June 6, 2017

Fiscal Decentralization in Ghana: Progress and Challenges [Occasional Paper 10]

Occasional paper 10. Fiscal Decentralization in Ghana: Progress and Challenges Policy makers in Ghana have lauded the fiscal decentralization as a positive driver of substantial government growth and development. Since 1992, Ghana has made strives at implementing fiscal decentralization in Ghana. However, the implementation of the program and management of revenue at the local level has been challenging. This paper provides a general overview of decentralization in Ghana and examines local government fiscal management Read full paper here Occasional Paper 10
August 6, 2017

The State of the Economy and the 2017 Budget Performance

Fiscal Alert 6: The State of the Economy and the 2017 Budget Performance In line with the new Public Financial Management Act (Act 921), the Minister for Finance is required to present a mid-year review of the 2017 Budget Statement to Parliament before the close of July. Ahead of this presentation, the IFS has undertaken a review of the state of the economy and the performance of the budget. The IFS notes that the prospects for the economy in the remaining half of 2017 look promising. However, based on current challenges and risks confronting the budget implementation, more needs to […]
August 12, 2017

Economic Analysis of Advertising in the Legal market in Ghana and Proposals for Reform [Occasional Paper 11]

Occasional Paper 11. Economic Analysis of Advertising in the Legal market in Ghana and Proposals for Reform The law and economics framework is used to study the implication of lifting the ban on social media use in advertising in the legal market in Ghana, and how transaction costs, the information, bargaining, policing cost associated with transaction or an agency rule defines the integrity of the interactions between the two parties. Read full paper here Occasional Paper 11
August 19, 2017

The Mid-Year Review of the 2018 Budget Statement & Economic Policy

Fiscal Alert 7: The Mid-Year Review of the 2018 Budget Statement & Economic Policy The Minister for Finance presented the 2017 Mid-Year Budget and Fiscal Policy Review to Parliament on 31st July 2017. Prior to the review, IFS issued an assessment of the performance of the economy and the budget and made recommendations to address shortcomings that it had identified. During IFS’ pre-Mid-Year Review assessment, most of the data available at the time was up to April. The Minister, however, provided updated data in his review in most cases up to June. The IFS has critically looked at the Mid-Year […]
October 5, 2017

Mobilizing Adequate Domestic Revenue to Support Ghana’s Development

Fiscal Alert 8: Mobilizing Adequate Domestic Revenue to Support Ghana’s Development This paper seeks to show how domestic revenue mobilization can be significantly enhanced to pave way for the formulation of a credible 2018 Budgets to support Ghana’s develop- meant. Read full paper here: Fiscal Alert 8
October 23, 2017

Government Expenditure Arrears in Ghana: Trends, Causes and Management [Occasional Paper 12]

[Occasional Paper 12] Government Expenditure Arrears in Ghana: Trends, Causes, and Management Government expenditure arrears have reached a significant proportion in recent years, and their clearance has contributed to the growth in public expenditure, deficits, and debt. This paper tracks the arrears problem and examines its causes and management. Read full paper here Occasional Paper 12