Audio By Carbonatix
The Minority Leader, Dr. Cassiel Ato Forson, says the New Patriotic Party (NPP) lacks new ideas to develop the country.
According to him, Ghanaians expected that the mid-year review would have abolished several taxes.
He said that the numerous taxes have made Ghana a high-tax regime, causing businesses to move out of the country.
Speaking after the presentation of the mid-year budget by the Finance Minister, Dr. Cassiel Ato Forson said, "For example Covid-19 levy, E-levy, bola tax, tax on domestic electricity, emission levy."
- Read also: Full text: 2024 Mid-Year Budget Review
"Mr Speaker, this is a missed opportunity. Mr Speaker, instead, the minister did not announce one single new policy. The minister did not introduce new ideas. Mr Speaker, unfortunately, Ghana is on autopilot. Our economy is on autopilot.”.
Dr. Cassiel Ato Forson expressed his shock upon noticing that in Appendix 2(a) on page 107 of the minister's mid-year review and economic policy, the government had already missed its IMF program targets.
The minority leader noted that Appendix 2(a) reveals that contrary to the IMF program stipulations, which dictate that Ghana should not accumulate any arrears, the government has accumulated new arrears worth 4.5 billion Ghana cedis.
“Mr Speaker, in the original budget this government had program zero for the first half of the year, meanwhile in the midyear review appendix 2(a) provisional they have actually incurred new arrears worth 4.5 billion Cedis. Mr Speaker, we are ready to debate now.
"Mr Speaker, I am not surprised; all I want to tell them is that they are bereft of new ideas.”.
Latest Stories
-
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
17 minutes -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
28 minutes -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
39 minutes -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
42 minutes -
Nigeria convicts 386 Islamist militants in mass trials
47 minutes -
Djibouti president wins election with 97.8% of vote, state media saysÂ
52 minutes -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
1 hour -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
1 hour -
Christina Koch becomes first woman to travel around the moon on Artemis II
2 hours -
Epstein survivors’ calls to meet King Charles and Queen harder to ignore as US visit approaches
2 hours -
UN Secretary-General names Ghana’s Anita Kiki Gbeho as South Sudan envoy
2 hours -
Mali withdraws recognition of Sahrawi Republic, backs Morocco’s autonomy plan
2 hours -
Gov’t distributes over 8,500 laptops to One Million Coders project
2 hours -
Julius Debrah, ‘man to beat’ as NDC’s James Agbey dismisses Musah Dankwah’s polls
2 hours -
GPRTU in Savannah Region to protest alleged eviction in Damongo
2 hours