MINISTER OF FINANCE PRESENTS 2025 MID-YEAR FISCAL POLICY TO PARLIAMENT The Minister of Finance, Hon. Cassiel Ato Forson has presented the 2025 Mid-Year Fiscal Policy Review to Parliament. In his presentation, the Finance Minister explained that this Mid-year review is more than a fiscal update. “it is an account of what we inherited and the positive results of stewardship in the last 198 days” he stated. According to the Minister, the Ghana Revenue Authority, together with the Ministry of Finance is undertaking a nationwide consultation process to sentsitise key players in the trade and business sectors on the VAT reforms and solicit feedback from them. He hinted that, under the reforms COVID-19 Levy will be abolished, the effective VAT Rate would be reduced, the punitive cascading effect of the GETFund and NHIS levies will be removed, VAT rates will be removed and a unified VAT rate will be implemented, VAT rate registration threshold will be increased to exempt small and micro...