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
-
An Open Letter to the Deputy Attorney General, Dr Justice Srem-Sai
36 seconds -
Humour at its finest at Kumasi Comedy Show
13 minutes -
Police Christmas special operation: 101 suspects arrested in Greater Accra
37 minutes -
15 arrested after sporadic shootings at Ho central mosque
51 minutes -
GES condemns alleged theft of food supplies at Awaso STEM SHS
1 hour -
DopeNation electrifies crowd at Joy FM’s Party in the Park
2 hours -
Philip Ayesu emerges as the 2025 Achimota Champion after beating Percival Kwadjo Ampoma
2 hours -
Support your own – Mr P tells Ghanaian artistes
2 hours -
Ghana EXIM Bank develops 5-year export-led growth strategy to drive trade expansion
2 hours -
Big Smiles, Bigger Bounces: Kids take over the fun at the Joy Party in the Park
3 hours -
Joy FM Party in the Park 2025: Kwabena Kwabena takes centre stage
3 hours -
Ghana-Nigeria cyber-fraud network dupes over 200 victims of $400,000
3 hours -
Tackling terrorism requires jobs and anti-corruption drive, not strikes alone – Nigerian security analyst
3 hours -
Terror attacks in Nigeria affect all faiths, not only Christians – Security analyst
3 hours -
$120,000 stolen from Ghanaian financial institution by hackers – INTERPOL
3 hours
