Senior Minister-Designate, Hon. Nana Yaw Osafo Maafo has indicated that Nana Akufo-Addo’s administration will certainly look at taxes which stifle growth to businesses in the country.
According to him, he is going to coordinate with other sector ministers especially with the finance and business areas which will promote development in the country.
Parliament, on Friday January 20, 2017, started vetting the 35 ministerial nominees announced by President Nana Addo Dankwa Akufo-Addo.
The nominee, who is the first on the list of four minister-designates being vetted today, reiterated that there are several lazy and cumbersome taxes, that unnecessarily burden the private sector.
“Any tax creating hindrance to businesses will be looked at when we begin our work...we want our private sector to be vibrant because the economy is not growing. We want to pave way for our private sector to operate smoothly”, he indicated.
He maintained that there are certain fundamental taxes which cannot be tampered with but with regards to those considered as irrelevant, they will certainly be discarded.
Source: Daniel Adu Darko/Peacefmonline.com.gh
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
The high Electricity tariff is also a problem. It's like economic Ebola. It's killing businesses every day. More than a million jobs has been lost since world bank brought the killerr metres. Half of the working capital of some businesses have been consumed by the new metering system. Let's reduce electricity by 50% and the entire economy will improve in less than a month. Electricity alone is making life unbearable
MY PRIVATE CAR'S 3rd PARTY INSURANCE HAS BEEN RAISED FROM A FEW CEDIS TO 210 GHC BY THE NATION WRECKING NDC. PLEASE REDUCE THIS BURDEN FOR US. IT IS AMONG THE 'NUISANCE' TAX, I SUPPOSE.
Bawumia is finished osarfo marfo has taking his position
NOW THE THINKERS ARE TALKING NOW THE WISE AND LEARNED ARE GIVING THE SOLUTIONS.
You see the difference in policy focus between the previous finance minister and thinking of the present govt. Terker was just busy imposing taxes left, right center. Osafo is exhibiting well though through policies. NDC would have ran the economy down. Thank God they were kicked out. Apuuuuuuuu!!!!!
One of the first taxes must be the Special Import Levy to scraped.
We thank you Papa. Now we can't even purchase cars due to its exorbitant prices. Our salaries cannot take us home too. Cost of living is too high. I wish NPP well