The Member of Parliament for Yapei-Kusawgu, John Jinapor, has disclosed that the Finance Minister, Ken Ofori-Atta, intends to raise an additional GH₵11 billion through the imposition of new taxes in the 2024 Budget.
According to him, this was revealed to them when they met with the minister at the Finance Committee of Parliament.
He said it would not be proper for the government to introduce new taxes.
“We just met the Minister of Finance at the Finance Committee and the minister indicated that he intends to raise an additional GH₵11 billion which is about 1 percent of GDP but we have told him that we think that the people have been taxed so much so it will be inappropriate to come with new taxes rather the minister should look at cost cutting,” Jinapor said.
“I think that it is improper and unacceptable to further come out with new taxes and increase the tax burden on Ghanaians.”
The Finance Minister, Ken Ofori-Atta, is set to deliver the government’s 2024 Annual Budget Statement and Economic Policy to Parliament on November 15, 2023.
Meanwhile, the Member of Parliament for Dormaa East, Paul Twum Barimah, has hinted at the introduction of an emission tax by the government to deal with the impact of climate change.