Tag: IFS
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Stopping dollar auction: Currency analysts demand stable FX market
Currency analysts are impressing on the Bank of Ghana to intensify its efforts to stabilize the forex market and help forecasting in the market. It follows the central bank’s decision to halt the auction of dollars to banks in a bid to address the depreciation of the cedi. Governor of the Bank of Ghana Dr.…
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IFS cautions gov’t over sustainability of free SHS policy
The Institute for Fiscal Studies (IFS) has warned of a potential dip in the quality of education if government fails to identify pragmatic funding sources to sustain its free SHS policy. The Institute says the fundamentals for achieving the objectives require robust and sustainable funds which need to be considered critically. In a post analysis…
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IFS cautions against terminating IMF deal
The Institute for Fiscal Studies (IFS), has cautioned of massive cuts in foreign aid and grants should government terminate the agreement with the International Monetary Fund, IMF. According to the Institute, Ghana’s stay with the IMF program has sustained support from some donor agencies. “Complete termination is not advisable because most of our development partners…
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Reducing Ghana’s debt levels; MMDAs must generate their own funds – IFS
Government has been impressed upon to adopt fiscal decentralization policies and reduce the stress on the national budget. Proponents of this policy believe the overdependence of local governments on the national budget has contributed to increasing government obligations and subsequently the rising debt levels of the state. In its latest report on the economic priority…
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IFS renews pressure to hedge Ghana’s oil
The Institute of Fiscal Studies (IFS), has made fresh calls for Ghana to hedge its oil to protect the country from shocks in the global price of crude. The Institute is warning the country risks missing out on its 7 percent growth target for 2017 should prevailing conditions on the global oil market persist. “We…