Ghana business news the first place for your business news. Ghana government budget value 20122019 data 20202022. Accordingly, the budget is centered on accelerating. Budget for 2017 business and investment on 2 march 2017, the minister of finance presented the budget for 2017 to parliament. Ghana budget 2016 budget statement and economic policy 2016 1. Through the 2017 budget statement, the government has indicated its intention to use petroleum revenues to extend free basic education to the secondary levelmeaning shs. Finance minister presents 2020 budget statement and financial policy to. This page provides ghana government budget actual values, historical data, forecast, chart. Nov 15, 2015 ghana budget 2016 budget statement and economic policy 2016 1. Escalation of the use of third party informationdata, particularly from the ghana customs management system gcms, traderelated aspects of intellectual property rights trips and ghana integrated. Ghana s minister of finance, ken oforiatta, presented the 2018 budget statement and economic policy to parliament on wednesday, 15 november 2017.
Nov, 2015 click here to download the full 2016 budget document. The economy of ghana has a diverse and rich resource base, including the manufacturing and. The statistic shows ghanas budget balance in relation to gdp between 2014 and 2018, with projections up until 2024. The 2016 budget statement and economic policy of the government of ghana is also available on the. Oct 28, 2019 the statistic shows ghana s budget balance in relation to gdp between 2014 and 2018, with projections up until 2024. Ken oforiatta, presented the 2019 budget statement and economic policy to parliament on thursday 15 november, 2018. Ghana recorded a government budget deficit equal to 3. Nov, 2015 highlights of 2016 budget statements and fiscal policy of the government as presented by mr seth terkper, minister of finance and economic planning on friday. It is easy to understand where you can calculate the difference for any under or over spending that you must consider. Nov 14, 2015 the finance minister, mr seth terkper, presented the 2016 budget and economic policy of government to parliament on friday, november. The minister of finance, ken oforiatta, presented in the 2019 budget statement. Ghana parliament approves 2016 budget ghana business news.
A positive value indicates a budget surplus, a negative value indicates a deficit. The film takes place in the year 2010 and follows ghanaians who must survive a group of hostile aliens who invade accra in the hopes of colonizing the world by the year 2016. The finance minister, mr seth terkper, presented the 2016 budget and economic policy of government to parliament on friday, november. Pwc 2016 budget highlights 3 direct taxes will generate about 32% of the total revenues while indirect taxes is expected to be the highest contributor with over 44% contribution. Ghana recorded a government budget deficit of 3582. The 2016 budget statement and economic policy of the government. Budget statements 19982018 a budget is a plan for the near future detailing saving and spending expenditures. Budget for 2016 details on november 2015, the budget for 2016 was presented to parliament by the minister of finance. Pdf this piece explains the 2019 budget in a simple, by providing a snapshot of the imminent items in the budget and also present a candid. Budget highlights budget statement and economic policy of the government of ghana for the 2018. It consists of a list of all planned expenses and revenues. In 2018, the inflation rate in ghana amounted to about 9.
Budget statement and economic policy of the government of ghana for the 2016 financial year. The budget statement and economic policy of the government of ghana for the 2016 financial year presented to parliament on friday, th november 2015 by seth e. Afz airport free zone ag associated gas agi association of ghana industries. The main tax proposals included in the budget are summarized below. Nov 14, 2017 ahead of the 2018 budget presentation, on wednesday, the deputy minister for finance, mr kwaku kwarteng, says ghanaians should expect a budget that will improve the macroeconomic environment, for. Nov, 2015 a new pfm bill is being drafted to be passed into law in 2016 to provide a stronger regime for budget planning and formulation, execution and monitoring. Terkper minister for finance on the authority of h. Budget for free shs education is inadquate education. A budget is a plan that outlines where to get money from and what to spend it on. The 2017 budget statement and economic policy of the government of ghana is also available on the internet at. Funding ghanas free senior high school with oil revenue.
Ghana is planning to reduce its budget deficit to 5. The theme for the budget is putting ghana back to work. Infrastructure for poverty eradication programme ipep, free senior high school. Parliament is set to listen to the finance minister, ken oforiatta deliver governments budget for 2018. Finance minister ken ofori atta is currently before parliament presenting the budget for the 2018 financial year.
Highlights of 2016 budget statement ghana business news. Dec 10, 2015 after minority leader osei kyeimensahbonsu had criticised the governments handling of the economy, which he said has brought untold hardships on the ghanaian and eroded the gains that the previous npp administration had made in streamlining the economy, majority leader alban bagbin said the 2016 budget was good for the people of ghana. Accumulation of public debt as a percentage of gdp. The budget templates will present your expenses and budget as a worksheet so that you can get in touch with your moneysaving methods. Ghana budget balance in relation to gdp 2024 statista. Pwc 2016 budget highlights 4 2016 budget highlights at a glance snapshot of 2016 budget statement improvements in tax revenue in 2015 have been constrained by fall in commodity prices and power supply challenges that led to slow down of growth in business activity. This page provides the latest reported value for ghana government budget value plus. Pdf 2019 budget statement made simple researchgate. The 2019 budget statement and economic policy is under the theme a stronger economy for jobs and prosperity. Accra ghana the 2017 budget statement and economic policy of the government of ghana is also available on the internet at. John dramani mahama president of the republic of ghana republic of ghana.
Progressive implementation of free senior high school. Finance minister, seth terkper, has presented the 2016 budget statement to parliament, where he revealed plans to tighten government expenditure going into an election year during which previous governments have overspent their budgets according to mr terkper, the president has assured of sustaining fiscal discipline despite 2016 being an election year. The budget statement and economic policy 2019 financial year of the government of ghana for the presented to parliament on thursday, 15th november 2018 by ken oforiatta minister for finance on the authority of his excellency nana addo dankwa akufoaddo, president of the republic of ghana theme. Analysis of petroleum receipt for 2016 2018 january september. Daily budget planner, tipping information, duty free, taxes, refunds and bargaining money and costs in ghana lonely planet hi there, we use cookies to improve your experience on our website. Mar 22, 2017 basic education in ghana currently includes preschool, primary and junior high school. Budget for free shs education is inadquate education coalition. On fiscal policy the minister said it created additional fiscal space for sustainable budget expenditures and enhance efficiency in tax administration, compliance and increase tax revenue. Pwc 2018 budget highlights 2 i n a bid to consolidate the ghanaian economys path to macroeconomic stability and to boost the productive sectors of the economy, the 2018 budget statement the budget of government of ghana has the theme from stabilisation to growth.
The 2018 budget statement and economic policy of the government of ghana is also available on the internet at. Intensification of the monitoring of free zone enterprises by rolling out the integrated free zones unit. Ghana association of southern california is a nonprofit, nonreligious, nonpolitical organization founded to mobilize the ghanaian residents and other african descendants of southern california. The budget was under the theme, consolidating progress towards a brighter medium term. Mar 08, 2017 20170308 the governments budget for free senior high school shs education in the 20172018 academic year is inadequate to even cater for a terms expenditure, the ghana national. Ghana employers association and government, in order to provide an avenue. All the vertex42 budget templates can be downloaded for personal use and no charge. The microsoft evaluation center brings you fullfeatured microsoft product evaluation software available for download or trial on microsoft azure.
The purpose of this page is to recognize the need to bond together and care for each others welfare in times of need and support. Ghana association of southern california guidestar profile. The budget proposed the following tax measures with respect to business and investment as summarized below. The budget statement and economic policy ghana news. Download this app from microsoft store for windows 10, windows 10 mobile, windows 10 team surface hub. Ghana government budget 20042018 data 20192020 forecast. Ghana ranking as the thirdfreest in africa and 30thmost free in the world on. The common theme across various proposals of the 2018 budget reviving businesses with an aim to. Oct 28, 2019 in 2018, the inflation rate in ghana amounted to about 9. Try windows server 2016 on microsoft evaluation center.
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