[Full text] 2018 Mid-year budget review

Finance minister was in Parliament to present the mid-year budget review[/caption] The minister of Finance, Ken Ofori Atta, on Thursday, July 19, delivered the 2018 mid-year budget review before parliament. Contrary to the speculations of many including the minority in parliament, the budget did not increase the Value Added Tax (VAT). Read: VAT remains 12.5% – Finance Minister asserts The budget review however introduced new taxes on luxury vehicles and a sixth band on the graduated personal income tax rate which would tax personal income more than 10,000. It also touched on how far government has gone with its flagship programmes: one district one factory, free senior high school, restoration of teacher and nursing trainee allowance Here is the full 2018 Mid-Year Fiscal Policy Review Source: 3news.com | Ghana]]>