March 28, 2017

No. 4: A Review of Ghana’s 2017 Budget

Policy Brief 4: A Review of Ghana’s 2017 Budget Not too long ago, the Ghanaian economy was one of Africa’s strongest. However the economy has witnessed a sharp decline in growth in the last three years. In this Policy Brief, the IFS brings to the attention of the new Government some critical economic challenges along with proposals to address them. IFS’ proposals are informed by the Institute’s conviction that Ghana needs new, bold and systematic policies capable of bringing about fundamental changes to the economy to enable it to deliver tangible socio-economic benefits to Ghanaians. Click here to read full report
March 24, 2017

Fiscal Rigidities and their Effects in Ghana: What Should the Government do? [Occasional Paper 09]

Occasional Paper 9. Fiscal Rigidities and their Effects in Ghana: What Should the Government Do? In spite of the fact that many reasons are usually used to justify the presence of fiscal rigidities, they have been found to pose serious fiscal and macroeconomic difficulties to some countries, particularly those in Latin America, since they make governments lose the discretion and flexibility to use fiscal policy to address emerging fiscal and macroeconomic challenges. Yet, fiscal rigidities have not received the needed attention in Africa in terms of research. This paper sheds light on fiscal rigidities and their fiscal and macroeconomic effects […]
March 17, 2017

Africa’s Growth Story

Africa’s Growth Story A Lecture Delivered By Professor Newman Kwadwo Kusi, Executive Director, Institute for Fiscal Studies, Ghana At the Economic Policy Management Seminar, University of Ghana March 17, 2017 Click here to read the full speech
February 15, 2017

Revenue Earmarking in Ghana

At the recently held IFS Pre-Budget Forum, IFS Economist, Leslie Mensah, delivered a presentation on: “Revenue Earmarking in Ghana: Management and Performance Issues.” The presentation delved into six earmarked funds in Ghana namely: the Social Security Fund, District Assemblies Common Fund, Road Fund, GET Fund, National Health Insurance Fund, and Ghana Petroleum Funds. Click here to view the full statement
February 15, 2017

Fiscal Rigidities and their Effects in Ghana

A Senior Research Fellow of the IFS, Dr. Boakye, delivered a presentation on: “Fiscal Rigidities and their Effects in Ghana” at the recently held IFS Pre-Budget Forum 2017. According to Dr. Boakye, Fiscal Rigidities are institutional, legal, contractual or other constraints that limit the ability of the government to change the size and structure of the public budget. Click here to view the full statement
February 14, 2017

No. 3: Fiscal Rigidities and their Effects in Ghana

Policy Brief 3: Fiscal Rigidities and their Effects in Ghana Many arguments are often advanced to justify the establishment of rigidities in the public budget. However, a number of studies have found that fiscal rigidities pose serious fiscal and macroeconomic challenges in various countries. This paper seeks to assess the extent of rigidity in Ghana’s budget, examine the effects of fiscal rigidities in Ghana, and propose recommendations for Government in the face of the challenges posed by fiscal rigidities. Click here to read full report