More from IFS
Understand this issue

How important is the OBR forecast?
The OBR forecast will underpin the Chancellor’s decisions at the next Spring Forecast.
12 February 2025

Debt can be redefined but it won’t disappear. Hard decisions are needed
23 October 2023

Forecasting is hard enough without basing it on fictional assumptions
14 August 2023
Policy analysis

OBR successive forecasts for productivity growth and out-turn (Index: 2008 = 100)
OBR productivity growth forecasts have historically been over-optimistic: a downgrade to the OBR's forecast could cause a real fiscal headache.
28 March 2025

Spring Statement 2025: initial IFS response
In response to deteriorating global economic conditions, Rachel Reeves chose to fine-tune her spending plans to continue to meet her fiscal rules.
26 March 2025

Public sector net financial liabilities: out-turn and official forecasts
Debt is forecast to stabilise by 2027-28, meeting the debt rule by a narrow margin of £15 billion.
26 March 2025
Academic research

TaxDev collaborating with Government of Ghana on VAT, customs, and distributional analysis
Ghana Ministry of Finance officials explain how the partnership with TaxDev is helping to improve tax policy analysis
24 February 2025

A review of Ghana's value-added tax (VAT) system
The report undertakes a review of the VAT system in Ghana with a view to making recommendations for future policy action.
11 February 2025

Survey of the Ghanaian Tax System
This edition of the Survey of Ghana’s Tax System provides a comprehensive overview of the tax system as of the start of 2024.
18 November 2024