
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
-
Busuama MA Basic School in crisis: 120 KG pupils stranded as teacher deficit bites
8 minutes -
Churches are not exempt from paying music royalties – GHAMRO CEO
8 minutes -
Gender Ministry expresses condolences over death of child in Cantonments fire
9 minutes -
Nkrumah foresaw Africa’s vulnerability without unity – P.L.O. Lumumba
13 minutes -
Alhaji Faisal Abdullah Masud installed as Tema’s first Sariki Zongo
16 minutes -
Mahama’s UN address to mark 25th by a Ghanaian president
17 minutes -
AFCON 2027Q: J.E. Sarpong slams sidelining of GPL players in Black Stars call-up
18 minutes -
GRA’s ITAS and other digital platforms set to strengthen tax compliance
19 minutes -
How school support is helping parents in Ejura Sekyedumasi prepare children for senior high school
23 minutes -
Government to resume Dome–Kitase road works, targets completion by 2028
26 minutes -
‘Ghana Jollof’ Case: High Court adjourns Salomey Baffoe’s bail application hearing to Sept. 24
26 minutes -
Asafo Market baby theft: Police search for suspect after granting her bail; family wants answers
30 minutes -
AGN Chair outlines Africa’s strategic climate roadmap at CAHOSCC meeting ahead of COP31
33 minutes -
Kenyasi civilian attack: Family demands justice a week after alleged machete attack by prison officers, inmates
36 minutes -
Advance ruling to give importers certainty before goods arrive – GRA
44 minutes