The expectation of many Ghanaians including Franklin Cudjoe, President of IMANI Africa, is that taxes on goods and services are removed by the next Na
The expectation of many Ghanaians including Franklin Cudjoe, President of IMANI Africa, is that taxes on goods and services are removed by the next National Democratic Congress (NDC) under John Mahama as president of Ghana.
While describing taxes introduced by the Akufo-Addo/Bawumia government as ‘nonsense’, Mr. Franklin Cudjo implored the next NDC government to do the needful.
“I think it is important to be very careful how we want to deal with this economy. I pity the next president of this country because what it means is that you are going to deal with this nonsense of taxes and there will be no breathing room at all,” he stated on Citi FM Big Issues.
Following the recent implementation of the Value Added Tax (VAT) on residential electricity consumption effective January 1, Mr Cudjoe anticipates the possibility of additional taxes, given the government’s stated need for increased revenue.
Speaking on The Big Issue on Citi TV on Saturday, Mr Cudjoe emphasized the importance of prudent economic management.
He expressed concern for the next president, who will have to navigate the challenges posed by the numerous tax policies.