The government has set the right economic tone in its first 100 days in office to signal a positive investment climate for the country to attract the right Foreign Direct Investments (FDIs) to boost the economy, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Yofi Grant, has said.
He also noted that the policies outlined in the 2017 budget and the government’s economic policy had also boosted the confidence of the players in the private sector while creating the environment to spur growth and create jobs for the people.
Ghana and the Czech Republic have signed a Double Taxation Agreement to enable nationals of both countries to pay income taxes only once to one of the countries.
Inflation rate for the month of March hit 12.8 per cent compared to the 13.2 per cent recorded in February 2017. This means that the general price level of goods and services went up by 1.3 per cent between February 2017 and March 2017, an indication that prices of items could be sold at a lower rate.
The drop is the third consecutive time in 2017 that Ghana’s inflation rate has dipped, the lowest since December 2013.
The government has released GH¢465 million for the commencement of the one-district-one-factory project. It has also released GH¢256 million for the revamping of 100 private commercially viable and distressed companies throughout the country.
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