The Traders Advocacy Group Ghana commends the 2025 budget presented by John Dramani Mahama, praising the elimination of the E-Levy and other taxes for providing relief. The group’s support for VAT reform and targeted investments in education and women’s empowerment exemplifies their optimism for sustainable growth. TAGG aims to collaborate with the Finance Ministry to ensure effective policy implementation.
The Traders Advocacy Group Ghana (TAGG) has praised His Excellency John Dramani Mahama and the Ministry of Finance, under the leadership of Dr. Cassiel Ato Forson, for their insightful 2025 budget presentation. The group expressed strong support for the elimination of the Electronic Levy (E-Levy), Betting Tax, and other levies, emphasizing that these changes would offer significant relief to the citizens of Ghana.
TAGG noted that the budget reflects a focus on sustainable economic growth, social equity, and infrastructure development. The group particularly appreciated the discussions surrounding Value Added Tax (VAT) reform included in the budget speech, while also expressing a desire to witness the practical implementation of these reforms. They raised concerns about high port levies, which remain detrimental to traders.
Moreover, TAGG highlighted several noteworthy aspects of the budget, such as targeted investments in education, the distribution of sanitary products to schoolgirls, and initiatives designed to support small businesses. The proposed establishment of a women’s bank was especially lauded as a strategic step to empower female entrepreneurs. TAGG believes that effective implementation of these policies could stimulate innovation, job creation, and enhance public services throughout the nation.
The advocacy group also pointed out that its vision for broadening the tax base is in alignment with the Finance Ministry’s initiative to engage the International Monetary Fund (IMF) in the strategic restructuring of the VAT system. TAGG expresses optimism that these movements will cultivate a more prosperous business climate in Ghana.
Looking to the future, TAGG has committed to working alongside the Finance Ministry and other relevant stakeholders to facilitate the successful implementation of the budgetary policies. The organization reaffirmed its dedication to promoting policies that bolster traders and stimulate economic growth.
The Traders Advocacy Group Ghana commends the prudent measures outlined in the 2025 budget by His Excellency John Dramani Mahama and the Ministry of Finance. Their support for the abolishment of specific levies, commitment to educational investments, and the encouragement of women’s entrepreneurship through a proposed bank reflect a hopeful outlook for sustainable development in Ghana’s economic landscape. TAGG’s collaboration with governmental entities signals a proactive approach towards enhancing the business environment.
Original Source: www.ghanaweb.com
