Gov’t to exempt solar panels and batteries from import duties – Ato Forson

Ghana's Finance Minister, Dr. Cassiel Ato Forson, has announced plans to exempt solar panels and batteries from import duties and Value Added Tax (VAT) as part of the government's efforts to reduce the cost of renewable energy and encourage more households and businesses to switch to solar power. The policy, which forms part of the government’s 24-hour economy programme, is expected to make solar energy more affordable and improve access to reliable electricity across the country.

The exemptions are intended to lower the initial cost of installing solar systems and encourage households, businesses, and other institutions to invest in renewable energy, ultimately contributing to national development and energy security.

Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.