Weather Report
20.78℃
Friday, April 26
The major one is an increase in the VAT rate by 2.5 percentage points.” “This will be complemented by a major compliance programme to ensure that we derive the maximum yields from existing revenue handles,”the Finance Minister said.
In a situation where businesses are collapsing, the government should have been conscious in introducing measures that would save businesses…it is our prayer parliament won’t approve the budget,”Appiah Kubi said, as quoted by citinewsroom.com.
While presenting the 2023 budget and economic policy, on Thursday, November 24, 2022, on the floor of parliament, Ofori-Atta said that the increment in VAT was part of a seven-point agenda to boost the economy.
Ashanti Business Owners Association isurging parliament to reject the 2023 budgetpresented by the Finance Minister, Ken Ofori-Atta, saying it contains policies that are inimical to the survival of their businesses..
Read Full Story
