Minority Leader, Dr. Cassiel Ato Forson, expressed dissatisfaction with the state of the economy as presented by Finance Minister, Dr. Mohammed Amin Adam during the 2024 Mid-Year Budget Review on Tuesday, July 2023.
According to Dr. Forson, none of the actions taken by the government have successfully reversed the troubling economic predicament of the country.
He criticised the introduction of new taxes, arguing that they have only exacerbated the woes of Ghanaians and made the country unattractive to investors.
The MP for Ajumako Enyan Essiam also voiced his dissatisfaction with the high import duties, which he claims have resulted in a significant reduction of traffic at the Tema port by about 50%.
Addressing journalists, the Minority Leader highlighted the high unemployment rate and the unbearable cost of living as key issues facing the country.
"The high import duties have cut traffic at the Tema port in half, and the cost of living is unbearable for many," he added.
To address these challenges, Dr. Forson suggested that the government should scrap what the Minority perceives as nuisance taxes, including the E-Levy and the Covid-19 levy, among others.
Latest Stories
-
Air India crash attributed to pilot seat malfunction
6 minutes -
GCAA and South Korea sign letter of intent to advance Ghana’s drone sector
6 minutes -
Republic Bank Ghana promises improved lending to customers, prospective home owners
11 minutes -
Ghana ranks among top 6 African economies in Intra-African trade – Afreximbank Report
22 minutes -
Allied Health Professions Council warns against unlicensed practice
22 minutes -
Energy Minister engages petroleum sector stakeholders on laycan concerns
33 minutes -
‘We played a great second half’ – Black Queens coach on friendly against Benin
35 minutes -
Yara Ghana deepens commitment to women in agribusiness
37 minutes -
Afreximbank has been a pillar in Ghana’s economic journey – Deputy Finance Minister
41 minutes -
‘I will die a teacher’ – Okyeame Kwame on his true calling
43 minutes -
From neurodivergent child to PhD candidate – Okyeame Kwame’s triumph over dyslexia
49 minutes -
73% of consumers believe foreign goods prices to drop significantly but not same for domestic goods – Maverick Research
53 minutes -
Halt electricity tariff hikes immediately! – Awal Mohammed to government
1 hour -
CJ probe: Human rights can’t be sacrificed under Article 146 – Former Deputy AG
1 hour -
‘Intelligent, elegant, African’ – Okyeame Kwame on embracing authentic branding
1 hour