Tag: ISSER
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Suppress appetite for high-interest loans – ISSER cautions govt
The Institute of Statistical, Social and Economic Research (ISSER) has cautioned the Government to suppress its appetite for high-interest loans. Professor Peter Quartey, Director, ISSER, noted that Ghana’s ongoing US$3 billion loan-support programme with the International Monetary Fund (IMF) could soon position the country to access loans on the capital market. He said this in…
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ISSER calls for limits on Bank of Ghana’s government financing
The Institute of Statistical, Social and Economic Research (ISSER) has called for a decrease in the Bank of Ghana’s (BoG) funding of the government budget, emphasising that such deficit financing by the central bank has significant implications for money supply, inflation, and the exchange rate. In its assessment of the government’s Mid-Year Budget, ISSER highlighted…
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ISSER calls for reclassification of Ghana’s affordable housing initiatives
The Institute of Statistical Social and Economic Research (ISSER) is urging for a reclassification of Ghana’s affordable housing initiatives to address the ongoing challenges faced by a significant portion of the population, particularly the average Ghanaian worker, in affording suitable properties. The Ministry of Works and Housing reported a housing deficit of approximately 2 million…
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ISSER to lead new research initiative to deepen digital financial inclusion
The Institute of Statistical Social and Economic Research (ISSER) at the University of Ghana is set to undertake a four-year multi-million-dollar research initiative. The Retail Finance Distribution (ReFinD) Research Initiative is focused on deepening digital financial inclusion and improving women’s access to financial services in low- and middle-income countries (LMICs). The project is led by Prof. Peter…
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Ghana lost $8 billion in undervaluation of gold exports between 2011 and 2017 – ISSER
The Institute of Statistical, Social and Economic Research says Ghana lost about 8 billion dollars between 2011-2017 in taxes due to the undervaluation of gold exports in the country. This was revealed in recent research work by the centre themed curbing Commodity-Trade related illicit financial flows, Policy options for Ghana. ISSER believes that the government…
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Social mandate of DBG should not override commercial interest – Dr. Vera Fiador
A senior lecturer at the Department of Finance of the University of Ghana, Dr. Vera Fiador says even though the Development Bank Ghana (BBG) is being established with a social mandate of providing patient capital for specific sectors of the economy, Investment drawings from the bank must also be financially sustainable. DBG is being established…
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ISSER advocates for effective revenue mobilisation for economic recovery
The Institute of Statistical, Social and Economic Research (ISSER) has asked the government to limit human contact in the country’s revenue mobilization by introducing automated and computerized tax collection systems. According to the institute, human contact in revenue collection usually forms grounds for bribery and corruption which denies the country of needed revenue. Describing the…
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COVID-19 interventions must be targeted; not free for all – Economist
An Economist at the Institute of Statistical, Social, and Economic Research (ISSER), Prof. Peter Quartey, has asked Government to target its COVID-19 interventions towards those who really need it in order to ease pressure on the public purse. According to him, government can achieve this by relying on accurate data to determine low income earners.…
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Track COVID-19 expenditure to prevent corruption and misuse – ISSER to Gov’t
The Institute of Statistical, Social and Economic Research, ISSER, has asked government to track its expenditure occasioned by the COVID-19 pandemic. The Institute says funds disbursed to support businesses affected by the pandemic, must be monitored to ensure that they are going to the right targets to prevent corruption and misuse. Analyzing the 2020 Mid-year…
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Marginal slowdown in Ghana’s growth rate a cause for concern – Economist
A Professor of Economics at the Institute of Statistical, Social and Economic Research (ISSER), Peter Quartey, says the slowdown in Ghana’s growth rate for the first quarter is worrying. Latest data from the Ghana Statistical Service indicates that Ghana’s GDP growth rate slowed down to 4.9% in the first quarter of 2020, as compared to…