
Audio By Carbonatix
The National Democratic Congress(NDC) has condemned government’s decision to reverse the benchmark value discounts on imports introduced in 2019 to cushion importers.
The Finance Minister in the 2022 budget, announced government’s policy to reverse the discounts on benchmark values in order to curb imports and raise badly needed revenue.
The NDC has decried what it says will be the severe hardships that will emanate from the policy reversal since importers will pass on the increase in duty payments to consumers who are already overburdened with taxes.
Addressing a press briefing on the matter on Wednesday, Communications Officer of the NDC, Sammy Gyamfi singled out Vice President Bawumia for criticism describing his stance on the issue of benchmark value reversal as “deceitful”.
Mr Gyamfi dismissed claims that the reversal of the discounts was aimed at curbing imports and shoring up revenues at the port which he says has consistently witnessed increases in the last few years.
He described as “callous and insensitive ”the decision to pass on the full cost of imports to importers when escalating prices of goods and services had become a major problem for Ghanaians.
Mr Gyamfi urged the Akufo-Addo administration to look within and streamline expenditures some of which he classified as wasteful and align them with whatever revenues are raked in.
He said the Ghanaian people could no longer bear the hardships imposed on them through incessant taxation and called for an immediate resolution of the situation.
Latest Stories
-
Berekum Chelsea edge Aduana FC in Bono derby to boost survival hopes
7 minutes -
‘They can’t control the team’ – Ernest Thompson doubts local coaches for Black Stars role
52 minutes -
Ghana-born midfielder Seidu realises ‘dream’ with Atlético Madrid debut
59 minutes -
GPL 2025/26: Bubakari strikes late to hand All Blacks vital win over Dreams FC
59 minutes -
Fatal crash on Kintampo–Tamale highway claims four lives
1 hour -
2025–26 FA Cup Semifinal Draw: Chelsea, Man City Learn Wembley Opponents
1 hour -
GPL 25/26: Gold Stars back on top after beating Nations FC
2 hours -
GPL 2025/26: Heart of Lions roar back with victory over Vision FC in Kpando
3 hours -
Solomon Agbasi: Hearts keeper in stable condition after concussion
3 hours -
GPL 2025/26: Late Salim Adams penalty earns Medeama draw at Bechem
3 hours -
Hearts pip Young Apostles 1-0 to end 5-game winless run
3 hours -
Boakye Agyarko marks Easter Sunday with a call for Godly leadership ahead of nationwide campaign tour
4 hours -
Pepsi withdraws as UK festival sponsor after Kanye West backlash
4 hours -
Pope Leo calls for global leaders to choose peace in his first Easter Mass
5 hours -
Kpando MP highlights progress on road projects
5 hours