• About Us
  • Privacy Policy
  • Contact Us
Sunday, June 15, 2025
MyPublisher24
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions
No Result
View All Result
Morning News
No Result
View All Result
Home News

We need to share the burden and recover – Gov’t

Osumanu Al-Hassan by Osumanu Al-Hassan
March 16, 2021
in News
0
Marriage ceremonies  are not banned – Oppong Nkrumah
0
SHARES
21
VIEWS
Share on FacebookShare on TwitterWhatsapp

Government has indicated that for its post-COVID-19 economy recovery plan to succeed, it needs adequate support from Ghanaians. 

Minister for Information, Kojo Oppong Nkrumah made the appeal on Joynews’s PM express program on Monday 15th March 2021 while contributing to a discussion on the 2021 Budget Statement.

READ ALSO

Zoomlion clarifies end of YEA contract

ActionAid Ghana makes strides in combating child marriage

According to him, the introduction of fresh tax measures by government is creative and necessary to revamp and salvage the economy from the claws of the coronavirus pandemic. 

“It is fair for people to focus on tax measures and ask questions about it. But this budget does not only introduce these revenue measures. The revenue measures are necessary because we are at a fiscal deficit of 11 to almost 12%. Debt to GDP is around 70%, in nominal terms 291 billion cedis. 

“The option any government will have under these circumstances is to find creative ways of raising revenue and gradually bring back the debt and deficit to a more responsible position. There are a multiplicity of reasons for which we are here. Key among them is the COVID challenges that we are in now. If you look at what COVID has done, it has moved us from 5% to 11% and extra 6% of GDP,” he said. 

Government through the 2021 budget statement and economic policy proposed new taxes on petroleum products, 1% COVID-19 Health Levy on VAT Flat Rate Scheme and 1% on the National Health Insurance Levy (NHIL) as part of revenue measures to help the economy recover from the effects of the global pandemic. 

However, responding to the proposed new taxes, the Minister explained that it is to help the country recover from the setback and get the economy back to its previous state. He said for government to be able to succeed in its plan to recover the economy, it needs adequate buy-in from Ghanaians. 

“So we cannot escape the fact that we have to share the burden at this point in time. The real focus for me is that we gather around holding government accountable for using the money for that which it claims it is going to use it for. If you are going to increase road tolls, if all of us are going to see an improvement in the road conditions, the road contractors are been paid, they are finishing the road projects on which they are, I am not sure we will worry as much as we worry today,” he added.

Source: mypublisher24.com

Related Posts

Zoomlion, YEA, contract,
Main

Zoomlion clarifies end of YEA contract

June 15, 2025
acitionaid ghana
News

ActionAid Ghana makes strides in combating child marriage

June 15, 2025
John Abdulai,Isareal-Iran,d-levy
Main

Israel-Iran conflict cause of D-levy suspension – Energy Ministry

June 15, 2025
Western Region,galamsey,
Health

Minister admits 12 out of 14 districts suffering from galamsey

June 15, 2025
Sam George,ICT,Volta Region,
News

Sam George tours ICT Training centres

June 15, 2025
FIFA Club World Cup
News

Messi’s Inter Miami held by Al Ahly at FIFA Club World Cup

June 15, 2025
Next Post
Razak Kojo Opoku Writes: Rebranding for national acceptance ahead of 2024

Razak Kojo Opoku Writes: President Akufo-Addo Has Genuine and Good Intentions for the Agyapa Deal

POPULAR NEWS

Lighthouse chapel

Lighthouse Chapel Case: 6 Ex-Pastors Demand $12 Million Settlement

April 30, 2023
aircraft

Light House Brouhaha: Kofi Bentil Exposed Over $12M Settlement Deal

April 24, 2023
SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

SSNIT Exonerates Lighthouse; Six Renegade EX-Pastors Shamed

April 24, 2023
Kwaku Azar writes: Until a prima facie case is established

Akufo-Addo Nominates Gertrude Torkornoo As New Chief Justice

June 12, 2025
Lighthouse Brouhaha: Larry Odonkor charged with Stealing

Lighthouse Brouhaha: Larry Odonkor charged with Stealing

April 24, 2023

EDITOR'S PICK

Lands Ministry Probe claims that late Sir John gifted portions of Achimota Forest to relatives

Lands Ministry Probe claims that late Sir John gifted portions of Achimota Forest to relatives

May 23, 2022
new taxes, leader, of ambush, Minority leader, Ato Forson, banking sector challenges,

Ato Forson warns Majority: We’ll not conduct gov’t business for you, stop the campaign and return to Parliament

July 19, 2023
Sunyani Regional Hospital

Gov’t upgrades Sunyani Regional Hospital into Teaching Hospital status

November 20, 2023
‘God is alive’ – Shatta Wale speaks out

Let’s praise Sarkodie for featuring a ghost – Shatta Wale on Bob Marley feature

January 21, 2023

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Important Links

  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

Recent Posts

  • Zoomlion clarifies end of YEA contract
  • Afenyo-Markin challenges Deputy Speaker’s ruling: Says sub judice rule was misapplied
  • ActionAid Ghana makes strides in combating child marriage
  • Israel-Iran conflict cause of D-levy suspension – Energy Ministry

Archives

  • About
  • Privacy Policy
  • Terms of Use

© 2025 mypublisher24 - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Politics
  • Sports
  • Crime
  • Health
  • World News
  • Features & Opinions

© 2025 mypublisher24 - All rights reserved.