TEMA, Ghana, 14th November: The Secretary-General of the Ghana Federation of Labour (GFL), Abraham Koomson, has expressed confidence in Finance Minister Dr. Cassiel Ato Forson’s commitment to improving the living conditions of Ghanaians, describing his performance as encouraging.
According to him, the Finance Minister has demonstrated a clear commitment to national economic recovery and the effective functioning of government ministries through the financial allocations outlined in the 2027 Budget.
Speaking on Ahotor FM’s Yepe Ahunu programme on Saturday, November 14, 2026, Mr. Koomson said the budget presentation contained specific financial allocations for various ministries, making it necessary for them to take proactive steps to access the funds allocated to their respective sectors.
“I know the Finance Minister is committed to making sure things will be better for Ghanaians, and I can see that. The budget he read, he has mentioned some figures, so it is up to the ministries to follow up to ask for the monies allocated to them in the budget,” he stated.
He further commended Dr. Ato Forson for what he described as a demonstration of commitment to ensuring that government ministries receive the necessary resources to discharge their responsibilities effectively.
“He has done very well, and openly he has demonstrated that he is committed to making sure the ministries function,” Mr. Koomson added.
The GFL Secretary-General also praised the Finance Minister for not introducing new taxes in the 2027 Budget presented to Parliament on November 12, describing the decision as a welcome development for businesses and the Ghanaian economy.
He argued that excessive taxation remains one of the major challenges confronting businesses and welcomed the government’s decision to abolish certain nuisance taxes rather than introduce additional tax burdens.
“I listened to the budget presentation, but I didn’t hear the introduction of new taxes, which is a good thing because the problem that we have are the taxes,” he said.
Mr. Koomson, however, criticised the tax exemption arrangements under the previous Akufo-Addo administration, particularly those associated with former Finance Minister Ken Ofori-Atta.
He questioned the justification for granting tax exemptions to certain private companies which, in his view, did not deserve such concessions, citing the example of a privately owned hotel in Accra.
He maintained that tax incentives must be granted judiciously to ensure fairness and prevent businesses from enjoying undue advantages at the expense of the state.
On the government’s proposed 24-Hour Economy policy, Mr. Koomson expressed confidence in its potential success but stressed that the necessary economic foundations must first be established to ensure its effective and sustainable implementation.
He argued that achieving a functional 24-Hour Economy would require more than political promises, urging the government to create favourable economic conditions capable of attracting private-sector investment and encouraging businesses to expand their operations.
He believes that a favourable tax environment, effective utilisation of budgetary allocations and stronger support for businesses will be critical to creating the foundation for a sustainable 24-Hour Economy.
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