Primary balance as fiscal anchor…a soft target and retrogressive step ghanamma.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanamma.com Daily Mail and Mail on Sunday newspapers.
In his 2023 Mid-Year Review (MYR) Statement to Parliament, the Minister for Finance (Hon. Ken Ofori-Atta) made the following significant departure to date from Ghana’s prudent public financial reforms and best practice in Paragraphs 72 and 73.
Primary balance as fiscal anchor…a soft target and retrogressive step thebftonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebftonline.com Daily Mail and Mail on Sunday newspapers.
in other words, jobs in china. so that s part of the controversy about this bailout. separate from the fact that bondholders did take a hit in the bailout for gm bill: so what the administration would argue, as you know, is that the gm bailout saved the economy and saved the auto industry. reporter: yeah, that s right, bill. in other words, we avoided a depression, that s the word from the treasury secretary. we saved midwest manufacturing. one estimate has that we saved 1.9 million jobs in both gm, chrysler and the automotive industry and also that it was, essentially, nearly $40 billion in tax revenues are now coming in the door if from those jobs saved. but the bailout costs could be higher than ten and a half billion, it could actually be 15 billion when you fold in the bail outs of the financing arm. bill: did we have to sell our shares? reporter: yeah, that this the question, could we have stayed in it longer bill: i mean, that s the kind of deal i make, you know?
to continue that relationship with the united states. the nick clegg holds the balance of power or the d,ms take office, he s much more euro-sent trick and, indeed, one of the criticisms about him has been he would, some people say, water down, tone down, put down the trans atlantic relationship. he would focus it much more towards the european union. the big issue now and i ve got to say this because eventually you re going to face it on your side of the atlantic is as you come out of recession, how are we going to pay for the bailout costs, the tax rises, and the spending cuts? and that s been the big issue in this election tonight. you are right to say it. it s coming our way. that s for sure. richard quest in london for us. still to come in the newsroom, reports of oil reaching shore in the gulf of mexico. we re updating your top stories straight ahead for you. you re the one