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Finance Minister, Ken Ofori Atta Finance Minister, Ken Ofori Atta

GUTA charges gov't to scrap 2% special levy, reduce cost of duties further

Written by  Nov 13, 2017
The Ghana Union Traders (GUTA), is advocating for the scrapping of the 2 percent special import levy on goods. The union has also lamented over the cost importers incur on their declaration forms at the ports. Speaking to Kwame Tutu on Rainbow Radio 87.5Fm, Executive Member, Benjamin Yeboah said invariably, the cost of importation is going between 47-50% of the total cost for the importer. He said although government can justify it, the cost to the importer is too high. The daily review of the dollar rate is so high and as importers, this is having serious impact on us, he complained.   The 2018 budget he said should have room for the issues he outlined so importers would be relieved. Finance Minister, Ken Ofori Atta will present the 2018 budget on Wednesday November, 15,2017. President Nana Addo Dankwa Akufo-Addo has hinted that the budget will largely focus on jobs as well as give room for the reduction in electricity tariffs. 
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