Ghana's Majority Leader defends $449m tax waiver request for 1D1F businesses, arguing it stimulates economic growth and benefits the state.

Ghana's Majority Leader, Alexander Afenyo-Markin, defends the government's $449m tax waiver request for One District One Factory (1D1F) businesses. He argues that tax exemptions stimulate economic growth, attract investments, and eventually benefit the state as tax credits. The opposition NDC has expressed concerns about potential corruption and misuse of funds, but Afenyo-Markin believes they do not understand the long-term benefits of such incentives.

March 12, 2024
3 Articles