President of AGI for Greater Accra, Tsonam Akpeloo
The President of the Association of Ghana Industries (AGI) for Greater Accra, Tsonam Akpeloo, has described the 2025 budget presented by the Minister of Finance, Dr Cassiel Ato Forson, as promising.
He noted that the budget appears to be more stabilized for the business community.
Speaking on Channel One TV, he expressed satisfaction with the abolishment of the Electronic Transfer Levy (E-Levy).
He explained that the business community relies heavily on mobile money transactions, and the scrapping of the tax will help them save money and reduce costs.
Akpeloo said, “The budget looks promising. Even though we are not yet out of the woods. We still have concerns, but it looks promising. It comes across as a more stabilized budget for us in the private sector, especially because some of the taxes we have always advocated against have been removed, like the E-Levy, for example.”
“If you follow advocacy, you will realize that most of the businesses that are SMEs really use mobile money for transactions, so the E-Levy was a big deal,” he added.
The Minister of Finance, Dr Cassiel Ato Forson, presented the first Budget and Economic Policy of the John Dramani Mahama administration in Parliament on Tuesday, March 11, 2025.
The budget presentation was in accordance with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act, 2016 (Act 921).
SA/EK
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