Chairman of Parliament’s Subsidiary Legislation Committee, Patrick Yaw Boamah, has urged Ghanaians to brace themselves for a potential 30% to 40% increase in statutory fees in the mid-year budget, which will be presented by the Finance Minister, Cassiel Ato Forson, on Thursday, July 24.
In a Facebook post on Wednesday, July 23, the Okaikwei Central MP revealed that the new fees Regulations are scheduled to be laid before Parliament as part of efforts to bolster government revenue.
“Ghanaians should expect a 30% to 40% increase in fees, as proposed in the new fees Regulations set to be laid before Parliament tomorrow by the Minister for Finance. The proposal is currently before the Subsidiary Legislation Committee for pre-laying consideration,” he wrote.
The announcement comes ahead of the much-anticipated 2025 Mid-Year Budget Review. The review will focus on the government’s fiscal performance in the first half of the year and present revised strategies aimed at sustaining the country’s recovery under the ongoing IMF-supported programme.
The proposed adjustment in fees forms part of broader measures being considered by the government to boost revenue mobilisation, improve expenditure efficiency, and sustain macroeconomic stability.
Key areas of focus in the mid-year review are expected to include tax performance, public spending, debt servicing obligations, and potential amendments to existing levies.
