• 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

National Economic Dialogue Outlines Policy Roadmap for Economic Recovery

5 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
104
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

National Economic Dialogue Outlines Policy Roadmap for Economic Recovery

The recently concluded National Economic Dialogue (NED) has presented a six-point policy framework aimed at accelerating economic recovery, ensuring long-term stability, and fostering sustainable growth.

The recommendations, issued by the Committee overseeing the Dialogue, set out an ambitious reform agenda for the Government.

Restoring Macroeconomic Stability

Policymakers must prioritize macroeconomic stability to rebuild confidence in the economy. This entails enhancing fiscal and monetary policy coordination, reviewing the foreign exchange retention framework, and implementing comprehensive tax reforms, including broadening the tax net, revising VAT rates, and tackling revenue leakages.

Additionally, a comprehensive overhaul of public financial management (PFM) is necessary, ensuring compliance with the PFM Act, 2016 (Act 921) and reforming the Fiscal Responsibility Act, 2018 (Act 982).

Strengthening corporate governance in state-owned enterprises (SOEs) and enforcing fiscal discipline within public agencies remain crucial to expenditure control.

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

Pursuing Inclusive Growth

The Government is urged to drive economic transformation through industrialized agriculture. This includes establishing and enhancing agricultural institutes to boost innovation and skills development. A streamlined tax regime for agricultural inputs and outputs will also enhance efficiency and sector competitiveness. Addressing skill gaps through strategic workforce planning is another priority.

Unlocking Private Sector GrowthTo unlock the full potential of the private sector, the Government should institutionalize structured engagement with businesses, strengthen awareness of the African Continental Free Trade Area (AfCFTA), and provide targeted support to firms.

Directing a portion of banks’ cash reserve requirements to credit creation and streamlining company registration and licensing processes will also enhance the business environment.

Addressing Infrastructure Deficiencies

A well-functioning infrastructure system is pivotal to economic development. The NED proposes introducing investable asset classes via the Ghana Stock Exchange (GSE) and the Ghana Infrastructure Investment Fund (GIIF), revising pension fund investment rules to align with infrastructure projects, and enforcing strict performance management in road construction and maintenance. The Road Fund must be safeguarded for maintenance and operational improvements.

Structural and Policy Reforms

Energy sector efficiency is essential, requiring a full review of the Electricity Company of Ghana (ECG) and renegotiation of Independent Power Producer (IPP) contracts.

Measures to tackle illegal mining, improve cocoa sector efficiency, and reposition COCOBOD under the Ministry of Finance are also recommended. Land reclamation and afforestation strategies must be prioritized.

Governance and Accountability

The Government is encouraged to advance constitutional reform, enhance parliamentary oversight, introduce a regulatory framework for political party financing, and strengthen independent governance institutions. Swift implementation of these measures is critical to economic recovery and long-term stability.

Tags: National Economic DialogueNational Economic Dialogue Outlines Policy Roadmap for Economic Recovery

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.