• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Seth Terkper Stresses Policy Continuity and Fiscal Discipline at Economic Dialogue

5 months ago
in Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
48
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Seth Terkper Stresses Policy Continuity and Fiscal Discipline at Economic Dialogue

Presidential Advisor on the Economy, Seth Terkper, has underscored the importance of policy continuity and fiscal discipline in stabilizing the economy.

Speaking on the sidelines of the National Economic Dialogue (NED) in an interview on Channel 1’s Point of View, Mr. Terkper emphasized the need for a clear policy direction, particularly in tax administration and government resource allocation.

Mr. Terkper noted that while Ghana has established economic policies and standards, challenges remain in their implementation.

He pointed out that uncertainties in tax policies and inconsistencies in addressing fiscal concerns have affected economic stability.

“We have a policy consensus. We have our standards. Often, when we have this setting, tax issues emerge, and we do not appear clear on where we are,” he stated.

Reflecting on past fiscal challenges, he highlighted the impact of government defaults on economic stability, stressing that previous financial missteps “came home to bite.”

RelatedPosts

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

He drew parallels between the current economic challenges and those experienced in previous years, particularly in 2016 when government resources were stretched thin.

He further emphasized that the government’s approach to consolidating resources has been instrumental in improving liquidity.

“We started out with 16, we had the allocator, but we were not using it. It is crucial to begin tackling borrowing effectively,” he said, referencing past budget constraints and the need for prudent financial management.

Mr. Terkper also touched on tax revenue trends, noting a decline in tax collection rates from approximately 24% to 16% over time.

He described this as a significant concern, underscoring the importance of maintaining consistent tax policies to support economic growth.

Addressing the continuity of policy initiatives, Mr. Terkper remarked that many of the government’s current strategies are not entirely new but are built upon previous frameworks.

“What the president and the minister are talking about are not necessarily new initiatives; they are continuations of previous programs aimed at stabilizing the economy,” he explained.

He cited infrastructure projects as an example of policy continuity, highlighting that many contracts in key sectors such as energy and growth industries were awarded under past administrations.

“Why continue to award new contracts when there are existing projects in the pipeline?” he questioned, advocating for a more strategic approach to public investment.

On the broader economic outlook, Mr. Terkper acknowledged that while progress has been made, challenges remain. He emphasized that fiscal consolidation and sector-specific strategies will be critical in driving economic recovery.

He urged policymakers to focus on long-term structural solutions rather than short-term fixes.

The Economic Dialogue is expected to yield actionable recommendations that will inform government policies and strategies aimed at achieving long-term economic stability and growth.

Tags: fiscal disciplineSeth TerkperSeth Terkper Stresses Policy Continuity and Fiscal Discipline at Economic Dialogue

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

OPEC+ Nears Decision Point on Next Oil Output Hike

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Trending

Business

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

August 3, 2025

Multichoice Rebuffs Minister's Claim On DSTV Price Cuts, Cites Market Conditions MultiChoice Ghana has pushed back against...

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.