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 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
March 28, 2017

A Review of Ghana’s 2017 Budget

The IFS has published a review of the 2017 Budget Statement in its Policy Brief No 4.   In the brief, the IFS highlighted the need for the government to seek more conducive fiscal and macroeconomic environment in 2017 before the government rolls out its ambitious growth policies in later years. Click here to view the full statement
August 10, 2017

IFS Comments on Mid-Year Review of Ghana’s 2017 Budget

The Minister for Finance presented the 2017 Mid-Year Budget and Fiscal Policy Review to Parliament on 31st July 2017. Prior to the presentation by the Minister, IFS issued an assessment of the performance of the economy and indicated its expectations of the Review (Fiscal Alert No 6). In this paper (Fiscal Alert No 7), the IFS presents its assessment of the Mid-Year Review presented. Click here to view the full statement
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 […]
October 16, 2018

An Assessment of the Proposed US$50 Billion Century Bond for Ghana

Fiscal Alert 14: An Assessment of the Proposed US$50 Billion Century Bond for Ghana The Minister of Finance has disclosed that the 2019 Budget will announce the issuing of a US$50 billion century bond that will provide resources to help address major challenges confronting the country, including the cedi depreciation, infrastructural deficit, and low industrial development. A successful century bond will make everybody comfortable about the future of the country’s needs for both infrastructure and foreign exchange so that we have a lot more stability. According to the Minister, the bond will be raised in bits through a shelf offering, […]