Parliament has passed the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, the Ghana Revenue Authority Bill 2022 and the Income Tax Amendment Bill 2022.
According to the government, these bills would help it generate about 4 billion Ghana Cedis annually as part of domestic revenue mobilisation.
It has also explained that the bills will help Ghana get the approval of its request for a bailout from the International Monetary Fund.
Finance Minister Ken Ofori-Atta had admonished MPs to support the approval in the interest of the nation.
Speaking at a forum in Accra on Thursday March 30, he said “Our Parliament, in the national interest, will pass these bills before the close of the week and it will not be seen as disloyalty to anyone party. So if I may be permitted to use the word fellow Ghanaians, we are a blessed nation…I am more convinced now than ever that we are a blessed nation.
“A week ago I was in China to meet their Finance Minister and various institutions about support for an IMF programme and the Lord certainly went ahead of us.
“Ghana is a big country, the Minister of Finance is a big man but the Minister of Finance of China gave us the Ghana delegation almost an hour and a half conversation. Not only did he do that he also called the chairman of the Exim Bank of China to join him to talk through these ways in which they can facilitate to make sure we get our IMF transaction.
“So indeed America is ready for us, we saw Kamala Harris here, Germany has been here, the Europeans are behind us, the Fund is behind us. It is left with our Parliament. It can’t be that we shoot ourselves in the foot. Let us rally behind our Parliamentarians.”
By: Rainbowadioonline.com/Ghana