Tag Archives: IMF urges government to introduce more taxes to plug revenue shortfall

IMF urges government to introduce more taxes to plug revenue shortfall

The International Monetary Fund (IMF) has stated that the government must reinstate some abolished taxes and expand some existing ones in other to meet its short-term revenue projections. The Board of the Fund in its recent report on Ghana stated that the government must consider urgent tax measures like the reintroduction of the controversial 17.5 percent VAT on financial services ...

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