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My attempt to generate revenue without depending on external loans being opposed-Prez

February 2, 2022

President Akufo-Addo has accused the National Democratic Congress (NDC) of resisting his attempt in generating domestic revenue for development.

He said the NDC and other nonpolitical personalities are against the E-levy despite its purpose to help raise revenue.

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The president in his comments stated that he was prepared to generate revenue for the country’s development without falling on loans from external bodies.

However, my effort has been met with opposition, he lamented.

President Akufo-Addo made the remarks in address to traditional leaders from Dzodze in the Volta region on Tuesday, 1st February 2022.

“Revenues during 2020/2021 went down considerably because of the slowing down of the economic activities that came from the COVID-19. At the same time, government, in order to keep the country going, did incur some expenditures on the free water, the free electricity.

“These were the unavoidable expenses that government had to make.”

“These are the efforts that we are now making which are being resisted by the opposition but we will try and close the gap. That is the reason it has become necessary for us to use these measures like this famous tax which has caused so much unnecessary, in my view disputation; nevertheless, we would continue.”

“I am determined to persevere to make sure we find the means to address some of these issues.

“These are the efforts that we are now making which have been being resisted by the opposition as we try and close the gap. It is necessary for us to do so because that is the only way which some of these matters can be addressed.

“We ourselves have to find the money for our development and that is the reason why it has become necessary for us to use these measures like this famous tax which has caused so much unnecessary, in my view, disputation; nevertheless, we would continue,” he added.

By: Rainbowradioonline.com/Ghana

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