dealGovernor of the Bank of Ghana, Dr. Ernest Addison, has appealed to Parliament to pass the three tax laws before the end of April for the IMF Executive Board to consider Ghana for support.
Addressing a press conference, he said the approval was crucial, hence the need for the MPs to consider it.
The bills are the Income Tax (Amendment) Bill, Excise Duty and Excise Tax Stamp (Amendment) Bill as well as the Growth and Sustainability Levy Bill.
“The official creditors met last week, they are looking at a date in April, by which time they expect to give the necessary financial assurances. And once that is out of the way, once we have signed this Memorandum of Understanding (MoU), once Parliament has passed these new revenue measures, we would have completed what they call the trial action”.
Dr. Addision added, “this is what is needed for the fund to set a date for the executive board meeting. So hopefully if things go as planned, by the end of April, we should see that executive board meeting taking place”.
By: Rainbowradioonline.com/Ghana
