Ghana’s new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure IMF financing, citing the economic hardship placed on ordinary citizens.
Five taxes deemed “nuisance levies” by the current government — including a one-percent levy on mobile money transfers and a value-added tax on motor vehicle insurance — are being cancelled, Finance Minister Cassiel Ato Forson said, presenting the government’s 2025 budget.
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