No New Taxes In 2027 Budget As Finance Deputy Minister Ampem Nyarko Gives Assurance

No New Taxes In 2027 Budget As Finance Deputy Minister Ampem Nyarko Gives Assurance

Ghana’s Deputy Minister for Finance, Ampem Nyarko, has announced that the 2027 national budget will not introduce any new taxes, offering an indication of the government’s tax policy direction ahead of the presentation of the financial statement.

According to a report by JoyNews on November 11, 2026, Ampem Nyarko disclosed that the government would not introduce new taxes in the 2027 budget. His announcement comes a day before the Finance Minister is expected to present the budget to Parliament on Thursday, November 12, 2026.

The declaration has drawn attention to the government’s proposed fiscal measures for the coming year, particularly at a time when businesses, workers and households are closely monitoring developments in taxation and public expenditure.

The decision not to introduce additional taxes could provide some relief to individuals and businesses concerned about the cost of meeting their tax obligations. It also signals the government’s intention to pursue its economic objectives without placing additional tax burdens on Ghanaians through newly introduced levies.

However, the absence of new taxes does not necessarily mean that existing taxes will be reduced or that all current tax obligations will remain unchanged. Details of the government’s revenue mobilisation strategy, expenditure priorities and other fiscal measures are expected to become clearer when the full budget statement is presented.

The 2027 budget is expected to outline the government’s economic plans, revenue projections and spending priorities for the next financial year. It will also provide Parliament and the public with an opportunity to examine the policies intended to guide the country’s economic management.

Ampem Nyarko’s announcement has therefore raised expectations ahead of the presentation, as Ghanaians await further details about the government’s plans for taxation, economic growth and national development.

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