Audio By Carbonatix
Parliament will consider a wide range of economic and financial sector legislation as it resumes work, the Majority Leader, Mahama Ayariga, has announced.
He said the proposed bills were aimed at consolidating recent gains, strengthening institutions, and creating a more competitive business environment.
Among the key bills before the House are the Ghana Cocoa Board (Amendment) Bill, the Ghana Investment Promotion Authority Bill, and the Ghana Deposit Protection (Amendment) Bill, which seeks to align Ghana’s deposit protection framework with international standards.
Mr Ayariga also mentioned the Exemptions (Amendment) Bill, 2026, and the Income Tax (Amendment) Bill, 2026.
“These bills are not just technical exercises,” the Majority Leader said.
“They are about improving confidence in our financial system, protecting depositors, and ensuring that our tax regime supports growth rather than stifling it.”
He added that the Extractive Industry Fiscal Reforms Bill would modernise the sector and ensure that mineral wealth benefited local communities.
Mr Ayariga also highlighted ongoing VAT reforms, including the abolition of the COVID-19 Health Recovery Levy and the reduction of the effective VAT rate.
He said these measures would lower the cost of doing business and ease the burden on households. “We are deliberately shifting from crisis management to growth-oriented reforms,” he noted.
He urged Members on both sides of the House to approach the consideration of the bills with a sense of national responsibility.
“Differences of opinion enrich our democracy, but division must never obstruct national progress,” he said, calling for constructive debate anchored in solutions rather than stalemate.
Latest Stories
-
War criminal Mladic close to death, say lawyers asking judge for jail release
10 minutes -
BoG’s performance should be judged by mandate, not balance sheet – Cudjoe Kuagbedzi
17 minutes -
Dorcas Affo-Toffey leads delegation to China on transport modernisation drive
28 minutes -
May Day: Lands and Mines Watch Ghana demands safer conditions, fair wages for workers
36 minutes -
Brazil’s Congress approves plan to drastically cut Bolsonaro’s jail term
46 minutes -
8 NPP members seek court injunction to halt Tarkwa-Nsuaem polling station elections amid deepening internal dispute
48 minutes -
Israeli police arrest man after nun attacked in Jerusalem
52 minutes -
Central banks, like governments, pay the price to stabilise the economy
55 minutes -
BoG losses amount to wealth transfer to banks – Gideon Boako
57 minutes -
The Real Greek restaurant chain on brink of collapse
1 hour -
Injuries denied me my full potential – Former Ghana defender Daniel Opare
1 hour -
Kpandai: Man lynched following witchcraft accusation
1 hour -
Prince Adu-Owusu: The love that never had a chance
1 hour -
AnimaxFYB Studios to debut feature animation ‘ORAYA’ at Cannes market
1 hour -
May Day Egg Sale draws crowds to Joy FM car park with big discounts
2 hours