The Minority New Patriotic Party (NPP) caucus in Parliament is predicting the introduction of new taxes in the 2025 budget statement and economic policy by the John Mahama led National Democratic Congress (NDC) Government.
According to the caucus, contrary to accusations levelled against the NPP government by the then NDC minority of overtaxing Ghanaians, it is rather introducing new taxes in the 2025 budget, specifically through the mining and tecommunications sectors.
The immediate past Minister for Finance, Dr Mohammed Amin Adam made the allegation during a press conference he addressed on behalf of the minority in Parliament on Monday March 4, 2025.
“Ladies and gentlemen, does it make sense to scrap E-levy and betting tax, and replace them with new taxes on the mining, telecommunication, the financial sector and real estate industries, which will all be passed on to customers? The people of Ghana should
wait for the deception of the NDC government when they present the 2025 budget – taxes galore!
This is how they intend to tax Ghanaians to collect their target of GHS200 billion in tax revenues this year. This government accused us of overtaxing the people of Ghana because by the end of 2024, the NPP administration collected GHS152.9 billion which is
17% tax to GDP ratio taking it from President Mahama’s 13% in 2016. How do you then turn around to expect to collect GHS200 billion in a broken economy?
We the Mighty Minority will join the people of Ghana to resist any attempt to smuggle in new taxes or increase existing taxes.
We owe it a duty to hold the government accountable for their promises to the people of Ghana”, Dr Amin Adam stated.
Read the full statement below:
