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Politics of Tuesday, 11 June 2024

    

Source: Joy News

Bawumia: My 2025 tax amnesty plan to boost economic recovery

Dr. Mahamudu Bawumia speaking at his campaign tour in the Ashanti Region Dr. Mahamudu Bawumia speaking at his campaign tour in the Ashanti Region

Dr. Mahamudu Bawumia, NPP's presidential candidate and Vice President, has promised a comprehensive tax amnesty for individuals and businesses under his presidency in 2025, transitioning Ghana to a flat rate tax system.

During his campaign tour in the Ashanti Region, Bawumia emphasized that this reform will bring clarity and predictability for importers and businesses, fostering a conducive environment for economic growth and investment.

He highlighted the need for innovative taxation measures to support the government's development agenda, reduce inflationary biases, and ensure stable import duties.