Nicholas De-Heer – Page 3 – Institute for Fiscal Studies Ghana

February 22, 2018

Implications of Energy Sector State-Owned Enterprises Debt Restructuring for the Fiscal Position and the Banking Sector

Fiscal Alert 10: Implications of Energy Sector State-Owned Enterprises Debt Restructuring for the Fiscal Position and the Banking Sector This paper seeks to assess the implications of the restructuring of the energy sector State-Owned Enterprises (SOEs) debt for Ghana’s fiscal position and the banking sector. The paper reviews the financial performance of Ghana’s energy sector SOEs, the restructuring of the energy sector debt examines the Energy Sector Levy Act (ESLA) and the energy sector bonds. This is followed by a discussion of the implications of the energy sector debt restructuring for the government’s fiscal position and the banking sector, respectively. […]

January 25, 2018

Is Ghana in a Debt Trap?

Fiscal Alert 9: Is Ghana in a Debt Trap? In tabling the Budget for 2018, the government outlined its strategy to bring the public debt on a declining path to eliminate the risk of debt distress and strengthen the country’s debt sustainability. This paper, which is an extract of IFS’s review of the 2018 and Economic Policy of the Government of Ghana, provides comments and some policy suggestions to help address Ghana’s rising debt problem. Read full paper here

January 20, 2018

Does the 2018 Budget and Economic Policy Address the Critical Challenges Facing Ghana? [Occasional Paper 13]

[Occasional Paper 13] Does the 2018 Budget and Economic Policy Address the Critical Challenges Facing Ghana? Ghana is currently facing three critical economic challenges, namely a slowdown of economic growth, rising unemployment, and surging public debt. The broad agenda of the government in 2018 is to guide the economy to grow and create more job opportunities to deal with the surging unemployment by reversing the abysmal performance of the agriculture sector and reviving the ailing manufacturing sub-sector. This is to be achieved by a number of flagship programs and projects. The government also plans to reduce the country’s fiscal deficit […]

December 19, 2017

Remarks by Hon. Dr. Kwabena Duffuor, Chairman of the Millennium Excellence Awards Foundation

Remarks made by Hon. Dr. Kwabena Duffuor, Chairman of the Millenium Excellence Awards Foundation event held at the International Conference Centre, Accra, on August 19, 2005

December 19, 2017

Speech on “Integrity – The Foundation of a Strong Financial Sector, By Hon. Dr. Kwabena Duffuor, Minister for Finance and Economic Planning

Integrity – The Foundation of a Strong Financial Sector Speech Delivered by Hon. Dr. Kwabena Duffour, Minister for Finance and Economic Planning at the British Council Office, Accra Ghana.

October 26, 2017

Mobilizing Adequate Domestic Revenue For Development

The Institute for Fiscal Studies (IFS) has called on the government to mobilize more domestic revenue to support the country’s economic growth and stability. Prof. Newman Kusi, Executive Director of IFS, during his delivery of the key address at pre-2018 budget forum held at the Mövenpick Ambassador Hotel in Accra remarked that domestic revenue has always fallen short of the budget targets in the last couple of years, with the revenue gap increasing significantly since 2011. “Ghana’s domestic revenue/GDP ratio has also remained far below the levels of its regional competitors. The country’s domestic revenue/GDP ratio averaged 20.4 percent between […]