Former President John Mahama asserts that if he emerges victorious in the presidential election on December 7, 2024, his subsequent administration will refrain from employing state institutions to intimidate businesses.
Addressing attendees at the 8th Ghana CEO Summit in Accra on Monday, May 27, the ex-President additionally pledges to reduce government expenditure.
“We will do this by pruning the huge government expenditures, preventing waste and corruption, and boosting revenues by expanding the tax net,” Mr Mahama noted.
“We will simplify the VAT and streamline its collection,” promised Mr Mahama.
Also, he said: “We will abolish the e-levy and some taxes that have become a burden on businesses and households.”
“We will not burden you with endless tax audits and harass you with EOCO.”
The leader of the primary opposition party, the National Democratic Congress, stated that addressing the economy and restoring stability to the cedi would be among his top priorities within the first 100 days.
“The number one priority will be stabilising the economy and restoring a stable currency by launching an urgent economic recovery and fiscal consolidation plan following a national economic dialogue to be held within one hundred days of assumption of office.”