The Leader of the Movement for Change, Alan Kyerematen, has pledged to abolish several taxes on imports, which he considers unnecessary and burdensome for traders.
He made this commitment during a meeting with members of the Ghana Union of Traders Association (GUTA).
Mr. Kyerematen stressed that eliminating these taxes and levies would position Ghana as having the lowest tax regime among ECOWAS countries.
He believes this move will ease the financial burden on traders and create a more favorable environment for trade and investment, thus fostering economic growth.
This pledge demonstrates Kyerematen’s dedication to addressing traders’ concerns and promoting favorable business conditions in Ghana.
He aims to reduce the cost of doing business, stimulate trade, and enhance Ghana’s economic competitiveness in the region by removing these taxes.
“Under my presidency, Ghana will have the lowest tax rate regime in ECOWAS”.
“I will ensure a recalibration of the existing tax regime structure to optimize revenue mobilisation from direct taxes (personal and corporate), and reduce over-reliance on indirect taxes (import duties, levies, and charges) to make the corporate sector more competitive and profitable,” he added.