There Will Be No Increase In VAT - Finance Minister Says The Minister of Finance, Ken Ofori-Atta, says there will be no increase in Value Added Tax (VAT) as speculated. Mr Ofori-Atta appealed to the House and Ghanaians to stop taking directions on economic policies from Social Media. The Finance Minister said this on Thursday (July 19), while presenting the 2018 Mid-Year Budget Review to Parliament. gbcghanaonline.com ---DECRYPTED---