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
-
Serwaa Amihere apologises to PRESEC community over ‘homosexual breeding ground’ comment
13 minutes -
Bryan Acheampong warns of permanent NPP split if Bawumia or Ken wins 2028 ticket
2 hours -
PRESEC condemns ‘homosexual breeding ground’ comment by Serwaa Amihere; distances school from LGBTQI label
2 hours -
NPP race: Bryan Acheampong chides Kennedy Agyapong over support for eventual winner
2 hours -
Choose candidates who can win power in 2028—Wontumi to NPP
3 hours -
NRSA: Speeding, drink-driving behind 18.5% surge in road fatalities
3 hours -
GPL 2025/26: Asante Kotoko draw with GoldStars to extend winless run
6 hours -
Fire guts temporary wooden structures at Afful Nkwanta in the Ashanti Region
7 hours -
Haruna Iddrisu didn’t approve gender identity content – Education Ministry
7 hours -
‘We are not for sale’: Thousands rally in Greenland and Denmark against Trump’s annexation threat
7 hours -
Deputy Education Minister directs GES to act on video of SHS students displaying charms
8 hours -
From camouflage to tracksuits – Guinea’s junta leader becomes civilian president
8 hours -
Iran supreme leader admits thousands killed during recent protests
8 hours -
Judiciary to roll out court decongestion measures, galamsey courts – Chief Justice
9 hours -
Ugandan leader to extend 40-year rule after being declared winner of contested poll
10 hours
