A Development Economist at the Centre for Social Policy of the University of Ghana, Dr Kojo Poku says he expects the government to adopt unconventional taxation in the mid-year budget review.
Speaking on JoyNews' PM Express, he said when unconditional taxation is adopted, it will help raise money to help the country’s economy advance.
“I think this is a difficult period to be a Finance Minister but I expect that given this mid-year review, the government should adopt unconventional taxation to raise more money and also finance from the Central bank," he said.
He also suggested that finance must be sought from the central bank as means of increasing the revenue and creating employment.
"I think this is a way to go to increase its revenue and also borrow from the central bank in order to create employment for the people,” he said.
On his part, Member of the Finance Committee of Parliament and MP of Nhyiaeso Constituency, Stephen Amoah also called for more pragmatic steps to ensure that more jobs are created in a short term.
This, he said when considered, would help mitigate the impact of unemployment’s in the country as well help manage the pro-poor policies.
He added that to ensure that government provides a resilient and sustainable economy, a long term programme should also be factored in the budget.
Latest Stories
-
It won’t be business as usual, remain humble – Fifi Kwetey to party members
25 minutes -
Ebenezer Ahumah Djietror appointed as new Clerk to Parliament
1 hour -
Actress Benyiwaa of ‘Efiewura’ TV series dead
2 hours -
Ashanti Regional Chief Imam dies at age 74
2 hours -
Africa Arts Network calls for tax reform to save Ghana’s theatre industry
2 hours -
SSTN Ghana Chapter reaffirms commitment to economic growth under new leadership
2 hours -
Inlaks strengthens leadership team with key appointments to drive growth across sub-Saharan Africa
3 hours -
Green Financing: What Ghana’s Eco-startups need to know
3 hours -
CHAN Qualifiers: Amoah confident of beating Nigeria
3 hours -
Governments deprioritising health spending – WHO
4 hours -
Lordina Foundation brings Christmas joy to orphans
4 hours -
Yvonne Chaka Chaka to headline ‘The African Festival’ this December
4 hours -
Nigerian man promised pardon after 10 years on death row for stealing hens
4 hours -
Patrick Atangana Fouda: A Hero in the fight against HIV passes away
4 hours -
MGA Foundation deepens support for Potter’s Village
4 hours