Former President John Dramani Mahama believes that implementing VAT on electricity consumption would exacerbate the economic hardships faced by Ghanaians.
He has therefore supported the organized labour’s call for the government to reverse the Value Added Tax (VAT) on electricity.
Mr. Mahama announced a Facebook statement indicating a nearly 21% increase in tariffs, which would impact the prices of goods, services, and fares.
He urged the government to reconsider its decision and offer assistance to the citizens of Ghana.
“Implementing VAT on electricity consumption will increase tariffs by almost 21% and exacerbate the hardship on Ghanaians. This will affect the prices of goods, services, and transport fares.
I agree with organised labour that the government must reverse its decision to start collecting VAT on electricity consumption.”
According to him, the National Democratic Congress (NDC) is eager and ready to address Ghana’s economic challenges and provide substantial relief to Ghanaians upon assumption of office in January 2025.
He has promised to continue to engage the Ghanaian public about his vision to build the Ghana we want and how we will work together to create well-paying jobs through my 24-hour economy policy and other pragmatic initiatives.