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Mid-year review includes update on tax measures in 2023 budget

On 31 July 2023, Ghana’s minister of finance presented the Mid-Year Fiscal Policy Review of the Budget Statement and Economic Policy of the Government of Ghana for the 2023 Financial Year (the “mid-year review”) to parliament, in line with section 28 of the Public Financial Management Act, 2016 (Act 921). The mid-year review does not introduce or revise any tax measures, but provides an update on the increased government efforts announced in the 2023 budget statement to maximize domestic tax revenue from existing tax measures.

Source Deloitte

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