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The government has started a review of Ghana’s Value Added Tax (VAT) system to help address the challenges businesses face under its current structure, the Ministry of Finance has said. The Minister of Finance, Dr Cassiel Ato Forson made this known in a Facebook post on Monday,...

The first tranche of the $3 billion International Monetary Fund (IMF) support will be released immediately after the Executive Board of the fund approves the country’s programme on Wednesday, May 17, 2023, the Minister of State at the Ministry of Finance, Dr Mohammed Amin Adams,...

The Minister of Finance, Mr Ken Ofori-Atta, has explained that the decision to revoke the licences of seven banks was taken to save about 50,000 white-collar jobs in the overall financial sector, describing the decision as one of the most reflective periods in the history of the...

The Bloomberg Guide to the Ghanaian Economy in 2018 Report has painted a positive picture about the country’s economic prospects, saying the economy grew 9.3 per cent in the third quarter of last year as oil production increased. It said the growth, if sustained, would mark a...