Member of Parliament for Ofoasi Ayirebi, Kojo Oppong Nkrumah has said that he expects Finance Minister Dr Cassiel Ato Forson to implement his assurance of an 18 per cent tax to Gross Domestic Product (GDP) ratio.
Kojo Oppong Nkrumah notes that Dr Forson made this pledge at a time that the Mahama administration is expected to remove major tax handles, E-levy, Covid levy, and the Betting Tax.
He indicated that the Minority in Parliament would support Dr Forson for as long as he fulfils this promise without introducing or renaming existing taxes.
Contributing to a debate on the minister prior to their approval by Parliament on Wednesday January 22, the former Minister of Works and Housing said "Dr Ato Forson says his target is to move Tax to GDP ratio from 13 per cent to about 18 per cent, which is about 500 basis points. 1 per cent of GDP is about GHS 10billion.