Audio By Carbonatix
The house passed the bill despite opposition from the minority who argued that it flouts the country’s constitution.
The Finance Minister, Ken Ofori Atta in the 2017 Budget announced the removal and reduction of some taxes, including duties on spare parts to help reduce cost of doing business in the country.
According to the government, importers and consumers of used and new spare parts would soon start benefiting from the removal.
However, the former Chair of Parliament’s Finance Committee James Avedzi has challenged this claim, insisting the cuts would not be passed onto consumers.
The deputy minority leader James Avedzi speaking to Joseph Opoku Gakpo said, “…if the importer goes the ports and pays less, what’s the guarantee that importer would translate that reduction to the final price so that you and I who go to the market…yesterday, I said it on the floor and they said there is no mechanism to monitor, they said the market is active, the market will react to itself.”
He said, “The government must ensure that, as the importers are not paying the duties, it reduces the price of the spare parts.”
Latest Stories
-
Ghana TVET service opens nationwide recruitment for teaching and non-teaching staff
57 seconds -
Ahafo Garages Association appeals for inclusion in National Apprenticeship Programme
4 minutes -
Why Ghana must reform the BECE for the 21st century
5 minutes -
Third British national has suspected hantavirus infection, government says
6 minutes -
Meet Samuel Donkor, the ‘one-man teacher’ handling 12 classes at Kakpeni District Assembly School
40 minutes -
SSNIT must ‘bow in shame’ over exorbitant Pentagon hostel charges at UG— Acting Rent Commissioner
46 minutes -
EmPeraw unveils emotional new EP OLD VIBRATIONS
1 hour -
UKGCC, AmCham strike a chord for charity at international jazz day commemoration
1 hour -
Illegal fishing practices threaten public health—Minister warns
1 hour -
Bawumia unites former rivals to drive NPP policy reform agenda
1 hour -
60-year old father arrested for dragging his son with a Quad Bike at North Legon
2 hours -
BoG Governor pushes for real fintech deployment beyond Sandboxes
2 hours -
Burkina Faso junta accused of secretly detaining journalist and dozens of others, RSF report finds
2 hours -
Today’s Front pages: Friday, May 8, 2026
2 hours -
The Damang Gold and the Economy of Ghana: State Ownership versus Ibrahim Mahama’s E&P
3 hours