Audio By Carbonatix
The Minority in Parliament is claiming government intends to burden Ghanaians with more taxes in the 2024 Budget, set to be presented on Wednesday, November 15.
According to a member of Parliament's Finance Committee, John Jinapor, the Finance Minister, Ken Ofori-Atta intends to raise 11 billion cedis in revenue as part of the budget.
But John Jinapor says his side will not allow this to go through.
He noted that it is unacceptable to come up with new taxes to increase the burden of the ordinary Ghanaian.
“We just heard the Minister of Finance at the Finance Committee and the Minister indicates that he intends to raise an additional 11 billion which is about 1% of GDP, but we have told him that we think that the people of Ghana have been taxed so much, the tax burden is already high so it will be inappropriate to come with new taxes,” he said.
The Minority Spokesperson on Mines and Energy suggested the Finance Minister looks at how to cut down expenditure.
Also, former Minority Leader Haruna Iddrisu has asked Mr Ofori-Atta to review existing taxes to give the private sector some breathing space.
Meanwhile, the Finance Ministry has announced that the budget will highlight, among others, the performance of the economy, efforts to boost the productive capacity of the economy through the new Growth Strategy, fiscal measures, and debt management strategies to deepen stability and promote growth.
Latest Stories
-
When English became the safest Ghanaian language
9 minutes -
Nurses and midwives indispensable to resilient health system – Bawumia
12 minutes -
About 565,000 BECE candidates qualify for SHS placement – CSSPS
13 minutes -
Virtual InfoSec Africa renews partnership with Cyber Security Authority
16 minutes -
TMA is highest authority in Tema, TDC must comply with its regulations — President
40 minutes -
Cyanide, unregistered cigarettes hidden under bags of millet, soya beans in major highway bust in Techiman
44 minutes -
Security agencies call on civilians to volunteer information to combat crime
48 minutes -
New maternal units commissioned in North Tongu to improve access to care
49 minutes -
Enterprise Insurance reaffirms industry leadership with 4 wins at 6th CIIG
57 minutes -
GES release national harmonised prospectus for 2026/27 SHS admissions
58 minutes -
Presidency orders TMA, TDC to end dispute over Tema development authority
1 hour -
Ayew brothers among Ghanaians without clubs after transfer window closes
1 hour -
GPHA records GH¢2.82bn net profit as revenue rises to GH¢7.62bn
1 hour -
Today’s front pages: Thursday, September 3, 2026
2 hours -
Police arrest over 10 students over Okuapeman-Mount Sinai clashes
2 hours