Shift the focus of economic management from taxation to production |
Delivered |
Restore overall macroeconomic stability |
Delivered |
Reduce VAT for micro and small enterprises from 17.5% to 3% Flat Rate |
Delivered |
Reduce the rate of government borrowing |
Delivered |
Reduce interest rates to spur private sector investment |
Delivered |
Offer tax incentives to young entrepreneurs to encourage them to initiate start-ups |
Delivered |
Free SHS |
Delivered |
Fix the basics of the government machinery and make it work (e.g. acquiring driving licenses, acquiring passports, registering businesses, processing pension payments etc) |
Delivered |
Establish a Fiscal Council |
Delivered |
Establish a Financial Stability Council |
Delivered |
Enact a Fiscal Responsibility Law |
Delivered |
Banking the Unbanked/Financial Inclusion |
Delivered |
Abolish the 5% VAT on Real Estate Sales |
Delivered |
Abolish the 17.5% VAT on domestic airline tickets |
Delivered |
Abolish Special Import Levy |
Delivered |
Abolish 17.5% VAT on imported medicines not produced in the country |
Delivered |
Abolish 17.5% VAT on Financial Services |
Delivered |
Revenue generation measures through broadening the tax base, increasing tax compliance, reducing government expenditure, increased flows from oil & gas resources, elimination of procurement-related corruption, and plugging of revenue leakages |
Delivering |
Remove import duties on raw materials and machinery for production within the context of ECOWAS Common External Tariff Protocol |
Delivering |
Introduce tax credits and other incentives for businesses that hire young graduates from tertiary institutions |
Delivering |
Formalise the Economy (through the National Identification System & Linking it to other databases e.g. GRA, NHIS, DVLA etc) |
Delivering |
Financial Sector Reform - III (Reinforcing Section 40 of Bank of Ghana Act, 2002) to stabilise the ratio between the currency in circulation and foreign exchange cover |
Delivering |
Financial Sector Reform - II (Financial Inclusion Activities, including electronic payments) |
Delivering |
Financial Sector Reform - I (Deepening Financial Markets, including Mortgage Banking & reactivating the IFSC) |
Delivering |
Build an economy which will create jobs and prosperity for all Ghanaians: "An Agenda For Jobs" |
Delivering |
Review withholding taxes imposed on various sectors |
Pending |
Reduce tariffs on the use of data for internet access |
Pending |
Reduce Corporate Tax rate from 25% to 20% |
Pending |
Provide tax incentives for the importation of quarry equipment |
Pending |
Increase infrastructure expenditure as a percentage of GDP |
Pending |
Achieve double-digit growth annually |
Pending |