Govt has used revenue prudently but needs more—Oppong-Nkrumah

 Mr Oppong-Nkrumah

Mr Oppong-Nkrumah

Deputy Minister of Information, Kojo Oppong-Nkrumah has maintained that the Akufo-Addo-led administration will only resort to appropriate and efficient methods in ensuring that revenue mobilisation methods are met.

He stressed that government in consultation with the Economic Management Team and Cabinet would rely on information and decisions reached by the economic management stakeholders on the current revenue measures and its results on the economy.

Mr Oppong-Nkrumah explained that government despite not meeting its revenue targets made some significant gains hence does not need to add up more taxes to the citizenry.

Instead, he pointed out that the government would look at other avenues such as recouping the about nine per cent of Gross Domestic Product (GDP) lost in taxes.

Mr Oppong-Nkrumah, who is the Member of Parliament (MP) for Ofoase Ayirebi, indicated that government has officially not announced any increments in the current tax regimes and as such people should disregard speculations making rounds that government is seeking to introduce or raise taxes.

He, however, assured that government through the Finance Minister on Thursday, July 19 will make some very firm pronouncements which will be of great relief to citizens of this country.

“The Akufo-Addo government is a listening government and hence will not do anything to bring hardship on the Ghanaian citizenry,” he affirmed.

It will be recalled that earlier this month, the Minority in Parliament expressed concerns about government seeking to increase and introduce new taxes.

Mr Oppong-Nkrumah reaffirmed that government’s decision would only tighten revenue measures to ensure that it delivered on its promises to the people. –ghanaweb.com

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