Tag: 2020 Mid-Year Budget Review
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Make provision for our $1.4bn debt in mid-year budget – IPPs to Gov’t
Ahead of the presentation of the 2020 Mid-Year Budget Review in Parliament on Thursday, July 23, the Chamber of Independent Power Producers and Bulk Consumers, CIPDiB, is asking government to capture the payment of the about USD$1.4 billion debt owed them in the budget. According to the Chamber, which is made up of the Sunon-Asogli…
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Widen tax net to make up for oil revenue shortfalls in mid-year budget – COPEC to Gov’t
The Chamber of Petroleum Consumers Ghana, COPEC, says government would have to be more serious about broadening the tax net especially by capturing the informal sector if it hopes to make up for the revenue shortfalls created by fallen crude oil prices. According to COPEC, the COVID-19 pandemic has presented an opportunity for government to…
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Comprehensive policies needed in post COVID-19 recovery – IEA
The Institute of Economic Affairs (IEA), says properly coordinated and comprehensive policies are required to ensure a post-COVID-19 pandemic recovery. It says the recovery would be difficult and protracted as the pandemic has caused extensive disruption to Ghana’s economy, severely affecting businesses, jobs and livelihoods. The IEA, in its summary of policy initiatives to government,…
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Account for funds secured for COVID-19 interventions – Terkper to Gov’t
Ahead of the presentation of the 2020 Mid-Year Budget Review to Parliament on Thursday, July 23, 2020, a former Finance Minister, Seth Terkper, has challenged government to come clean on the use of the various funds set aside to deal with the impact of the COVID-19 pandemic. In dealing with the impact of the ravaging…