Minority’s spokesperson on Finance, Cassiel Ato Forson, has admonished Ghanaians to brace themselves for untold hardship because government has planned to increase tax on fuel and talk tax in its mid-year budget review.
The legislator indicated in a write-up that baring any last-minute changes, the government will today announce increases in taxes on fuel( the energy sector levies ESLA) and call time including data( communication service tax).
The country’s Financial Management Administration Act requires the Finance Minister to come before Parliament not later than July 31, to prepare and submit a Mid-Year Fiscal Policy review.
This normally includes estimates outlined in the Budget that the finance minister presented for the financial year in question.
Indications are that some macroeconomic targets set in 2018 are likely to be reviewed in the minister’s presentation to Parliament.
Commenting on the budget review, the legislator said any move by government to increase taxes would be rejected forcefully.
“My colleagues and I on our side in parliament will do all we can to oppose these unfair increases and I call on you the good people of this country to reject these unfair, draconian increases in taxes”, he said.
Story: Franklin ASARE-DONKOH
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