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Ghana Eliminates VAT on Domestic Flights Amid Interest from 10 Potential Airline Investors

  • Ghana’s Ministry of Aviation received proposals from 10 investors for domestic airline operations.
  • The announcement was made by the Minister of Aviation, Ms Cecilia Abena Dapaah, at the IATA Day in Accra.
  • The conference theme focused on aviation as a catalyst for socio-economic development in Ghana.
  • The government abolished the 17.5 percent VAT on domestic airfares to boost air travel.
  • Plans are underway to establish a national airline for the West African region.
  • A new entity will handle air navigation services, while the Ghana Civil Aviation Authority will focus on regulation.
  • IATA commended Ghana for its aviation industry transformation.
  • The aviation industry globally contributes significantly to GDP and employment.
  • Demand for air connectivity is expected to double in the next 20 years.

Source: thisdaylive.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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