Business News of Wednesday, 2 April 2025
Source: www.ghanawebbers.com
President John Dramani Mahama has signed new laws. These include the Betting Tax, E-Levy Tax, and Emissions Tax.
This action is a significant step for the National Democratic Congress (NDC). It aims to fulfill their promise to abolish these taxes. The goal is to reduce financial burdens on Ghanaians and promote economic growth.
Repealing these taxes supports the government's commitment to a better economy. It aims to create a favorable environment for businesses and individuals. Removing these levies will increase disposable income for many people.
The NDC administration hopes this will enhance economic participation. This is especially important for youth and low-income earners.
President Mahama's approval of the amended bills has received positive feedback. Stakeholders believe abolishing these taxes will improve many lives. It may also encourage entrepreneurship and investment in Ghana.
The government remains dedicated to policies that ease economic hardships. This commitment aligns with the NDC’s 2024 Manifesto goals, focusing on citizen well-being.