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Finance Minister Pleads With French Businesses Leaving Ghana Amid Tax Concerns

Despite the current tax climate, the government is urging the French business community to reevaluate any intentions to move their businesses out of Ghana.

In order to improve the business environment for foreign investors, Finance Minister Dr. Mohammed Amin Adam told members of the French Chamber of Commerce that measures are being taken to lessen excessive pressure and claimed harassment by certain Ghana Revenue Authority (GRA) staff.

Dr. Amin Adam urged French companies to continue being patient and dedicated to Ghana at the France-Ghana Economic Report 2023-2024 launch and Annual Cocktail event with the French business community, which took place at the French Ambassador’s home in Accra on Friday. He also highlighted government initiatives aimed at sustaining and promoting foreign investments.

“I want to appeal to you to continue to stay in Ghana because we are addressing all the issues that you have raised with me. Issues relating to taxes and harassment of businesses by tax collectors, you will notice have been resolved.

“We’ve had to withdraw all the tax collectors who were allegedly harassing businesses from those centres of operation, and so you won’t see them anymore,” he said.

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