Minority Leader Dr. Cassiel Ato Forson has criticized the 2024 mid-year budget review, calling it uninspiring and hopeless.
This criticism follows Finance Minister Mohammed Amin Adam’s presentation of the budget review to Parliament on Tuesday, July 23.
During his address, Dr. Amin Adam emphasized the government’s commitment to fiscal discipline, assuring that they would adhere to budgetary allocations and manage expenditures carefully to avoid overspending.
Despite these assurances, Dr. Ato Forson expressed concerns to the media, urging Ghanaians to brace for more hardship.
The Ajumako-Enyan-Essiam Member of Parliament argued that the government missed an opportunity to provide relief by abolishing certain taxes, which could have cushioned Ghanaians and businesses alike.
Dr. Ato Forson stated that the mid-year review leaves many people disappointed and uninspired, giving no hope to the ordinary Ghanaian that anything will be done to change the unbearable hardships they face.
He further criticized the current administration for burdening Ghanaian businesses and individuals with a high tax regime over the last eight years, citing examples such as the E-levy, COVID levy, and an effective VAT rate of 22%.
