Reacting on Facebook, the IMANI Africa President posted:
“Today, the real men spoke. They spoke less, they spoke sense and they kept their word.”
His statement underscores three key points:
Concise and impactful communication – The budget was devoid of unnecessary grandstanding.
Sensible policies – It focused on concrete economic relief, including the abolition of multiple taxes.
Commitment to promises – The government appears intent on following through on its pledges.
Among the standout announcements in the budget were:
📌 The removal of the 1% E-Levy, a tax that had been widely unpopular.
📌 The elimination of the 10% betting tax, which had been a burden on youth engaged in sports betting.
📌 The scrapping of the Emission Levy and VAT on vehicle insurance, aimed at reducing costs for businesses and individuals.
These tax cuts, coupled with a commitment to economic recovery, seem to have impressed Cudjoe.
His remark about leaders who “kept their word” could be an acknowledgment that the current administration is making good on its campaign promises to ease the tax burden on Ghanaians.
However, skeptics warn that the budget’s sustainability remains uncertain. While it reduces taxation, it also proposes cutting tax refunds, which could affect businesses and investors.
The key test for the government will be whether it can implement these policies effectively without creating future financial gaps.
For now, however, Cudjoe appears optimistic, signaling a rare moment where a policy analyst finds a government budget both reasonable and realistic.
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