• 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

World Bank warns of persistent uncertainty among Ghanaian firms amid inflation and taxation concerns

2 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
97
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

World Bank warns of persistent uncertainty among Ghanaian firms amid inflation and taxation concerns

World Bank Practice Manager, Mehnaz Safavian, has warned of persistent uncertainty among Ghanaian firms as inflation and high taxation weigh heavily on outlooks.

Commending Ghana’s efforts to uphold macro-fiscal and financial stability, Ms Safavian stressed the importance of continued governmental support amid economic challenges.

“The survey shows that the outlook for firms remains uncertain, with firms being worried about inflation and high taxation. In this regard, GoG’s continued efforts to ensure macro-fiscal and financial stability are welcome,” she remarked.

The latest iteration of the COVID-19 Business Tracker Survey, spanning over 50 countries, shifts focus to recovery and highlights the resilience of firms grappling with evolving challenges, including climate considerations and digital transformation.

Speaking at the launch of Wave Four of the COVID-19 Business Tracker Survey, Ms Safavian underscored the critical role of the private sector in propelling Ghana’s growth trajectory, urging increased investment and productivity to spur job creation and economic advancement.

Amidst the survey’s revelations, Ms Safavian underscored the transformative potential of digital technologies embraced by Ghanaian firms, yet laments the tepid adoption of energy-efficient solutions in addressing climate-related challenges.

RelatedPosts

Producer Price Inflation Rises Marginally to 3.2% in September 

LaLiga Cancels Barcelona vs. Villarreal Match Scheduled to Take Place in Miami

Black Queens Coach Confident Ahead Of WAFCON Qualifier Against Egypt

As global trade norms demand higher environmental standards, she posits that Ghana must accelerate its transition towards sustainability to enhance competitiveness on the international stage.

In essence, Safavian’s insights underscore the pressing need for concerted efforts to bolster Ghana’s economic resilience through innovative solutions and strategic policymaking. As the nation navigates uncertain terrain, collaborative action between government and private sectors emerges as a linchpin for sustainable growth and global relevance.

Tags: inflation and taxationWorld BankWorld Bank warns of persistent uncertainty among Ghanaian firms amid inflation and taxation concerns
No Result
View All Result

Highlights

UEFA Champions League: Bayern and Real Madrid Stay Perfect, Liverpool and Chelsea hit Five In Record-Breaking Week

Gold Price Falls by Most in Over a Decade as Rally Cools

Businesses Flock to Ethiopia’s Newly-Opened Banking Market

Among Africa’s Top Performing Currencies — the Zambian Kwacha

PIAC Urges Increased Investment in Petroleum Sector as Ghana Projected to Capture 20% of West Africa’s $80bn Oil and Gas Market by 2033

BoG Reviewing Consumer Recourse Mechanism to Address Gaps in Complaint Redress System, Says 2nd Deputy Governor

Trending

Business

Producer Price Inflation Rises Marginally to 3.2% in September 

October 23, 2025

Producer Price Inflation Rises Marginally to 3.2% in September  Ghana’s year-on-year Producer Price Inflation (PPI) for all...

LaLiga Cancels Barcelona vs. Villarreal Match Scheduled to Take Place in Miami

October 23, 2025

Black Queens Coach Confident Ahead Of WAFCON Qualifier Against Egypt

October 23, 2025

UEFA Champions League: Bayern and Real Madrid Stay Perfect, Liverpool and Chelsea hit Five In Record-Breaking Week

October 23, 2025

Gold Price Falls by Most in Over a Decade as Rally Cools

October 22, 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.