Audio By Carbonatix
Former Deputy Finance Minister, Cassiel Ato Forson, has described as an illusion, the claim by the Finance Minister, Ken Ofori Atta, that President Akufo-Addo’s government has put GHS12.2 billion into the pockets of Ghanaians.
He explained that the government has rather taken from Ghanaians an amount of GHS27.1 billion.
“I call this the great deception,” he stated.
Speaking Wednesday at the National Democratic Congress (NDC) 2020 budget forum held at the Ghana Academy of Arts and Sciences, he stated that the government has burdened citizens with hikes in prices of goods and services in the country.
The Minority Spokesperson on Finance and Economy explained that the reality was, the government has led citizens into economic hardships because of the increase in “price of fuel, transportation and unwarranted increase in utility prices.”
He added that the government had also burdened Ghanaians with tax increments and imposed levies on citizens stating the Communications Service Tax which he described as “burdensome” as such.
“Unfortunately, we are going back as if we are a country that was actually founded yesterday,” he stated.
The former deputy Finance Minister also alleged that the country has lost some GHS13.7 billion to the government between the periods of January to August 2019 by way of an increase in petroleum and diesel prices.
According to him, the government made a profit from 7.6 billion litres of petroleum sold between the period of January to August 2019.
“If you are to factor in tax increases to the scenario you will notice that the amount of money taken from the ordinary Ghanaian is GHS27.2 billion,” he said.
Ato Forson urged Ghanaians to safeguard the country’s enviable record in economic and financial governance as he stated that Ghanaians had an important role to play in ensuring that.
Latest Stories
-
USTED dean warns GAUA strike could disrupt Ghana’s restored academic calendar
4 minutes -
Bechem meat processing factory 50% complete, set for March 2027 completion – Kwakye Ofosu
18 minutes -
Titus Glover criticises Mahama’s appointment of Afi Agbenyo as EC Deputy Chairperson
23 minutes -
GoldBod initiative has created over 1,300 public and private sector jobs – Sammy Gyamfi
26 minutes -
Financial wellness key to retaining Ghana’s skilled workforce – Merban Capital CEO, Benjamin Ackah-Nyamike
28 minutes -
Sidney Nii Oko Bampoe & Isaac Akuetteh Addo
35 minutes -
Haruna Iddrisu calls for ‘Big Push’ investment in health, education, sports and agriculture
36 minutes -
Ghanaian youngster Prince Amoako Jnr reaches new milestone with FC Nordsjælland
38 minutes -
Ho Teaching Hospital to get cardiology centre under Ghana Medical Trust Fund
41 minutes -
PAC pushes for effective use of GH¢25m by Tree Crops Development Authority
43 minutes -
UK MEET Fellowship challenges journalists to look beyond AI hype
45 minutes -
Kurt Okraku’s regime has ‘failed to perform’ – Kudjoe Fianoo demands resignation of GFA Executive Council
45 minutes -
Afenyo-Markin’s influence is limited by minority numbers in Parliament – Haruna Iddrisu
48 minutes -
Police administration is doing a yeoman’s job – President Mahama
51 minutes -
GoldBod tells PAC Bank of Ghana authorised its foreign exchange transactions
51 minutes