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Terkper rejects IMF pessimism

Minister of Finance Seth Terkper says pessimism about the country’s recently announced three-year programme with the International Monetary Fund (IMF) is premature. Mr. Terkper, responding to the economic policy think-tank Institute for Fiscal Studies which had raised questions about government’s ability to meet IMF conditionalities, said the organisation’s stance is unfounded. The Finance Minister in an in ...

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Impose 20% tax on palm oil importation

The economy stands a chance of raising approximately US$20million annually if government is able to impose a 10 percent adjustment tax in addition to the 10 percent ECOWAS Common External Tariff (CET) on importation of crude palm oil (CPO), B&FT has been told. Being a major net importer of the CPO,the country's domestic consumption is pegged at about 370,000 metric tonnes of palm oil in refined and crud ...

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GhIPSS declares NSS payroll 90% clean

[wpdevart_like_box profile_id="" connections="6" width="300" height="550" header="0" locale="en_US"]The Ghana Interbank Payment and Settlement Systems (GhIPSS) is confident the payroll of national service personnel is now almost clear of ‘ghost-names’ three months into payment of service allowances through the e-zwich payment platform. Since February 20 this year, the National Service Secretariat (NSS) has ...

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