General News of Wednesday, 13 November 2024
Source: www.ghanawebbers.com
ActionAid Ghana is urging reforms in Ghana's tax policies to enhance gender-responsive budgeting and support women in the informal sector.
Their upcoming report, set for release on November 22, reveals that IMF-supported tax reforms, particularly the heavy reliance on VAT, disproportionately burden low-income women, increasing economic inequality.
ActionAid highlights that while these reforms aim for macroeconomic stability, they overlook social equity, worsening financial hardships for women.
The organization calls for more gender-disaggregated data, targeted tax relief, and collaboration with the IMF and Ghanaian government to ensure policies support gender equality.
Transparency in the reform process is essential to foster an inclusive, equitable economy for all citizens.