Any move by the government to increase taxes during the mid-year budget review will be opposed, according to the Minority Leader, Dr Cassiel Ato Forson.

According to him, the NDC MPs will ensure that the government cuts its spending rather than impoverishing Ghanaians who are already impoverished.

Speaking to the media, he argued that there is plenty of room to cut spending.

“I won’t be surprised if the government introduces new measures because if you read the MEFP, the IMF is asking for additional measures of about 1% of GDP and I don’t know where that is going to come from.”

“If I look carefully, there is a massive room for expenditure cuts, but the government obviously is indiscipline, and they don’t seem to care.”

“They want to live large on the back of the people of Ghana. So they need to cut that kind of expenditure and if I am the one in charge or responsible, I would rather go for a cut in expenditure as against a tax measure or an increase in taxation,” he added.

Ken Ofori-Atta, Finance Minister, will submit the 2023 mid-year budget review to Parliament on July 25.

This will be his first time doing so since the government agreed to an IMF arrangement.

Prior to that, industry participants have already requested the government to take advantage of the chance to eliminate some tax breaks.

Among the levies are sanitary pad taxes.