Audio By Carbonatix
Franklin Cudjoe, President of IMANI Africa, has commended Finance Minister Dr Cassiel Ato Forson for his strategic approach to funding the recently abolished taxes.
In a Facebook post on Tuesday, March 11, he described the move to reduce tax refunds as a smart decision that ensures fiscal balance while easing the burden on taxpayers.
His comments followed Dr Ato Forson’s announcement in Parliament during the 2025 Budget presentation, where he revealed the government’s decision to abolish the betting tax, e-levy, emissions levy, and other charges.
The Finance Minister explained that these tax cuts were aimed at providing relief to individuals and businesses while promoting economic growth.
Reacting to the development, Mr Cudjoe praised the government’s approach, stating, "Smart Finance Minister. Reducing tax refund to take care of eliminated taxes? Didn’t see that coming. A humane budget. Fresh Air!" His remarks suggest that he views the budget as a well-thought-out plan that prioritises the welfare of Ghanaians.
The decision to reduce tax refunds to compensate for lost revenue has sparked debate, with some analysts arguing that it is a pragmatic solution, while others express concerns about its potential impact on businesses expecting refunds.
Latest Stories
-
Kasapreko PLC lists on GSE, opens new chapter for growth
3 minutes -
AI strategy key to positioning Ghana as leader in responsible AI development – Bandim Abed-Nego
16 minutes -
Damango MP urges CSOs to probe true cost of Mahama’s government
19 minutes -
Ministerial numbers alone do not reveal government size – Samuel Jinapor
20 minutes -
Ghana’s flooding problem caused by years of poor attitudes and weak enforcement – Researcher
23 minutes -
Two diesel trailers collide at Kwahu Hwidiem
24 minutes -
ACRC workshop pushes research-led reforms to strengthen decentralisation and urban governance
31 minutes -
Diaspora Girls SHS in distress: Students learn under trees, attend classes in canteen amid severe infrastructure deficit
34 minutes -
Accra Brewery PLC kicks off ‘Cheers to Bars’ with World Cup viewing experience
45 minutes -
2026 World Cup: Cape Verde hold Spain to goalless draw in opener
1 hour -
Only 47% of ‘Big Push’ projects awarded through sole-sourcing — Gov’t
1 hour -
2026 World Cup: Tunisia sack Sabri Lamouchi after opening match defeat to Sweden
1 hour -
CSOs petition NTC over alleged teacher–student altercation at Nyinahin SHS
1 hour -
Photos: President and political appointees present GHs6.1m to MahamaCares Fund
1 hour -
Children engaged in hazardous illegal mining and farming practices drive dropouts in schools in Tano North
1 hour