Accra Skyline - Ghana

EconomyGhana

IMF gives Ghana positive review on revenue and tax reforms

The IMF praised Ghana's revenue performance and tax administration progress after the first PCI review. It urged the country to put fiscal gains into investment and jobs in its 2027 budget.

Photo: Synth85, CC BY-SA 4.0, via Wikimedia Commons

Economy ·

The IMF gave Ghana a positive assessment after the first review of its Policy Coordination Instrument (PCI). It acknowledged strong revenue performance and progress on tax administration reforms.

Economy

The fund cited the review of the customs and excise laws, which was finished ahead of schedule. It also pointed to continuing moves to go digital, including the Integrated Tax Administration System (ITAS) and electronic fiscal devices.

Economy

The IMF also cited prospects for higher non-oil revenue in 2027. It urged Ghana to channel fiscal gains into investment and jobs in the 2027 budget.

Where
Ghana
Published
Section
Economy

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
Photo: Synth85, CC BY-SA 4.0, via Wikimedia Commons

Back to the front page

More news

Bank of Japan headquarters in Tokyo, JapanEconomy risingCentral banks weigh December rate increases as US jobs data firmsStrong US labor data raised bets on a Federal Reserve rate hike. Wage growth backs a Bank of Japan move in December, and two Polish policymakers see a December rise as an option.US 10-year Treasury yielddown −7.83%1 monthMunch - Workers on the Building Site. Draft for a Decoration of Oslo City Hall, 1931–1933, MM.M.00977Economy risingUS employers add 165,000 jobs in October as unemployment dips to 4.1%The US economy created 165,000 jobs in October, and the unemployment rate edged down to 4.1%. Steady hiring supports household incomes and the broader economy.Seat of the European Central Bank and Frankfurt Skyline at dawn 20150422 1EconomyFed seen raising rates gradually while ECB gathers dataA stable U.S. labor market keeps the Fed on course for gradual rate increases. The ECB is collecting data before a December rate decision. Borrowing and saving costs depend on both.Skyline view of Downtown Ottawa from Parliament Hill - July 2010EconomyCanada's jobless rate rises to 6.7%, a six-month highCanada's unemployment rate rose to 6.7%, its highest in six months. Traders scaled back bets that the Bank of Canada will raise interest rates.Ambassador Bridge from the Detroit River, Windsor, Ontario, 2025-07-27 03EconomyDemocrats weigh measure to roll back Trump's Canada tariffsDemocrats are considering a measure to roll back President Donald Trump's tariffs on Canada. Commentators disagree on whether the party should embrace tariffs and whether they work.National Diet Building - Tokyo, Japan - DSC06736EconomyJapan's lower house passes consumption tax cut billJapan's lower house has passed a bill to cut the consumption tax. A separate bill on a food tax cut and cash benefits is due for a vote Friday.Dollar in yenup +0.02%1 month