The GRA has began works to develop a comprehensive plan aimed at improving tax compliance to help widen the tax net and mobilize revenue to meet theGH₵220 billion target
Finance Minister Ato Forson has introduced three bills in Parliament aimed at repealing the E-Levy, the Emissions Levy, and the 10% withholding tax on betting winnings
Ato Forson has projected a decline in Ghana’s inflation rate to 8% ± 2% within the year, down from the current 23.1%, indicating a 13% to 15% reduction in headline inflation
Ghana’s external position remains highly vulnerable to external shocks, especially fluctuations in commodity prices, as highlighted in a recent analysis by Fitch Solutions.
President Mahama has painted a sobering picture of Ghana’s economic challenges while outlining his administration’s commitment to recovery and fiscal discipline