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Ghana's finance CEO sees tax cuts as a GHS 2 billion relief but warns of replacing lost revenue.
Ghana's CEO of Dalex Finance, Joe Jackson, says the recent tax cuts, including the removal of the E-Levy and betting tax, will offer financial relief to Ghanaians, freeing up about GHS 2 billion.
However, the government faces challenges in replacing lost revenue.
To offset this, taxes in sectors like mining have been increased.
Jackson acknowledges that while these measures provide some relief, they may not fully cover the expenditure gap, and Ghana's economic recovery will require tough decisions.
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El director general de finanzas de Ghana ve los recortes de impuestos como un alivio de 2.000 millones de GHS, pero advierte sobre la sustitución de los ingresos perdidos.