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Secondary Education Improvement Project

Why did the World Bank agree to lend money to Ghana for secondary education at this time of tight budget control? Ghana's Constitution mandates that all efforts are made to make education gradually universal and progressively free. With access to primary education becoming near universal in Ghana, new priorities are emerging at post-basic level where the demand for secondary education is fast increasing and the supply of SHS has not kept pace.

Reminder: Withholding of Taxes

The Ministry of Finance wishes to remind the general public that all importers must use their Tax Identification Number (TIN) when clearing goods from the port and pay their withholding taxes if they are not exempted.

Parliament Passes Excise Bill 2013

Parliament yesterday passed into law a bill to exert punitive measures on persons who manufacture excisable goods in the country without registering with the Ghana Revenue Authority (GRA). (June27, 2014)

GSS Releases Producer Price Index (PPI) For May 2014

Between May 2013 and May 2014, the country’s year-on-year Producer Price Inflation (PPI) increased by 33.1%, representing an increase in producer price inflation by 1.8 percentage points, relative to the 31.3% rate recorded in April 2014.

700 million Euro Fund For SMEs

The Dutch government has announced a 700 million Euro initiative to support the development of small and medium scale enterprises in emerging countries, including Ghana.

RELEASE OF FUNDS FOR THE JUDICIAL SERVICE

The Ministry of Finance has noted with concern a statement from the Ghana Bar Association, published in various media that the Ministry had not released subvention to the Judicial Service for about a year now leading to the suspension of services in some areas.

Finance Minister Outlines Measures To Sustain SSPP

As part of government measures to sustain and unravel challenges facing the implementation of the Single Spine Salary Pay Salary (SSPP), government is implementing some administrative measures such as enforcement of the Net Recruitment of staff for MDAs and MMDA, with the exception of Education, Health sectors and the Security Services.

Housing Project For Ghana Revenue Authority Staff Launched In Accra

More than 800 members of staff of the Ghana Revenue Authority (GRA) will own houses before their retirement under a housing project launched in Accra, yesterday.

Under the project, workers of the GRA who own land in Prampram, Oyibi, Kasoa, Gomoa Nyanyano, Obakrowa and Adjin Kotoku will have houses built for them on the lands to be paid for in ten years with their contributions to be deducted at source.

Customs Bill Undergoes Second Reading

Members of Parliament yesterday took the Customs Bill through its second reading granting it a safe passage into the consideration stage for proposed amendments.

The Bill seeks to revise and consolidate existing provisions in relation to the imposition of customs duties into one single Act to make it user friendly and to provide for related matters.

 

SIC Life Insurance Company Presents Dividend To Government

The SIC Life Company Limited has presented a cheque of GH¢2.05 million to Government, a major shareholder of the company. This represents Government’s dividend for the 2013 accounts.  
 

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