Ghana’s Minister of Finance, Hon. Ken Ofori-Atta, presented the Budget Statement and Economic Policy of the Government of Ghana for the 2022 Financial Year to the Parliament of Ghana on 17 November 2021 under the theme “Building a Sustainable Entrepreneurial Nation: Fiscal Consolidation and Job Creation”.
The Government of Ghana is seeking to empower the citizens especially the youth to have an entrepreneurial mindset in the year 2022. The fiscal policies presented in the 2022 Budget Statement are intended to broaden the tax net and increase government revenue to finance various Government programmes, support entrepreneurship, and create jobs to curb the unemployment menace.
Deloitte’s 2022 Budget Highlights document provides a snapshot of the milestones achieved by the Government and the key policies as outlined in the 2022 Budget Statement and our analysis of how the policies could affect businesses and impact the economy at large. It is our believe and aspiration that this 2022 Budget Highlights document will provide an in-depth understanding of the various policy interventions outlined in the 2022 Budget Statement and help build resilient businesses on the road to economic recovery.
For additional information and guidance on the policies and the proposed changes and how they affect your businesses specifically, we will be pleased to assist you.
For a quick overview of the entire budget, we provide a snapshot of the tax policy proposals and economic outlook of Ghana going into the 2022 financial year as contained in the Budget Statement.