Audio By Carbonatix
An economist at the Institute of Fiscal Studies, Dr Said Boakye, has disclosed that the Free SHS Policy should be reviewed in order to generate revenue for the country.
According to him, the free SHS would generate a huge amount of revenue if it managed very well.
His comments come on the back of government’s commitment to pass the controversial Electronic Transaction Levy (E-levy).
He said parents who can afford their children’s fees should be allowed to pay whilst government takes care of those who cannot so as to be able to save some amount of money from the policy rather than leaning on the E-levy to survive.
While noting that he is not against the Policy, Mr Boakye believed that it was high time the government faces reality and stop forcing things up just because of some promises made to Ghanaians during the campaign.
“I think the Free SHS policy should be reviewed and the country can make a huge amount of money from there. Parents who can afford should be allowed to pay for their children’s school fees and those who cannot afford, then the government takes care of that:”
“If the government takes it off to generate money, it can be re-enforced after the economy has come back to life. The government should make things real and stop politicising things”. He explained.
The Economist further disclosed that there is a problem with the country’s expenditure and revenue rate.
The government’s expenditure rate should be also be reviewed and cut out some unnecessary expenditures.
“In the government’s budget, there is an expenditure and revenue, the revenue rate is low whilst the expenditure is high. What should be focused on is what makes the revenue rate low.
“There are some people in the country who take ¢500 monthly, others take more than that but they all survive. What makes the one who takes ¢500 monthly survives is that he is conscious of his expenditure.”
However, the Second Deputy Minority Chief Whip for NDC Comfort Doyoe Cudjoe assures that even if the E-levy is passed by the government today, it will be abolished by the future NDC.
“We have already told them that Ghanaians do no synchronize with them about passing the e-levy so we have told them that we will abolish it if we are voted in to office even if it’s being passed by the government” she assured.
Latest Stories
-
Ghana troop deployment to Jamaica and Benin triggers constitutional dispute over executive power
28 minutes -
Ghana ends 2025 in 4th place in Africa with highest debt to IMF
32 minutes -
Rethinking Presidential Tenure in Ghana, 4 years or 5? – Interrogating the CRC Report
50 minutes -
Ghanaian youth leader Ebenezer Martey appointed as member-at-large of ACSA Board
1 hour -
Detty December: A National Emergency Disguised as Enjoyment
1 hour -
Clear Asokwa–Ahodwo corridor by January 4 or risk eviction – Kumasi Mayor warns traders
2 hours -
Nearly 4k shark fins seized at Kotoka Airport in major wildlife trafficking bust
2 hours -
One year on, NDC recounts its mandate and promises results in Christmas message
2 hours -
PUWU issues ultimatum over illegal takeover of Ghana Water lands in Ashanti Region
2 hours -
No room for excuses – NDC vows to deliver fully on people’s mandate
2 hours -
GUTA calls for stronger enforcement to protect local retail trade
2 hours -
MTN Y’ello Ladies Network donates GH₵200K to Korle Bu Breast Cancer Unit, Breast Care International
2 hours -
Ghana Water Ltd assures public of improved supply during Christmas, New Year festivities
2 hours -
Youth must be critical consumers of political communication – Dr. Adutwum
2 hours -
Minerals Commission, Chamber of Mines call for responsible partnership as Ghana-China mining ties deepen
2 hours
