Tag Archives: 2023 Budget

SEND Ghana, a non-governmental organization (NGO), has advised government to deposit the covid-19 levy into an identifiable fund. According to the organization, the current fund – the consolidated fund – is not the sole fund for the revenue accrued from the Covid-19 levy making it difficult to use the money …

The government will reintroduce the collection of road toll on selected roads in the country next year. The reintroduction of the road toll is one of the revenue measures contained in the 2023 budget presented to Parliament by the Finance Minister, Ken Ofori-Atta last week. “The fiscal policy measures to …

The Deputy Finance Minister, Abena Osei Asare has warned that any delay in the approval of the 2023 budget will worsen the current economic crisis. The Member of Parliament for Atiwa East  blamed the current economic challenges on external factors in a statement on the floor of Parliament on Tuesday …

Some Business owners in Kumasi in the Ashanti Region have expressed disappointment over Government’s tax policies contained in the 2023 Budget Statement. According to the traders, the new measures announced by the Finance Minister will only worsen the cost of doing business and burden consumers.   They say the increment …

The government has reduced the Electronic Transfer Levy rate from 1.5% to 1%. The daily transaction threshold has also been removed. This, according to the government, will allow more Ghanaians to use the service. This was announced by the Finance Minister, Ken Ofori-Atta on Thursday, November 24, during the 2023 …

Finance Minister, Ken Ofori-Atta says he will present the 2023 Budget in Parliament next week. The Minister’s comment is coming at a time when some Majority MPs have threatened to boycott the 2023 budget statement if he (Finance Minister) is not sacked. In an interview with JoyNews’ Parliamentary Correspondent, Kwaku …

Ghana’s Budget Statement and the Economic Policy for 2023 may not be read on November 15, as scheduled. Majority Leader Osei Kyei-Mensah-Bonsu has revealed that the current negotiation with the International Monetary Fund (IMF) may delay the presentation. The Public Financial Management Act mandates that the budget is presented next …