Audio By Carbonatix
The Minority in Parliament is lamenting the unfair attacks they have suffered after the approval of the policy principle statement of the 2023 Budget on Tuesday.
Although this does not mean an approval of the entire budget and the taxes introduced, a section of the public has criticised the NDC Minority for siding with the government to pass what they have described as an 'austere budget'.
However, the Minority Leader, Haruna Iddrisu says the public should have faith in their side's resolve to protect the public interest.
He explained that the approved section of the 2023 Budget was the policy principle aspect, adding that the part relating to taxes will not be approved.
“Let me state with emphasis that the approval process of the 2023 Budget is not over yet and the public should have faith and trust in the Minority in exacting accountability and in standing strong with them,” he said.
This, according to him is because the Minority is still against the taxes introduced in the 2023 Budget.
“We are not for the two and a half per cent VAT increase, we are not for the debt exchange restructuring because it is not contractual law and obligations,” he insisted.
Mr. Iddrisu noted that the consequences of not approving the policy principles of the 2023 Budget would be dire hence the reason the Minority consented.
On his part, Ranking Member on Parliament’s Finance Committee, Dr. Ato Forson said Parliament did not approve the 2023 Budget.
“Yesterday’s approval of the budget principle does not constitute approval of the budget so for the record, the budget has not been approved yet,” he stated.
He explained the processes involved in the approval of the 2023 Budget. According to him, Parliament first and foremost has to debate the principles of the budget and consider its approval.
He further stated that after debating on the principles, the House “got it approved.”
He, however, reiterated that two tax measures – 2.5 %VAT rate and E-levy tax exemptions out of 23 tax measures will not be supported.
Latest Stories
-
President Mahama calls for single-digit interest rates on agricultural loans
7 minutes -
President Mahama urges Ghanaians in formal jobs to take up farming
17 minutes -
Farming interventions paying off, lifting incomes and food security, says Agric minister
32 minutes -
Gov’t pledges science-backed interventions in agriculture, says Agric minister
42 minutes -
Ghana unveils $3.4bn plan to accelerate national clean energy transition
45 minutes -
Interior minister urges security agencies to maximise use of new NSB regional command in Ho
49 minutes -
Photos: Ghana celebrates 41st National Farmers’ Day
56 minutes -
2025 Farmer’s Day: Farmers demand a 2% interest rate on loans to boost farming activities
59 minutes -
Chamber of Aquaculture Ghana calls for strong public-private partnerships to unlock finance and transform the sector
2 hours -
Lions celebrate International Volunteer Day with over decades of service and impact
2 hours -
3 dead, dozens injured in Mampong Abuontem head-on collision
2 hours -
MoFFA shuts down several Eastern Region mortuaries over poor sanitation, non-compliance
2 hours -
Domestic violence case: John Odartey Lamptey remanded over alleged brutal assault on wife
2 hours -
Minority urges government to tackle smuggling and protect local farmers
2 hours -
Ashanti regional minister drags Democracy Hub member to court over alleged galamsey remarks
2 hours
