Audio By Carbonatix
The Ghana Federation of Labour (GFL) has urged government to use the mid-year budget review to remove nuisance taxes that are affecting business activities.
The Minister of Finance is expected to present the mid-year review of the 2023 budget on July 31, 2023.
Mr. Abraham Koomson, the Secretary General of GFL, speaking to the Ghana News Agency on the Federation’s expectations, said such nuisance taxes were making it extremely expensive for businesses to operate smoothly.
Mr. Koomson said as a result businesses were closing down and workers left unemployed, hence the need to remove them.
He said that notwithstanding the bailout conditions from the International Monetary Fund (IMF), the local manufacturing industry must survive to meet reasonable tax obligations to support economic growth and development in the country.
He said maintaining such taxes on local industries would only undermine the source of revenue earmarked by the government to achieve budgeted targets.
He urged the government to engage with critical stakeholders such as the Association of Ghana Industries (AGI) on tax policies before applying them.
Latest Stories
-
US Supreme Court agrees to hear case challenging birthright citizenship
1 hour -
Notorious Ashaiman robber arrested in joint police operation
2 hours -
Judge sets key dates after video evidence hurdle in Nana Agradaa appeal case
3 hours -
Who are favourites to win the 2026 World Cup?
3 hours -
We will come after you – Muntaka warns online fearmongers
3 hours -
Forestry office attack: Suspected gang leader arrested, two stolen cars recovered
4 hours -
How Asamoah Gyan reacted after Ghana was paired with England, Croatia, and Panama for the 2026 World Cup
4 hours -
Ghana Armed Forces opens 2025/2026 intake for military academy
5 hours -
Prime Insight: OSP vs. Kpebu and petitions to remove EC boss to dominate discussions this Saturday
5 hours -
Multimedia’s David Andoh selected among international journalists covering PLANETech 2025 in Israel
6 hours -
Gov’t prioritising real action over slogans – Kwakye Ofosu
7 hours -
England are tough, but we can play against Ghana, Panama – Croatia coach reacts to World Cup draw
7 hours -
Togbe Afede urges Ghanaians to support made-in-Ghana products
8 hours -
We can beat anyone – Otto Addo reacts to World Cup draw
8 hours -
Chief Justice urges judicial staff to uphold compassion and professionalism
8 hours
