Latest News Lead Story

Ghana, Denmark Sign Tax And Development Agreement

Ghana-DenmarkGhana and Denmark yesterday signed an agreement on a four- year Tax and Development Programme, implementation, spanning 2015 to 2018.

A statement from the Danish Embassy in Accra said the programme is designed to support economic governance and the sustainability of Ghana’s public finances.

The programme is part of Denmark’s overall strategy for the evolution of its relationship with Ghana, transitioning from mainly development cooperation to increased political and commercial cooperation.

The programme contributes to the Denmark-Ghana Partnership Policy, which reflects the evolving relationship between Ghana and Denmark as Ghana becomes increasingly self-reliant.

The objective of the programme is to improve economic governance in Ghana by increasing revenue mobilisation, strengthening revenue administration and improving accountability of Government to its citizens.

The programme comprises tax and development with Ghana Revenue Authority, and the other two, dealing with domestic accountability.

See also  Ghana Signs New $498 Million Compact With The US

The Domestic Accountability Engagements will be carried out with two civil society organisations – the IMANI – Centre for Policy and Education and Ghana Integrity Initiative.

Total funding for the programme is Danish Kroner (DKK230.0 million), approximately $40 million.

 

Source: GNA

Related Posts

South Africa Passes Its First Sweeping Climate...
South African President Cyril Ramaphosa  South African President Cyril Ramaphosa has...
Read more
Leading Entrepreneurs in South Africa host West...
Alldens Lane, a Business Advisory and Consulting Firm, has led...
Read more
President Akufo-Addo On A 12-Day Visit To...
[caption id="attachment_16763" align="aligncenter" width="600"] President Nana Addo Dankwa Akufo-Addo[/caption] President Nana...
Read more

Leave a comment

Your email address will not be published. Required fields are marked *