Ghana's Minister of Finance, Ken Ofori-Atta, presented the 2018 budget statement and economic policy to Parliament on Wednesday, 15 November 2017.
On the back of previous year's budget which emphasized improvement in production and revenue generation, the 2018 budget has been themed "Putting Ghana Back to Work". Accordingly, the common theme across various proposals of the 2018 budget is reviving businesses with an aim to "energize entrepreneurial spirit in every Ghanaian".
The budget statement also includes a number of tax policy proposals expected to enhance tax revenue generation which remains a key objective of government. These proposals are expected to be submitted to Parliament in 2018 for approval and subsequent amendment/enactment of legislations to make them effective.
We are pleased to share with you, our commentary and tax highlights of the Ghana 2018 budget statement and economic policy as presented by the Minister of Finance.