Mid-Year Budget Uninspiring, Hopeless – Ato Forson1 min read

Minority Leader Dr Cassiel Ato Forson has criticised the 2024 mid-year budget, describing it as uninspiring and hopeless.

On Tuesday, July 23, Finance Minister Mohammed Amin Adam presented the 2024 mid-year budget review to Parliament.

During his address, Dr. Amin Adam emphasized the government’s commitment to fiscal discipline, assuring that they would adhere to budgetary allocations and manage expenditures carefully to avoid overspending.

Despite these assurances, Dr Ato Forson expressed his concerns to the media, urging Ghanaians to brace for more hardship.

The Ajumako-Enyan-Essiam Member of Parliament argued that the government missed an opportunity to provide relief by abolishing certain taxes, which could have cushioned Ghanaians and businesses alike.

“This mid-year review leaves many people disappointed and uninspired. It gives no hope to the ordinary Ghanaian that anything will be done to change the unbearable hardships that confront the people of Ghana.”

“In the last eight (8) years, Akufo-Addo and Bawumia have burdened Ghanaian businesses and individuals with high tax regime such as E-levy, COVID levy, an effective VAT rate of 22%….”