Tag Archives: Institute of Fiscal Studies

Non-oil sector growth ‘disappointing’ – IFS

IFS Budget Review

The Institute for Fiscal Studies (IFS) has said government must do more to grow the non-oil sector of the economy, which has remained subdued, after oil production from the Jubilee and TEN fields boosted growth to 6.6 percent in the first quarter of the year. Oil production within the period under review increased by 58.9 percent year-on-year, whilst the non-oil ...

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Budget built on weak foundation — IFS

IFS Budget Review

Economic fundamentals remain weak, and so the 2017 budget lacks a strong foundation, the Institute for Fiscal Studies (IFS) has said, asking the new government to hasten slowly on its ambitious plans. According to the Executive Director of the economic policy think tank, Prof. Newman Kusi, the ambitious nature of the budget which is titled, “Sowing the Seeds for Jobs ...

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