Ghana’s Finance Minister, Ken Ofori-Atta, will today, Thursday, address Ghanaians on decisions taken by the government to address recent economic challenges facing the country. Ken Ofori-Atta is expected to give details of decisions taken at the three-day Cabinet retreat at Peduase over the weekend. Press briefing …
Read More »‘Whoever Took The Decision To Stop Road Toll Has Caused Financial Loss To The State’ – Prof. Lord Mensah
An Economist with the University of Ghana Business School, Prof. Lord Mensah has suggested that whoever effected the abolishment of road toll collection in the country, must be surcharged with the revenue loss to the state. He said the person responsible has caused financial loss to the State. “We know …
Read More »Prof. Piesie To Ofori-Atta: Declare The Outcome Of The Town Hall Meetings On E-Levy Publicly
The finance minister, Ken Ofori-Atta, after the 2022 budget reading has been on the hot seat as a result of the inclusion of an electronic transaction levy that seeks to tax Ghanaians who transact businesses electronically. The ministry of information in collaboration with the ministry of finance has …
Read More »We Are Not Going Back To The IMF – Finance Minister Insists
Finance Minister, Ken Ofori Atta has insisted that Ghana would not return to the International Monetary Fund (IMF) for support in order to deal with the challenges that the local economy is going through at the moment. Speaking at the 3rd Townhall meeting on the E-levy on Thursday February …
Read More »Ken Ofori-Atta To Withdraw E-Levy From Parliament
The Finance Minister, Ken Ofori-Atta has given indication to Parliament that the Electronic Transaction Levy Bill may be withdrawn by Friday 11 February. The bill is expected to be reintroduced on Tuesday 15 February 2022 for consideration, official communication from Parliament said. According to the business committee of Parliament, the …
Read More »Tell Your MPs To Pass E-levy; Hold Me Accountable – Finance Minister
The Finance Minister, Ken Ofori-Atta, has asked Ghanaians to “convince” their Members of Parliament (MPs) to pass the Electronic Transactions Levy (E-Levy) Bill and hold him accountable for all revenues and expenses. The Minister reiterated that the time had come for the citizenry to “burden share” in the development of …
Read More »Returning To IMF Disastrous, Says Ofori-Atta
The Minister for Finance, Ken Ofori-Atta says returning to the International Money Fund (IMF) will not auger well for the country. Speaking at the government’s town hall meeting to discuss the E-Levy on Thursday (27 January), the minister said the passage of the E-Levy will prevent the country …
Read More »Ken Ofori-Atta: E-Levy Not The Most Egregious Tax
The Minister for Finance,Ken Ofori-Atta says the introduction of the E-Levy by the NPP government is not the most egregious tax ever to be passed in this country. Ofori-Atta said the introduction of the E-Levy has been necessitated by the country’s quest to develop using its own resources and not …
Read More »Finance Minister: ‘The Entire Government Will Have To Shut Down If Budget Is Not Approved’
Finance Minister, Ken Ofori-Atta has expressed concern about the possibility of a shut down of government operations if the 2022 Budget is not approved by Parliament. Addressing the press on Monday, Ken Ofori-Atta explained that if the 2022 Budget is not approved, the consequences could be dire. “The full consequences …
Read More »Ofori Atta: E-levy Is Still 1.75%, It Has Not Reduced To 1.5%
The Finance Minister , Ken Ofori Atta, has said that the proposed E-levy in the 2022 budget statement has not changed. He said at a press conference in Accra on Monday December 6 that the proposal is still at 1.75 per cent. “On the matter of the E-levy, having regard …
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