The Greater Accra Regional Chairman of the Association of Ghana Industries (AGI), Tsonam Akpeloo, has expressed anticipation that Finance Minister Ken Ofori-Atta will implement recommendations for boosting the private sector.

He emphasized the need to streamline the current tax system to support local manufacturers and reduce their tax burdens. In an interview with Joy Business, Mr. Akpeloo stated,

“We are saying that we want the current tax regime to be streamlined in order to give room for private local manufacturers to able to thrive and relieve them from all the tax burden”.

“The issue of taxation is very key for us, and we really looking forward for the finance minister to address that. We have had several meetings with him, and we only pray that they would want to implement some of the recommendations for the private sector”.

This statement follows Finance Minister Ken Ofori-Atta's announcement that the 2024 Budget will introduce programs and initiatives aimed at reducing the high cost of doing business in the country.

Ofori-Atta emphasized that the budget will also tackle concerns related to excessive taxation impacting the private sector.

He added that the government is committed to prioritizing the private sector and creating a conducive environment for its growth.