IPG identifies non-negotiable triggers that 2025 budget must comprehensively address

The Institute of Progressive Governance (IPG) has emphasized the need for closing the revenue mobilization gap, accurately assessing tax liability, and improving tax audits as key priorities in the 2025 budget.

Ahead of the budget presentation by Finance Minister Dr. Cassiel Ato Forson on March 11, IPG stressed that the National Democratic Congress (NDC) government must leverage technology to enhance tax administration and expand the tax net without increasing taxes.

IPG also called for structural reforms, particularly the implementation of Section 88 (2) (b) of the Public Financial Management (PFM) Regulation, which seeks to improve accountability and transparency in the management of public resources.

Additionally, GUTA President Dr. Joseph Obeng reaffirmed that traders do not expect new taxes in the budget but support efforts to expand the tax base rather than burdening existing taxpayers.

Meanwhile, Government Communications Minister Felix Kwakye Ofosu confirmed that the fiscal policy will include the removal of the betting tax and COVID levy, reflecting the administration’s 120-day pledges while outlining the financial state inherited by the NDC government.