Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson has told parliament that the government is “cleaning up the NPP’s mess” surrounding the Integrated Tax Administration System (ITAS) contract, as he laid bare the series of procedural breaches and financial risks inherited from the previous administration.
Briefing the House, Dr Forson revealed that the NPP government committed Ghana to a binding contract with Tata Consultancy Services on 4 November 2024 without seeking the constitutionally required parliamentary approval.
He warned that failure to execute the contract at this stage would have exposed the country to a hefty judgement debt.
The minister also informed MPs that the former administration granted extensive tax exemptions to the contractor. The current government, he said, has since renegotiated the terms of the agreement and saved the nation about 10 million dollars.
“We have corrected what they failed to do and protected the public purse,” he stated.
Dr Forson further reminded Parliament that it was the NPP itself that agreed with the IMF to make the ITAS contract a structural benchmark to be completed before the end of 2024.
He then revealed that the IMF has now upgraded that requirement to a prior action necessary for Ghana’s next programme review.
Addressing the chamber, the minister underscored that the Mahama government’s priority is lawful and responsible.
Latest Stories
-
Ukraine, global conflict, and emerging security uuestions in the Sahel
5 minutes -
Either defer new royalty regime or abolish Growth and Sustainability Levy – Chamber of Mines to government
37 minutes -
The Suit is a shroud ; the fugu is our resurrection
47 minutes -
NDC appoints Inusah Fuseini as Ayariga steps down from Ayawaso East primary probe committee
1 hour -
T-bills auction: Government exceeds target by 246%; interest rates fall sharply to 9.9%
1 hour -
Lands Minister arrives in South Africa for annual African mining investment conference
1 hour -
Frank Quaye Writes: Nullify Ayawaso East primary to protect NDC’s integrity and goodwill
1 hour -
Medeama survive Samartex test to reach FA Cup last eight
1 hour -
Vote- buying, party reform, and the unfinished business of internal democracy in the NDC
2 hours -
Mahama Ayariga withdraws from NDC Ayawaso East probe as Majority Caucus demands cancellation of primary
2 hours -
Majority caucus calls for cancellation of Ayawaso East primary over vote-buying allegations
2 hours -
Jachie-Pramso SHS appeals for support as headmaster hails discipline
2 hours -
NDC committee given February 10 deadline to submit Ayawaso East vote-buying report
4 hours -
Abossey Okai spare parts dealers threaten one-week strike over new VAT regime
4 hours -
Sentencing is not a lottery -Lawyer defends Agradaa’s sentence reduction
5 hours