Mahama to develop the youth enterprise tax waiver policy for start-ups

Developing a youth enterprise tax waiver policy for start-ups in Ghana is important for several reasons:

Encouraging entrepreneurship: By providing tax waivers to young entrepreneurs, the government can incentivize more young people to start their own businesses. This can help to create a culture of entrepreneurship in the country and drive economic growth.

Supporting job creation: Start-ups are often major drivers of job creation, and by providing tax waivers to youth-led enterprises, the government can help to create more employment opportunities for young people in the country.

Fostering innovation: Start-ups are often at the forefront of innovation, and by providing tax waivers to young entrepreneurs, the government can encourage more innovative ideas and solutions to emerge in the market.

Promoting economic development: By supporting the growth of start-ups through tax waivers, the government can help to stimulate economic development in the country and drive overall prosperity.

Attracting investment: A youth enterprise tax waiver policy can also help to attract more investment into the country, as investors may be more willing to support young entrepreneurs if they know that they will receive tax incentives.

Overall, developing a youth enterprise tax waiver policy for start-ups in Ghana can have a positive impact on the economy, job creation, innovation, and overall economic development in the country.

And it is for these reasons that the 2024 presidential candidate of the National Democratic Congress, former President John Dramani Mahana has promised to develop the youth enterprise tax waiver policy for start-ups if the good people of Ghana vote for him as the next president of the Republic.

This vision of H.E. John Mahama could potentially have a positive impact on the entrepreneurial ecosystem in Ghana. By providing tax waivers to young entrepreneurs, it can incentivize more youth to start their own businesses, create jobs, foster innovation, and drive economic development in the country.

Anthony Obeng Afrane