2022 budget: Expect to pay more taxes – Mahama

Former President John Dramani Mahama has said the government intends to increase taxes as it prepares to present the 2022 budget.

The 2022 budget will be presented before parliament by Finance Minister Ken Ofori-Atta on 15 November 2021.

According to Mr. Mahama, the country is reeling in debt and wonders how much more hardship the people of Ghana can endure under the New Patriotic Party (NPP) government.

Addressing the Greater Accra House of Chiefs as part of his Thank You tour in the region on Tuesday, 10 November 2021, Mr. Mahama noted that the economy had been run into a ditch.

He told the chiefs and queen mothers gathered that “this government has been on a spending spree, borrowing spree, today, debt is overwhelming us, we’ve never been in debt to this extent ever before in our lives, even at the time we went HIPC our debt to GDP was not almost 80 percent. Today, we are almost 80 percent of debt to GDP even with a rebased economy.”

“So the economy has been run into a ditch and I know that in a few days’ time, they will read the budget and it’s the intention of this government to increase taxes and increase tariffs on electricity and water and all that,” Mr. Mahama predicted.

“How much more hardship can the people of Ghana take?” he quizzed adding that “we as the NDC, we’ll play our part and give a voice to the voiceless and let people in authority know what the people of Ghana are going through and so we shall play our role properly as the opposition in this country.”

Mr Mahama further noted that people living along the coast have not been left out of the suffering and hardship as a result of bad government.

“In all this hardship, we cannot forget that there’s a growing poverty in coastal communities in this country and it comes all the way from Aflao to Axim because the traditional occupations of our people have been affected,” he stated.

He explained that “If it is fishing, today if you go to all our coastal communities including our coastal communities here in Greater Accra, the fishermen go and come back with nothing because there’s overfishing by commercial trawlers in the sea.

“In our time, we equipped the navy with boats so that they could patrol the 20 Nautica miles and prevent the commercial trawlers from fishing within that place.

“Today, many of the navy’s boats are broken down and those that are working, they can’t buy fuel to put in them to go and patrol. And so, sometimes you are standing and you see fishing trawlers within the coastal boundary where they’re not supposed to fish and that is affecting the fortunes of our local fishermen.”