Audio By Carbonatix
Parliament has approved the first of numerous tax waivers before the House, which the Finance Committee was previously blocking.
MP for Obuasi West, Kwaku Kwarteng, who used to chair the Finance Committee, was accused of siding with the Minority in blocking tax waivers worth nearly $400 million.
However, barely a week after he was officially removed from the role, the first of several such tax waivers are now coming to the floor for approval.
The approved tax waiver amounts to €1.5 million for the supply and installation of e-learning laboratories in Senior High Schools across the country.
Speaking on the floor of Parliament, Vice Chair Of the Finance Committee, Carlos Ahenkora justified the need for the waivers.
The Minority surprisingly did not oppose the approval.
According to Minority Leader, Dr. Cassiel Ato Forson, this tax waiver is not controversial hence their support.
"Clearly this tax exemption is excepting a loan facility that has been approved by this house already amounting to €11.5 million. So the tax waiver is approximately 10% of what has been approved and the target is to supply some E-Learning equipment such as computers, laptops and a number of ICT-related equipment to certain secondary schools across the country," the Minority Leader said.
He rather commended the Minister for ensuring the project was evenly distributed.
Latest Stories
-
Student arraigned over alleged GH¢24,849 ATM card fraud in Accra
11 minutes -
“Gold in the ground is not dead wealth”, Ghana’s proven gold reserves estimated at US$146bn – CPS
11 minutes -
Accra doesn’t have a transport problem, it has a reliability problem
13 minutes -
Accra commuters endure long queues despite transport reforms
23 minutes -
“In the midst of abundant gold, we are a liquidity trap” — Prof. Alagidede
23 minutes -
Kennedy Agyapong emerges frontrunner in NPP flagbearer race in new study
28 minutes -
Creative Arts Agency plans highlife festival for 2026 – Gideon Aryeequaye
31 minutes -
Trump links Greenland dispute to not getting Nobel Peace Prize
46 minutes -
GRA to deploy AI to tackle import fraud from February 1
47 minutes -
Government renews curfew in Nkwanta South amid security concerns
53 minutes -
StarOil CEO takes swipe at rivals over fuel pricing as firm posts record daily sales
54 minutes -
South African team helps search for politician swept away by Mozambique floodwaters
55 minutes -
Thirteen schoolchildren killed after bus collides with lorry in South Africa
59 minutes -
Daily Insight for CEOs: The CEO’s role in strengthening execution discipline across the organization
1 hour -
Ofori-Atta is happy ahead of January 20 immigration hearing – Lawyer says
1 hour
