Dr. Alex Ampaabeng, a tax policy analyst, has advised the government against enacting new taxes in the 2023 mid-year budget review, which is scheduled to be presented on July 25.
While it was critical to boost domestic revenue, he claimed that adding new taxes on Ghanaians would “chock the country.”
He called for robust mechanisms to tackle leakages in the tax administration system, including stopping underpayment.
Dr Ampaabeng was speaking at an event held in Accra on Thursday by the Economic Governance Platform, an umbrella body comprising 15 Civil Society Organisations (CSOs) and Policy Think-tanks.
He said the Domestic Dept Exchange Programme (DDEP) led to some 80 per cent Banks in Ghana reporting losses in their last financial statements, which meant that the government also lost taxes
