Audio By Carbonatix
Government has indicated in the 2023 budget statement that it has plans to tax electronic smoking devices next year.
The Finance Minister, Ken Ofori-Atta clearly stated in the 2023 budget statement and economic policy that “excise tax reform will include revision to the taxation of cigarettes and tobacco products to align with ECOWAS protocols.”
According to the Minister, “the reform will also target increase in the excise rate for spirits above that of beers. There will be taxation of products such as electronic smoking devices and liquids which are not currently taxed”
Revenue projection for 2023 fiscal year
In the year ahead, government intends to raise revenue including grants worth GHC143.96 billion against a projected expenditure of GHC205.43 billion.
Of the projected total revenue for 2023, inflows from taxes is expected to contribute about 78% of a corresponding revenue target of about GHC112.36 billion with some GHC6.3 billion expected from excise tax.

A U-turn?
In 2018, it was reported that Ghana was working to ban the smoking of the wind-pipe tobacco popularly known as Shisha and electronic cigarette by the middle of 2018.
This was according to the Principal Research Officer at the Ghana Health Service, Divine Darlington Logo.
He revealed this on the sidelines of the World Conference on Tobacco held in Cape Town, South Africa from March 7 to 9.
“First time we did a study to cover electronic cigarette and Shisha, we were surprised to hear that the youth are now moving away from the traditional tobacco use in cigarettes to Shisha and the electronic cigarette which we were not aware off,” he said.
The research conducted by the Ghana Health Service also revealed that the prevalence of Shisha smoking stands at 5.3 per cent higher than traditional tobacco use which is 2.8 percent. Meanwhile, electronic cigarette smoking prevalence stands at 8.5 percent among the youth.
Latest Stories
-
Africa World Airlines unveils first Embraer E190 as part of 10-aircraft fleet expansion
19 minutes -
Civilian hospitalised after alleged machete attack by prison officers
36 minutes -
Toobu rejects calls to recall Parliament over 3.9-tonne cocaine shipment
1 hour -
Residents in 5 Northern Regions warned of approaching rainstorm
1 hour -
Constituency Games still a work in progress – Sports Minister
2 hours -
Team Ghana set for historic Karting Africa Showrun in Angola
2 hours -
52-year-old South African arrested with suspected heroin after arriving from Accra
2 hours -
Shatta Wale challenges UPSA students to build entrepreneurial mindsets
2 hours -
Finance Minister advises African governments to strengthen regional tax cooperation
4 hours -
NPP accuses NDC of master-minding demolition of Ho regional office fence
4 hours -
Ghana plans stronger regional power trade with Nigeria
4 hours -
GRA Commissioner-General calls for stronger tax cooperation to boost regional revenue mobilisationÂ
4 hours -
NACOC needs more personnel to tackle drug trafficking – Toobu
4 hours -
Railway workers resist KMA eviction order, demand consultation
4 hours -
Legacy Leadership Africa Institute to host boardroom women’s leadership programme
4 hours