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Gross Domestic Product (GDP)

Kenya to cut fiscal deficit to 3 percent by 2023 from current 6.3 percent

Kenya is targeting to cut its fiscal deficit from the current 6.3 percent of the gross domestic product (GDP) to 3 percent by 2023,...
Bank of Ghana

Ghana government misses fiscal deficit target

Provisional data on the execution of the 2019 budget shows, the government has missed its fiscal deficit target for the first seven months. According to...

South Africa’s fiscal deficit set to worsen

South Africa's fiscal deficit is set to worsen primarily due to the country's growth outlook, which will put additional pressure on debt levels, the...

Kenya to lower fiscal deficit to ensure public debt sustainability

Kenya plans to lower its fiscal deficit progressively to 3 percent of gross domestic product (GDP) in the financial year 2021/22, down from 7.2...
Ken Ofori-Atta

Ghana government targets 4.2% fiscal deficit in 2019

The Ghanaian government is targeting to attain a fiscal deficit of 4.2 percent of Gross Domestic Product (GDP) in 2019, Finance Minister, Ken Ofori-Atta...

Ghana to issue US$220 million eurobond in 2018

Ghana will enter the global capital market next year to issue a 1-billion-Ghana-cedi (220.7 million U.S. dollars) eurobond, Ghana's finance minister Kenneth Ofori-Atta said...
Razia Khan

Razia Khan encourages Ghana to remove high fiscal deficit phase

Ghana needs to break the cycle of high level of fiscal deficit through institutionalisation of reforms that would make fiscal expansion more difficult. Ms Razia...

Ghana mulls law to limit fiscal deficit to five percent of GDP

GGovernment of Ghana seeks to pass a law that will limit annual fiscal deficit to Gross Domestic Product (GDP) ratio to five percent, Senior...
Ghana's Akufo-Addo sworn in

Ghana’s Total Debt Stock Rise To GH¢122 Billion

President Nana Addo Dankwa Akufo-Addo, on Tuesday, said there is no fiscal space left for borrowing to meet the development aspirations of Ghanaians because...
Seth Terpker, Finance Minister.

Weak petroleum revenue pushes Ghana to miss fiscal deficit target

Ghana is set to miss the 5-percent fiscal deficit target set for the 2016 fiscal year due to shortfalls in petroleum revenue and foreign...
Finance Minister Seth Terkper

Ghana sets 5.3 percent fiscal deficit for 2016

According to him, this will help the country avoid the election year over-runs cycle Ghana has been known for over the past 22 years....
The head of the IMF, Christine Lagarde, said there would be regular checks on Ukraine's progress

Strict Adherence to IMF support programme will do Ghana good.

The International Monetary Fund (IMF) said forceful and sustained implementation of the fund's three- year support program for Ghana will be essential to address...

IMF puts Ghana’s fiscal deficit at 10% for 2013

The International Monetary Fund (IMF) projected here on Friday Ghana would run a 10 percent fiscal deficit for the year 2013, instead of the...