Audio By Carbonatix
A pre-budget survey by KPMG has highlighted some conditions that could help create a sustainable business environment in the country.
The report urged government to “create more avenues for entrepreneurs to get access to funds.”
This comes days ahead of the 2022 budget statement presentation by Finance Minister, Ken Ofori-Atta in Parliament on November 15.
This, according to the survey, will boost sessions of the public to venture into entrepreneurship and reduce pressure on the limited government payroll.
Government was tasked to “minimize corporate tax rates and create more incentives for companies to employ fresh graduates” from tertiary educations in the country.
“Introduce a national business plan to guide government developmental agenda,” the pre-budget survey added.
The pre survey also indicated that enhancing a public sector process digitalisation to reduce the operational costs to businesses would go a long way to help in the creation of a sustainable business environment in the country.
It also suggested for government to “enforce existing environmental laws and regulations. Stop encroachment in duly registered land and properties” adding that the government should “regulate better the Chieftaincy interference in running business when they see it to be profitable.”
The KPMGs pre-survey further called for a re-look into Ghana’s educational system by making it relevant to the economy.
Minimizing tax reviews as well as stabilising the prices of petroleum products was not exempted in the tall list of the to-do list.
The pre-2022 budget survey also noted that when a more holistic strategy are implored, it would help to minimise the cash-in-transit robberies on financial institutions” in the country.
Latest Stories
-
GHS to distribute 80,000 pairs of locally-made protective footwear to health workers
54 seconds -
GoldBod boosts local jobs as 90% of gold undergoes refining in Ghana – Sammy Gyamfi
4 minutes -
The search for the politically unblemished: Are we asking the impossible of public appointees?
5 minutes -
Ghana seeks climate finance access for debt-restructuring countries
15 minutes -
Afenyo-Markin urges stronger media scrutiny of public institutions
15 minutes -
GoldBod recovers GH¢38.7m in legacy PMMC debts, targets remaining arrears
17 minutes -
62 out of every 100 commercial meters inspected missing from Ghana Water database – MD
18 minutes -
GoldBod gets BoG authorisation to sell forex, Sammy Gyamfi tells PAC
21 minutes -
Ghana Water revenue mobilisation below 50% of potential – MD
27 minutes -
Ghana’s democracy must accommodate dissent and constructive criticism – Haruna Iddrisu
28 minutes -
Fact check: Trump posts fake quote of Denzel Washington supposedly praising him
29 minutes -
UPSA students lament high fees at private hostels, call for government intervention
40 minutes -
We will upgrade Ghana’s credit ratings if government maintains fiscal discipline, policy effectiveness – Moody’s
41 minutes -
Gender Ministry supports four siblings allegedly sexually abused by their father
44 minutes -
UMB MD wins ‘CEO of the Year’, banking category at 2026 Ghana Credit Excellence Awards
45 minutes