Keta: Residents of Keta in the Volta Region erupted in spontaneous celebration following the announcement by Finance Minister Cassiel Atto Forson regarding the abolition of several taxes in the 2025 Budget Statement.

According to Ghana News Agency, the Government of Ghana has removed the betting tax, e-levy, emission levy, VAT on motor vehicle insurance policies, among others. This decision has been widely applauded by the community, who see it as a relief from the financial pressures these taxes imposed.

The government’s move to abolish these taxes is part of a broader strategy to alleviate economic hardships faced by Ghanaians, with expectations of a positive impact on the local economy. Keta businessman, Mr. Bless Agbemabia, highlighted that the removal of the e-levy is particularly welcomed by residents who had been concerned about its effect on mobile money transactions.

The betting tax’s removal is also seen as a boost for the gaming industry, where operators have previously expressed concerns over high tax rates. Mr. Agbemabia emphasized that this will likely create more jobs and stimulate economic growth, expressing gratitude to the government for addressing their concerns.

The decision is seen as a victory for the Keta community, who had long advocated for relief from these taxes. Mr. Agbemabia noted that the local business community would benefit significantly, with more resources available for investment, leading to job creation and improved living standards.

Taxi driver Mr. James Doe Kelli expressed satisfaction with the elimination of the emissions levy and the covid-19 tax, praising the government’s decision as a crucial step in addressing the economic hardship faced by many Ghanaians.

Finance Minister Dr. Cassiel Ato Forson’s budget presentation to Parliament on Tuesday, March 11, also emphasized that removing these taxes is expected to positively impact revenue generation. By alleviating these financial burdens, the government aims to stimulate economic growth, create jobs, and enhance revenue in the long term.

As Ghana continues its path to economic recovery, this tax abolition is anticipated to benefit citizens and the economy. The public encourages the government to maintain its attentiveness to citizens’ concerns and make decisions that address these issues effectively.

The budget is set to be debated, scrutinized, and approved by Parliament before it becomes operational.

Keta: Residents of Keta in the Volta Region erupted in spontaneous celebration following the announcement by Finance Minister Cassiel Atto Forson regarding the abolition of several taxes in the 2025 Budget Statement.

According to Ghana News Agency, the Government of Ghana has removed the betting tax, e-levy, emission levy, VAT on motor vehicle insurance policies, among others. This decision has been widely applauded by the community, who see it as a relief from the financial pressures these taxes imposed.

The government’s move to abolish these taxes is part of a broader strategy to alleviate economic hardships faced by Ghanaians, with expectations of a positive impact on the local economy. Keta businessman, Mr. Bless Agbemabia, highlighted that the removal of the e-levy is particularly welcomed by residents who had been concerned about its effect on mobile money transactions.

The betting tax’s removal is also seen as a boost for the gaming industry, where operators have previously expressed concerns over high tax rates. Mr. Agbemabia emphasized that this will likely create more jobs and stimulate economic growth, expressing gratitude to the government for addressing their concerns.

The decision is seen as a victory for the Keta community, who had long advocated for relief from these taxes. Mr. Agbemabia noted that the local business community would benefit significantly, with more resources available for investment, leading to job creation and improved living standards.

Taxi driver Mr. James Doe Kelli expressed satisfaction with the elimination of the emissions levy and the covid-19 tax, praising the government’s decision as a crucial step in addressing the economic hardship faced by many Ghanaians.

Finance Minister Dr. Cassiel Ato Forson’s budget presentation to Parliament on Tuesday, March 11, also emphasized that removing these taxes is expected to positively impact revenue generation. By alleviating these financial burdens, the government aims to stimulate economic growth, create jobs, and enhance revenue in the long term.

As Ghana continues its path to economic recovery, this tax abolition is anticipated to benefit citizens and the economy. The public encourages the government to maintain its attentiveness to citizens’ concerns and make decisions that address these issues effectively.

The budget is set to be debated, scrutinized, and approved by Parliament before it becomes operational.