism” in the Akufo-Addo government. “The double standards and hypocrisy is just too much”, he lamented on Newsfile on Saturday in reaction to criticisms of a presentation he made listing names of persons he says …

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