Finance Minister Assures Households and Businesses as Government Focuses on Improving Revenue Collection
Finance Minister Dr Cassiel Ato Forson has assured Ghanaians that the government will not introduce any new taxes in 2027.
Presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026, the Finance Minister said government would focus on improving revenue mobilisation, closing loopholes and ensuring that existing taxes are collected efficiently.
“This 2027 Budget will not introduce any new tax. Our task is to collect what is lawfully due, close the leakages and make the revenue system work better,” he stated.
Dr Forson also highlighted previous tax policy changes, including the abolition of the E-Levy, COVID-19 Levy, Emissions Levy and VAT on motor vehicle insurance.
Government is also planning to review and modernise several existing tax laws and administrative frameworks in 2027 to improve fairness, compliance and efficiency.
The announcement is expected to provide some relief and certainty for businesses and households, although existing tax obligations will remain in place.
For many Ghanaians, the expectation is that improved revenue collection will go hand in hand with responsible public spending, better services and a stronger business environment.
No new taxes, better revenue collection and responsible spending. The real test is making the benefits felt by ordinary Ghanaians. 🇬🇭
#2027Budget