The Ghana Chamber of Mines has petitioned Parliament’s Finance Committee to reconsider the proposed increase in the Growth and Sustainability Levy from 1% to 3%, as outlined in the 2025 Budget Statement.
The Chamber warns that such a sharp hike could significantly impact the mining sector’s growth and long-term viability.
As part of its advocacy, the Chamber has engaged Finance Minister Dr. Cassiel Ato Forson and members of the Finance Committee to present its concerns.
Chief Executive Officer of the Chamber, Sulemana Konney, expressed optimism that ongoing discussions would lead to a balanced resolution that minimizes adverse effects on the industry.
While acknowledging Ghana’s economic challenges, Konney stressed the need for a carefully considered approach to avoid undermining the mining sector’s sustainability.
The Chamber remains hopeful that its concerns will be addressed in the Mid-Year Budget Review.
