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Minority says 2024 mid-year budget review uninspiring, offers no hope to citizens

Dr. Cassiel Ato Forson, the minority leader, has criticized the 2024 midyear budget, calling it gloomy and uninspired.

The 2024 mid-year budget review was given to Parliament on Tuesday, July 23, by Finance Minister Mohammed Amin Adam.

Dr. Amin Adam stressed the government’s commitment to fiscal restraint during his speech, promising to follow budgetary allotments and carefully monitor expenses to prevent overspending.

Dr. Ato Forson told the media that he was worried and that Ghanaians should prepare for further suffering in spite of these guarantees.

The member of parliament for Ajumako-Enyan-Essiam claimed that by removing some taxes, the administration squandered a chance to offer assistance that would have protected both enterprises and Ghanaians.

“This mid-year review leaves many people disappointed and uninspired. It gives no hope to the ordinary Ghanaian that anything will be done to change the unbearable hardships that confront the people of Ghana.”

“In the last eight (8) years, Akufo-Addo and Bawumia have burdened Ghanaian businesses and individuals with high tax regime such as E-levy, COVID levy, an effective VAT rate of 22%….”