Ghana Parliament To Reconvene On June 11

On Tuesday, June 11, 2024, the Parliament will reconvene after its recess.

This was announced in a statement issued by the Speaker of Parliament, Alban Bagbin, on Monday, May 27.

According to the release, the Speaker is exercising his authority to reconvene the house under Order 58 of the standing orders of Parliament.

“Pursuant to Order 58 of the standing orders of the Parliament of Ghana, I, Alban Sumana Kingsford Bagbin, Speaker of Parliament, hereby give notice that the third meeting of the fourth session of the eighth Parliament of the Fourth Republic shall commence on Tuesday, the 11th day of June 2024 at ten o’clock in the forenoon at Parliament House, Accra.”

 

 

One of the primary issues on the agenda will be the government’s proposal to secure approximately $335,072,712.13 in tax exemptions for 42 companies participating under the One District One Factory initiative.

The Exemptions Act, 2022 (Act 1083), which facilitates these tax breaks, was originally presented to Parliament by the former Minister for Finance, Ken Ofori-Atta, in 2022.

This Act aims to support the government’s industrialisation efforts by providing financial relief to companies involved in the initiative.

The resumption of Parliament will see members deliberating on this critical issue, among others, as they assess the potential impact of these tax exemptions on the national economy.

 

 

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