Minority Leader Alexander Afenyo-Markin has cautioned importers that they will be disappointed as the government plans to extend the Special Import Levy from 2025 to 2028 instead of scrapping it.

During a Parliamentary session on Tuesday, March 26, Afenyo-Markin strongly criticized the decision, arguing that it burdens businesses and ordinary Ghanaians rather than providing economic relief.

Key Concerns Raised:
The levy extension contradicts expectations that it would be abolished.

The government’s approach is "taking more from citizens while offering little in return."

The move hinders private sector growth instead of providing much-needed support.

“Importers who were expecting an end to this special import levy will be disappointed. The private sector can only thrive if the government gives them a breather,” Afenyo-Markin asserted.

He urged the Finance Minister to reconsider the extension and instead focus on policies that promote economic relief for businesses and citizens.