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flag Ghana will scrap the 1% COVID-19 Health Recovery Levy starting Jan. 1, 2026, saving consumers and businesses over GH¢3.7 billion annually.

flag Ghana will abolish the 1% COVID-19 Health Recovery Levy effective January 1, 2026, following President John Dramani Mahama’s signing of the repeal act on December 10, 2025. flag The move, which fulfills a campaign promise, eliminates a tax that raised about GH¢7.61 billion since 2021 and is expected to save consumers and businesses over GH¢3.7 billion annually. flag The government plans to offset the resulting revenue gap through VAT reforms, higher registration thresholds, and spending adjustments. flag Trade groups welcome the repeal alongside prior reductions like the E-Levy and VAT cut, but urge further reforms to streamline levies and improve port efficiency. flag While the cedi’s stabilization has boosted confidence, challenges remain in balancing fiscal sustainability with economic growth.

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