Ghana has signed a $13.44 million grant agreement with JICA to improve power stability in Tamale. The project includes constructing a substation and expanding distribution networks to strengthen electricity infrastructure. Once completed, it is expected to drive economic growth, create jobs, and enhance livelihoods in the Northern Region.
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2025 Budget: Ghana Announces the Abolishment of the Following Taxes
The 2025 Budget, presented by Dr. Cassiel Ato Forson, announces the elimination of several taxes to ease financial burdens on Ghanaians. Key measures include scrapping the 1% E-Levy, removing the 10% betting tax, and abolishing the 1.5% withholding tax on unprocessed gold. These reforms aim to promote economic growth, support businesses, and enhance digital transactions.