Ghana’s tax policies have long been a subject of debate, with many questioning whether they genuinely serve the country’s interests or merely align with external demands.
In a recent interview on the Citi Breakfast Show with Bernard Avle, senior partner at AB & David Africa, David Ofosu-Dorte, advised the newly appointed Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, to focus on sustainable tax policies rather than meeting targets set by the International Monetary Fund (IMF).
He acknowledged Sarpong’s competence but pointed out that his real challenge would be to broaden the tax base and explore new revenue sources to ensure sustainable growth.
However, he cautioned against a tax strategy driven solely by IMF targets, emphasizing that Ghana’s economic policies should be shaped by national priorities, not external directives.
His concerns echo a growing sentiment among Ghanaians that fiscal policies often place an undue burden on businesses and individuals while failing to address deeper structural issues.
He questioned why the country’s entire economic planning seems tied to IMF benchmarks instead of a comprehensive national strategy that balances revenue generation with expenditure reduction.
To him, taxation should not be the only solution—government spending should also be critically examined.
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