During the mid-year budget review, the minority party would obstruct any attempts by the government to raise taxes, according to the minority leader, Dr. Cassiel Ato Forson.
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He claims that the NDC MPs will make sure that the government cuts its spending rather than further impoverishing Ghanaians who are already struggling.
He argued that there is a ton of room to slash spending.
“If you read the MEFP, the IMF is asking for additional measures of about 1% of GDP, and I don’t know where that is going to come from,” the author said. “I won’t be surprised if the government introduces new measures.”
“If I look closely, there is a significant amount of room for spending reductions, but the government is obviously indisciplined, and they don’t seem to care,” the speaker said.
“They desire to live affluent lives at the expense of Ghanaians. Therefore, they must reduce this type of spending, and if I were in control or responsible, I would choose a reduction in spending over a tax action or a rise in taxes, he stated in an interview with JoyNews.
The mid-year budget review for 2023 will be delivered to Parliament on July 25 by Finance Minister Ken Ofori-Atta.
He will be doing this for the first time since the government successfully ratified an IMF agreement.
Industry participants have already requested that the government utilize the occasion to abolish some tax handles.
Among other taxes, there is a tax on sanitary napkins.
