Monetary Policy

Ghana’s 2024 Budget Review: Tax Components, Revenue and Expenditure

The Minister for Finance presented the Budget Statement and Economic Policy of the Government of Ghana for the 2024 financial year (“Budget Statement”) to Parliament on 15 November 2023. The Budget Statement was under the theme “pursuing growth & development within a stable macroeconomic environment”, which is locally referred to as the “NKUNIM Budget”. It …

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Analyzing Ghana’s 2023 Mid-Year Budget Review: Meanings and Implications for Businesses.

On the significant date of July 31st, 2023, a pivotal event unfolded as the Minister for Finance, Hon. Ken Ofori-Atta, stood before a captive audience to deliver a comprehensive budget review statement. This statement bore the essence of the 2023 fiscal year budget, a cornerstone of the governmental framework that orchestrates the financial destiny of …

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