I'll cancel betting tax when I win 2024 elections - Mahama
Published:
1 month ago
Source:
Pulse Ghana
Speaking at a campaign event with young people at the Bukom Arena in Accra, the former president emphasised that betting provides a means for the youth to sustain themselves during tough economic times.
"Boys are hustling and there are no jobs so they do little betting for some beans (food). You see, so I understand. It's a matter that concerns the youth very much, so we have already said when we come into office, we will abolish the betting tax," Mr Mahama stressed. He acknowledged that although the International Monetary Fund (IMF) deal conditions necessitated the tax, the government should explore other ways of generating revenue.
"We know this government and IMF have signed an agreement, that is why they introduced the betting tax, but we have to find alternative revenue to plug the hole that the betting tax will cost," the NDC leader stated. Mr Mahama also noted that once the 24-hour economy is implemented, young people would be engaged and less reliant on betting for income.