If elected president in the next 2024 elections, Vice President Dr. Mahamadu Bawumia promised to remove the contentious betting tax.
Customers have criticized the tax, which levies a 10% tax on winnings from lotteries and sports betting, especially the younger demographic.
In his speech outlining his vision for the country, Dr. Bawumia said, “The new policies that I am proposing to implement in 2025 will give us the fiscal space to eliminate some taxes, like the emissions tax, the betting tax, and the VAT on electricity, without compromising our deficit target.”
The Vice President’s pledge to eliminate the betting tax is consistent with his larger commitments to resolve tax-related concerns and improve the financial situation.
In addition to removing certain taxes, Dr. Bawumia wants to put policies into place that will advance the nation’s general growth and well-being.
Dr. Bawumia underlined the noteworthy advancements made by the government in the field of sports infrastructure.
He listed the University of Ghana Stadium in Legon, the creation of multi-sports facilities at Borteyman for the African Games, the completion of six new multipurpose sports stadiums, and ongoing initiatives in each of the ten historic areas.
The Vice President also emphasised the notable rise in public astroturf facilities, which went from three in 2016 to over 150 at present, with many more in the works.