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    Deadline for debt exchange program moved to February 7 with new terms

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    Policy Rate increased by 100 basis points; now at 28%

    Africa loses $88bn annually through illicit financial flows – Akufo-Addo

    AMA to roll out digital revenue collection system in March 2023

    We will not layoff Vodafone staff – Telecel

    Petrol to sell for GHS15 in February – IES

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

    Zenith Bank ceases trustee services in unit trust schemes in Ghana

    Gold for oil policy will reduce pressure on forex – Bawumia

    Ghana best place for business – Nana Addo woos UAE investors

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    MTN to fight $773m tax bill from government

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    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

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    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

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Senchi Report: Mahama to chair strategic advisory committee

bycitibusinessnews
July 29, 2014
in Business, Local Economy, Top Stories
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President John Mahama has announced he will chair the strategic advisory committee to recommend short-term policy alternatives to deal with the country’s economic challenges.

The committee will complement the implementation and advisory group that will monitor the execution of the Senchi Consensus following the National Economic Forum.

According to President Mahama, the medium to long term prospects of Ghana remain bright.

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He indicated that Ghana has  a very robust economy, “and even though we are going through some temporary challenges, our mid-term prospects are very good and government is working to put in place a fiscal consolidation policy which will ensure that we are able to stabilize the macro-economic environment in the short-term and that’s why we called a meeting in Senchi, which was a very successful meeting.”

President Mahama noted after the final report was presented to him, an  implementation and advisory group was set up to follow and monitor the implementation of the Senchi report and “I myself, I’m chairing the strategic advisory committee which is working on the policy alternatives that Ghana needs to implement in the short term in order to overcome the challenges that we face”.

Government recently presented a mid-year review and revised budget and macroeconomic targets for 2014 as part of efforts to contain the current economic downturn.

 

By: Rabiu Alhassan/citifmonline.com/Ghana

 

 

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