The Minister of Finance, Dr Cassiel Ato Forson, has emphasised that Ghana must move away from its heavy reliance on borrowing to fund national development, positioning domestic revenue mobilisation as the most sustainable path toward economic stability.
He made these remarks while filing his personal income tax returns for the 2025 tax year at the Ghana Revenue Authority (GRA) headquarters, where he was joined by the Deputy Minister of Finance, Thomas Ampem Nyarko.
The filing process, which was completed in a matter of minutes, served as a strategic effort to strengthen public confidence in the national tax system.
After completing the formalities in Accra, Dr Forson stated that paying taxes is both a civic duty and a moral responsibility essential for progress.
He noted that visible compliance by public leaders is vital to rebuilding trust in state institutions and encouraging voluntary contributions from the wider citizenry.
Dr Forson further asserted that all individuals and businesses remain equal before the law, making it clear that no one is exempt from their fiscal responsibilities.
He urged Ghanaians to file their returns promptly to bolster compliance levels and accelerate development, thereby reducing the country’s dependence on external debt.
Following his call for intensified public education on taxation, the Commissioner of the Domestic Tax Division of the GRA, Dr Martin Kolbil Yamborigya, commended the leadership shown by the ministers.
He remarked that their public filing reinforced the importance of compliance as a fundamental civic duty and subsequently announced a one-month extension for the filing of personal income tax returns to accommodate the public.
By: Rainbowradioonline.com/Ghana
