KPMG's 2025 Pre-Budget Survey, which was delivered to the Finance Ministry, made this claim.
Some responders to the study suggested using technology as a major initiative to help bridge the government revenue gap.
According to KPMG, there may be a minimum GH¢6.4 billion income gap if the E-duty and Covid-19 levy are eliminated.
The government could use technology to improve property rate administration and collection in addition to the revenue strategies suggested by the respondents. It should also examine taxes in the digital and e-commerce industries. According to the paper, "improving fiscal sustainability also requires reducing wasteful spending, strengthening public financial management systems, and plugging holes in public procurement."
The company also underlined that in order for Ghana's planned 24-hour economy to be successful, it needs concentrate on sectors that are inherently strong due to their 24/7 operations, rising customer demand, and competitiveness in international markets. Manufacturing, logistics and transportation, healthcare, retail and hospitality, and digital services are some of these sectors.
The majority of survey participants thought that the budget's new policy objectives might act as the cornerstone of an economic rebound.
The company also underlined that in order for Ghana's planned 24-hour economy to be successful, it needs concentrate on sectors that are inherently strong due to their 24/7 operations, rising customer demand, and competitiveness in international markets. Manufacturing, logistics and transportation, healthcare, retail and hospitality, and digital services are some of these sectors.
The majority of survey participants thought that the budget's new policy objectives might act as the cornerstone of an economic rebound.