IERPP warns of GH¢7.1bn revenue shortfall from 2025 tax reforms
Ghana could face a revenue shortfall of up to GH¢7.1 billion in 2025 as a result of proposed tax reforms, the Institute for Economic Research and Public Policy (IERPP) has projected. The reforms, aimed at easing financial pressures on households and businesses, include the repeal of several taxes. While the measures are expected to bring short-term relief, the IERPP has cautioned that they could threaten the country’s fiscal stability if not backed by strong alternative revenue strategies. “We estimate the total revenue loss from the repeal of these taxes to fall between GH¢5.5 billion and GH¢7.1 billion,” said Prof. Isaac…