Ghana

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VAT Increment Will Transform The Economy –Ato Forson

 

The Deputy Minister for Finance, Hon. Ato Forson, has disclosed that the recent increment of 2.5% in the Value Added Tax (VAT) was justifiable, since the GH¢745 million expected revenue to be generated from it would be invested in major infrastructural projects, aimed at transforming the Ghanaian economy.

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2014 FISCAL YEAR BUDGET STATEMENT AND ECONOMIC POLICY OF THE GOVERNMENT OF GHANA … EXCERPTS ON TRADE

 
The Ministry‘s mandate is to establish Ghana as a major manufacturing, value added, financial and commercial hub in West Africa as well as articulate programme that propel the private sector to assume leadership in industry and job creation. The Ministry plans to achieve its mandate through the following key programmes. 2013 Performance and Outlook for 2014 
This programme seeks to create competitive advantage on a more diversified range of products with higher levels of value-addition, ensure International Trade Competitive advantage in cos
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