[vc_row][vc_column]

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 […]
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
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
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 […]
[/vc_column][/vc_row]