Finance Minister, Mohammed Amin Adam, has assured Ghanaians that the government won’t overburden them with more taxes.
In response to concerns about increasing tax burdens, the Minister has made a reassuring statement.
“The government is committed to ensuring that Ghanaians are not overburdened with additional taxes,” he said.
This announcement comes amidst discussions about the country’s fiscal policies and the impact on the livelihoods of its citizens.
During a press conference on Saturday, April 13, 2024, the Finance Minister addressed the issue of potential tax increases. He emphasized that the government is fully aware of the challenges faced by Ghanaians and is committed to alleviating their financial burden.
The Minister stated that there are no plans to impose additional taxes on the populace, aiming to ease concerns about the potential strain on individuals and businesses.
“Now, we’re determined to go out there and collect the taxes from those who have not been paying and those who have been evading taxes…to generate the desired revenue to fill the gap created due to the suspension of the taxes,” Dr. Amin stressed.
The assurance from the Finance Minister will likely be welcomed by Ghanaians who have expressed concerns about their ability to meet financial obligations amidst rising costs of living. The statement provides reassurance that the government is actively considering the welfare of its citizens and aims to create a favourable economic environment.
The Minister’s statement has generated mixed reactions among the public. While some individuals and businesses appreciate the government’s commitment to not impose additional taxes, others remain cautious and seek more concrete measures to support economic stability and growth. The public will be monitoring future developments closely to ensure that the government fulfills its promise.
By Eva Boamah
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