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Dips

Ghana’s Revenue Dips by GH¢7.1 Billion After Tax Cuts

Recent analysis paints a sobering picture for policy makers in Ghana. Projected reforms aimed at alleviating the financial stress on its populace and businesses are estimated to drain the nation's coffers, leading to a revenue loss somewhere between GH¢5.5 billion and GH¢7.1 billion. But what does this mean for the nation's economic blackboard? While many acknowledge potential advantages in the short term, such as tax reductions on pivotal goods and services for low-income households, Professor Boadi,…

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