Gov’t to embark on domestic revenue mobilisation to mitigate Covid-19 impact

Ghanaians should be prepared to pay more taxes as the government seeks to embark on an aggressive domestic revenue mobilization drive to mitigate the negative impact of Covid-19 on the economy.

According to a deputy Minister-designate for Finance, Abena Osei-Asare government seeks to introduce several tax policies between 2021 and 2023 aimed at raising the needed resources to offset the deficit created by the novel coronavirus.

Mrs Osei-Asare said the government is aggressively working to increase the country’s revenue to GDP from 13% to 20% by 2023 as being done by countries within the sub-region.