Debate on the 2023 budget will begin today, Tuesday, November 29.
The Members of Parliament (MPs) are expected to express their views and suggestions on the policies announced in the budget.
This is after a two-day post budget workshop organised in Ho for the MPs.
The Finance Minister, Mr Ken Ofori-Atta on Thursday, November 24, presented the 2023 budget statement.
Notable amongst the policies are the Electronic Transfer Levy rate which is to be reduced to 1 percent, and the Value Added Tax rate to be increased from 12.5 percent to 15 percent.
Also included is the benchmark discount policy which is to be fully phased out in 2023 and an additional income tax bracket of 35 percent to be introduced.
These have been met with opposition as industry players lament the impact it will have on their businesses and livelihoods.
However, the government has said it intends to use the 2023 budget to focus on strategies to restore and stabilise the macroeconomy, build resilience, and promote inclusive growth and value creation.
Latest Stories
-
Ejisu by-election: Why would I bribe election officials in public? – asks Kingsley Nyarko
16 mins -
Vinicius scores twice as Real Madrid draw against Bayern in Germany
22 mins -
I’m doing well – Amerado assures fans after stage mishap
1 hour -
EC asks police to start criminal investigation into Ejisu by-election ‘white envelope’ bribery allegation
2 hours -
LPG Marketers Association kicks against NPA’s $80 per metric ton levy on LPG
3 hours -
We need a comprehensive review of Ghana’s financial regulations – Dr Alhassan Andani
3 hours -
Court dismisses injunction against NBA for approving registration of 14 new GM crops
3 hours -
Penalty for companies not filing returns increased to GH¢1k from May 1
3 hours -
Ejisu By-Election: Results so far
3 hours -
Ejisu By-Election: And the winner is…
4 hours -
Dumsor: Businesses could collapse if situation is not resolved – Ghali
4 hours -
Ejisu by-election: NPP will do everything possible to win – Kingsley Nyarko
4 hours -
‘White envelope’ incident was unfortunate – Political Science lecturer
4 hours -
NPP will always win Ejisu elections – Paul Yandoh
4 hours -
Manhyia Palace Museum comes alive in May by showcasing restored Asante treasures
5 hours