• 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

Prof. Gatsi Endorses 2025 Growth Projection but Warns of Fiscal Challenges

5 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
105
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Prof. Gatsi Endorses 2025 Growth Projection but Warns of Fiscal Challenges

Ghana’s 2025 growth projection of 4.4% aligns with best practices but requires prudent fiscal management to remain credible, according to Professor John Gatsi, Dean of the University of Cape Coast Business School.

Speaking at a parliamentary workshop on the 2025 budget, Prof. Gatsi highlighted the government’s efforts to narrow the fiscal deficit from 7.9% to 3.1% and shift the primary balance from a 3.9% deficit to a 1.5% surplus. However, he cautioned that achieving these targets demands a moderate and realistic growth trajectory.

He stressed that the credibility of macroeconomic programmes is critical to fostering investor confidence, maintaining stability, and sustaining growth. While Ghana’s 2024 economic performance of 5.7% outpaced that of ECOWAS, Sub-Saharan Afca, and emerging market averages, he warned against setting unrealistic growth targets.

Despite improvements in the debt-to-GDP ratio, Ghana continues to miss key ECOWAS benchmarks on budget deficit, inflation, and structural reforms. Prof. Gatsi noted that achieving the projected 11.9% inflation would require significant fiscal discipline and unwavering policy commitment.

“The policy measures seem sound, but their success hinges on absolute commitment to execution,” he added.

His remarks come as Ghana navigates a challenging macroeconomic environment, balancing fiscal consolidation with the need for social and infrastructure investments.

RelatedPosts

Defence Minister and Environment Minister Among 8 Confirmed Dead in Military Helicopter Crash

Serie A Players Face 25% Pay Cut if Relegated Under New Agreement

Osaka and Keys Advance to Quarter-Finals at Canadian Open

Tags: fiscal challengesProf. Gatsi Endorses 2025 Growth Projection but Warns of Fiscal Challenges

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

Ghana Armed Forces Helicopter Crashes in Adansi Akrofuom, 8 Feared Dead 

Cedi Appreciation Triggers 50% Drop in Remittance Inflows

Inflation Drops 160 basis points to 12.1% in July, Lowest Rate Since October 2021

Kwaku Azar Writes: Is Another SML Brewing at GACL?

GRA Refutes NIA’s Debt Claims, Cites Lack of Regulatory Approval and Service Agreement

Tullow Oil Posts $61 Million Loss for H1 2025 on Lower Oil Prices, Reduced Output

Trending

Features

Defence Minister and Environment Minister Among 8 Confirmed Dead in Military Helicopter Crash

August 6, 2025

Defence Minister and Environment Minister Among 8 Confirmed Dead in Military Helicopter Crash Ghana’s Minister for Defence,...

Serie A Players Face 25% Pay Cut if Relegated Under New Agreement

August 6, 2025

Osaka and Keys Advance to Quarter-Finals at Canadian Open

August 6, 2025

Ghana Armed Forces Helicopter Crashes in Adansi Akrofuom, 8 Feared Dead 

August 6, 2025

Cedi Appreciation Triggers 50% Drop in Remittance Inflows

August 6, 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.