Traders Advocacy Group Ghana commends Mahama’s prudent budget statement

The Traders Advocacy Group Ghana (TAGG) has lauded His Excellency John Dramani Mahama and the Ministry of Finance, led by Dr. Cassiel Ato Forson, for their forward-thinking 2025 budget statement.

The advocacy group has expressed its strong support for the newly announced policy changes, particularly the abolishment of the Electronic Levy (E-Levy), Betting Tax, and other levies, which they believe will provide significant relief to Ghanaians.

According to TAGG, the budget demonstrates a commitment to sustainable economic growth, social equity, and infrastructure development.

The group particularly welcomed discussions on Value Added Tax (VAT) reform, which was highlighted in the budget speech. However, they expressed their eagerness to see the practical implementation of these VAT reforms and raised concerns over high port levies, which continue to affect traders.

TAGG also highlighted several positive components of the budget, including targeted investments in education, the distribution of sanitary pads to schoolgirls, and initiatives aimed at empowering small businesses. Notably, the proposed establishment of a women’s bank was praised as a strategic move to support female entrepreneurs. The group believes that if these policies are effectively implemented, they will drive innovation, create jobs, and enhance public services across the nation.

The advocacy group further noted that its vision of expanding the tax base aligns with the Finance Ministry’s proposal to engage the International Monetary Fund (IMF) to strategically restructure the VAT system. TAGG remains optimistic that such initiatives will lead to a more prosperous business environment in Ghana.

Looking ahead, TAGG has pledged to collaborate with the Finance Ministry and other stakeholders to ensure the smooth execution of the budget policies. The organization reaffirmed its commitment to advocating for policies that support traders and economic