Finance Minister Dr Cassiel Ato Forson has announced that the government will not introduce any new taxes in 2027, saying its focus will be on improving revenue collection and closing loopholes in the tax system.

Presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, 2026, the minister said the government would concentrate on collecting taxes already required by law rather than introducing new ones.

“We will not introduce any new tax,” he stated.

Dr Ato Forson explained that the government's approach would focus on preventing revenue losses, improving tax administration and ensuring that taxpayers receive fair and timely treatment.

“Taxpayers deserve better treatment, fair treatment, and timely decisions,” he said.

As part of the government's plans for 2027, the Finance Minister announced a review of several tax laws, including the Income Tax Act, Revenue Administration Act and Communication Service Tax Act.

The government will also review stamp duty administration, customs tariffs and import duty concessions on selected raw materials and machinery to support local industries.

Dr Ato Forson said the government would introduce regulations to ensure that the revised tax laws were applied consistently.

He further announced plans to review Ghana's double taxation agreements in line with the United Nations framework on international tax cooperation.

The review will focus on preventing tax evasion and the abuse of international tax agreements while protecting legitimate investments in the country.

The Minister also disclosed that the government would strengthen mechanisms for resolving tax disputes to make tax compliance simpler and less costly for individuals and businesses.

The measures form part of the government's broader efforts to improve domestic revenue mobilisation without introducing new taxes in 2027.

DR/MA

LIVE: Dr Cassiel Ato Forson is presenting the 2027 Budget Statement and Economic Policy