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
-
2026 World Cup: Cape Verde hold Spain to goalless draw in opener
4 minutes -
Only 47% of ‘Big Push’ projects awarded through sole-sourcing — Gov’t
8 minutes -
2026 World Cup: Tunisia sack Sabri Lamouchi after opening match defeat to Sweden
12 minutes -
CSOs petition NTC over alleged teacher–student altercation at Nyinahin SHS
13 minutes -
Photos: President and political appointees present GHs6.1m to MahamaCares Fund
14 minutes -
Children engaged in hazardous illegal mining and farming practices drive dropouts in schools in Tano North
14 minutes -
Court strikes out application to dismiss East Legon property case
37 minutes -
Dozens walk out as Google boss Pichai addresses Stanford graduates
40 minutes -
NPP Constituency Chairman petitions regional executives over alleged election irregularities in Afigya Sekyere East
55 minutes -
Flood prevention requires collective action, not seasonal reactions
1 hour -
China detains two leaders of influential underground church
1 hour -
African brands gain modestly in consumer admiration, but global giants still dominate
1 hour -
Ghana has only two functional MRI machines in public hospitals – MahamaCares Assessment
2 hours -
IMF chief says no global slowdown in sight yet, but risks high
2 hours -
Advancing Ghana’s position in Global Business Services at the Executive Roundtable in London
2 hours