The government has reaffirmed its commitment to ensuring that tax policies do not hinder the investment environment.
Deputy Finance Minister in charge of Revenue, Dr. Alex Ampaabeng, emphasized that this effort aligns with the government’s growth agenda.
Dr. Ampaabeng highlighted that Ghana remains the premier investment destination in the sub-region for offshore investors.
Speaking at the Ghana Investment GC100 CEO’s Breakfast Meeting and the launch of the 21st Ghana Club 100 Awards, themed “Partnering for Prosperity, Building a Thriving Ghanaian Economy,” Dr. Ampaabeng called for strategic collaborations among sector players to maintain and drive economic growth.
“The Ministry of Finance is actively working to create an enabling environment for businesses. A recent engagement with stakeholders in May 2024 discussed ways to improve Ghana’s business climate and ease of doing business, acknowledging investors’ concerns about Ghana’s complex tax system. We are collaborating with the GRA to streamline and revise administrative processes associated with tax administration,” he stated.
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, stressed that Ghana had demonstrated resilience despite economic hardships. He underscored the importance of partnerships to restore growth.
“At the GIPC, we believe that sustainable economic growth can be fast-tracked through stronger and meaningful partnerships, and we are committed to this goal,” he said.
Commenting on the prestigious Ghana Club 100 awards scheduled for October 2024, Mr. Grant mentioned that the event would recognize and celebrate the achievements of the top 100 companies in Ghana’s business landscape, acknowledging their significant contributions to the country’s economy across various sectors.
