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Better tax systems, not higher taxes, will drive revenue growth – Ato Forson

By GhanaSummary Newsroom1 min read
Better tax systems, not higher taxes, will drive revenue growth – Ato Forson

Finance Minister Dr Cassiel Ato Forson says Ghana can generate more sustainable revenue through better tax policies, stronger compliance, and efficient administration rather than imposing higher taxes on citizens and businesses.

On customs administration, the Finance Minister said the introduction of artificial intelligence-powered systems has significantly improved compliance, reduced leakages and enhanced revenue collection.

According to the Finance Minister, the government's approach has focused on modernising Ghana's tax system to restore investor confidence, revive private enterprise, provide relief to households and businesses, and increase domestic revenue without introducing additional tax burdens.

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