December 30, 2014

Ghana: A Review of the 2015 Budget [Occasional Paper 01]

Occassional Paper 1. Ghana: A Review of the 2015 Budget Ghana is currently facing serious economic crisis. The country is experiencing a rapidly declining economic growth, double-digit deficits for two years running, current account deficits also in double digits, and a public debt stock which is almost above the sustainable threshold. The domestic currency witnessed a rapid depreciation in the first three-quarters of 2014 amid dwindling foreign reserves and inflation which has crawled back to double digits since January 2013. Click here to read full report
July 31, 2015

Ghana: The 2015 Mid-Year Budget Review [Occasional Paper 04]

Occasional Paper 4. Ghana: The 2015 Mid-Year Budget Review On July 12, 2015 the Minister for Finance presented to Parliament a mid-year review of the 2015 budget, the performance of the economy during 2014 and the Supplementary Estimates. The presentation revealed that, Ghana’s fiscal performance showed a significant improvement during the first five months of 2015, with the fiscal deficit being less than the target for the period driven by improved revenue mobilization and expenditure containment. Click here to read full report