Members of Parliament (MPs) will begin debate on the 2023 budget statement presented by the Minister of Finance, Ken Ofori-Atta on Tuesday, November 29, 2022.
Outlining how the debate would take, the Deputy Majority Leader, Alexander Afenyo Markin, said, “on November 29, 2022, it is expected that the debate will focus on Finance, Agriculture, Trade and Industry, and Wednesday Communications, Energy, Roads, Works, Housing, Sanitation and Environment and Thursday, December 1, it will be Health, Youth and Sports, Education, Tourism, Culture and Chieftaincy,” he indicated.
The Finance Minister, Ken Ofori- Atta on November 24, 2022, presented the 2023 budget statement in Parliament.
Some aspects of the budget such as the reduction of the 1.5% e-levy to 1%, the freezing of jobs in the public sector by the government and the introduction of a 2.5% VAT have already triggered discussions within the public.
Businesses and the public have opposed the new tax policy, while mobile money users have criticized the removal of the threshold on transactions.
However, a minority in parliament have already raised concerns about the E-levy and wants it to be further reduced to 0.5%.
