Speech by Charles Adu Boahen, Dep. Minister for Finance at the 2018 Capital Market Week at Labadi Beach Hotel - October 25, 2017
Speaking Notes for Media Briefing By Hon. Minister of Finance On The Public Financial Management ACT, ACT 921
The passage of this Act has become necessary to codify the best practices that have emerged with the implementation of major reforms in budgeting and accounting since 2010 under the GIFMIS project. In addition, continuing fiscal challenges which require some structural changes are addressed in this Act. There are also provisions setting out new policy measures regarding borrowing and debt management among others.
As you know, the Ministry has been implementing major structural reforms in Budgeting, Accounting, Payroll management, Revenue management, Debt management and Auditing over the past five years. We believe that the passage of the law will tie some of the key reforms together and provide a more coherent and overarching framework for the fiscal management of the public sector.
Speech by hon. Minister of Finance, Ghana (Seth Terkper) IMF international Seminar for Tax Policy and Administration Topical Trust Fund (tpa-ttf) Beneficiary Countries. Theme: “Managing Tax Administration Reform Programs”
Mr. Chairman, notwithstanding an extremely challenging macroeconomic environment, most Low and Lower Middle Income countries (LLMICs) including Ghana have recorded a robust but gradually declining growth over the past decade. The Ghanaian economy has started a turnaround to continue to remain resilient, and despite recent slowdown, is currently in its thirteenth (13th) consecutive year of expansion It combines improvements in macroeconomic management and strong capital investments in infrastructure and the energy sector during this period.
Remarks Delivered by IMF Deputy Managing Director, Min Zhu at a Media Briefing Held at the Mövenpick Hotel, Accra, Ghana - 2nd February, 2016
This is a crucial time for this country. For many years, Ghana stood out as a model for democracy and social stability. Your achievements in reducing poverty levels, improving the welfare of most vulnerable and providing key social services such as health and education were noticed in the region. But the past few years have been characterized by uncertainty and challenges: fiscal and external imbalances, depressed commodity prices, a growing public debt, high inflation and a weakening currency are creating a difficult outlook for the country.