Economist, Dr Theo Acheampong, has criticised the Finance Minister for failing to account for previous tax measures but has introduced new taxes in the 2022 budget.
The Bank of Ghana’s Summary of Economic and Financial Data has revealed that the country’s public debt stock has hit GH¢341.8 billion as of the end of September 2021.
Majority Leader Osei Kyei-Mensah-Bonsu has informed Parliament that the debate on the 2022 Budget Statement and Economic Policy of Government would commence next Tuesday, November 23.
Founder of defunct Capital Bank William Ato Essien has admitted that the bank faced severe financial challenges before the revocation of its license by the Bank of Ghana.
The majority of Medium, Small and Micro Enterprise (MSME) owners in Ghana are unwilling to pay more taxes even if it means benefiting from more improved government services.
The Ministry of Communications and Digitalisation and telecommunication companies are set for a meeting today, Friday, November 19, 2021 over the proposed charges on mobile money transactions.
Renowned economist at the University of Ghana, Prof Alufar Bokpin, has thumbed down a proposal by the Finance Minister, Ken Ofori-Atta, to slap a 1.75% tax on mobile money transactions.
The Minority has said a 1.75% levy to be imposed on mobile money services and electronic transactions will undo the progress made with cashless transactions.