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Ghana Police to construct 70 operational centres

The Ghana Police Service (GPS) will commence the construction of 70 prefabricated operational centres to improve policing in 2020 towards ensuring peace the peace of the nation before, during and after the general election. Mr. Ken Ofori-Atta, who made the announcement when he presented the 2020 Budget Statement and Economic …

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Government will strongly push for domestic revenue mobilisation

Mr Ken Ofori-Atta, the Minister of Finance on Wednesday said government will in 2020, make a strong push for domestic revenue mobilisation, business regulatory reforms, and intensify drive for foreign direct investment, digitalisation, science and technology. He said this would consolidate the gains achieved within the last three years and …

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2020 Budget: No new tax imposition

The Finance Minister, Mr Ken Ofori-Atta on Wednesday presented the 2020 Budget Statement and Economic Policy without imposition of new taxes on businesses. He announced that a National Development Bank and an Enterprise Credit Scheme would be established to provide finance to industry, businesses, mortgage and entrepreneurs. The 2020 Budget, …

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Government reiterates commitment to support GRA

Government has reiterated its commitment to provide the necessary support to the Ghana Revenue Authority (GRA) in their ongoing reforms for 2020 and the medium term to optimize revenue collection. The full year yield from the 2019 midyear revenue measures are expected to be robust in 2020 to complement tax …

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2020 Budget: Government to pursue accelerated infrastructural development

Mr Ken Ofori-Atta, the Minister of Finance has announced that the government will in 2020 pursue an accelerated infrastructural development programme as part of efforts to boost the nation’s socioeconomic development. He said infrastructural development was a long-term commitment which required long-term financing. “We will aggressively pursue blended financing arrangements, …

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