According to the former Senior Minister, the revenue Ghana generates from property rates accounts for only 0.03% of the country’s Gross Domestic Product (GDP). He believes this does not speak well for the country considering what other West African countries including the Zambia make from property rates. “In Ghana, we only realise 0.03% of GDP from property rates. Minister for Lands and Natural Resources, Samuel Abdulai Jinapor recently revealed plans by government to roll out a new property rates policy. “You value the property based on the structure and not the value of the land.

Source: GhanaWeb October 05, 2021 16:17 UTC