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Bawumia promises flat rate import duties in cedi, tax amnesty for Ghanaians from 2025

 

 

By: Isaac Amoah/tntnewspapergh.com

The Vice-President of Ghana and Flagbearer of the governing New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has reiterated his promise to implement a flat rate tax policy and flat rate import duties in cedi if given the mandate to become the next President of Ghana.

According to him, if he wins the December 7 presidential election, he will grant individuals and companies tax amnesty to ensure smooth implementation of the flat rate tax system…

Dr.Mahamudu Bawumia

“I’m committed to implementing flat rate tax system and flat rate import duties system. I also intend to move Ghana from a cash-based economy to a credit-based economy,” he emphasised.

He explained that this would be based on a credit-scoring system Ghana is about to implement.

He noted that the credit-scoring system was not working because of lack of a reliable data but, fortunately, as a result of the implementation of the Ghana card system, in the next couple of months, the implementation of individuals credit score system would commence.

The flagbearer of the governing NPP announced these during his separate engagements with nananom, the clergy, Muslim leaders and professional associations in the Ashanti Region.

He said in sub-Saharan Africa, it is only South Africa that is implementing a credit-scoring system.

He stressed that he was going to focus more on digitalization in the following areas: land registration system, modernization of agriculture to empower farmers and create jobs, regulation of illegal mining, enhancing a private sector driven economy to help reduce government expenditure by three per cent, fighting against corruption through digitalisation, training of one million people in digitalisation, among other policies.

Dr. Bawumia said he would also focus more on rail transportation due to its economic importance.

With regard to the educational sector, the NPP flagbearer said no country could develop without investment in education, hence the decision of the Akufo-Addo administration to implement the Free Senior High School (SHS) policy.

He revealed that before NPP took over power in 2016, the school enrolment at the SHS level stood at 800,000 and as of the end of 2023, the number had increased to 1.4 million.

Apart from that, the government has invested about 6 billion cedis in TVET education, STEM programmes, among other interventions.

He said when given the nod as President, he would build upon the solid foundation that had been laid.

According to him, the results of WAEC and the enrolment of girls have been very encouraging.

Dr. Bawumia announced that before the end of this year, E-gate would be implemented at airports.

He continued, “I believe that in my position as a vice-president, we have done a lot. We (NPP) have outperformed the NDC government. In fact, NDC is not even our standard but the developed countries.”

He said to help reduce the cost of energy, he had decided to implement
solar power generation…to reduce the cost of energy consumption.

In conclusion, Dr. Bawumia urged Ghanaians to have confidence in him and vote massively for him in the December 7 general election.

“I’m contesting to be the next president of Ghana and
most people say I have been an impactful vice-president, so once I have passed vice-president class, promote me to become the next President of Ghana!

“I have the commitment to fight corruption. I have presented a compelling vision to implement to ensure accelerated development…I will be more accountable as a president so that I can come back to you for a second term in office.
My main opponent is looking for four years and he says he will go for a honeymoon and after that you’ll not see him again to make any account,” he said.

“The world is going to a digital age; I’m the best person to take Ghana to the promised land,” he added.

Bawumia promises flat rate import duties in cedi, tax amnesty for Ghanaians from 2025

 

 

By: Isaac Amoah/tntnewspapergh.com

The Vice-President of Ghana and Flagbearer of the governing New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has reiterated his promise to implement a flat rate tax policy and flat rate import duties in cedi if given the mandate to become the next President of Ghana.

According to him, if he wins the December 7 presidential election, he will grant individuals and companies tax amnesty to ensure smooth implementation of the flat rate tax system…

Dr.Mahamudu Bawumia

“I’m committed to implementing flat rate tax system and flat rate import duties system. I also intend to move Ghana from a cash-based economy to a credit-based economy,” he emphasised.

He explained that this would be based on a credit-scoring system Ghana is about to implement.

He noted that the credit-scoring system was not working because of lack of a reliable data but, fortunately, as a result of the implementation of the Ghana card system, in the next couple of months, the implementation of individuals credit score system would commence.

The flagbearer of the governing NPP announced these during his separate engagements with nananom, the clergy, Muslim leaders and professional associations in the Ashanti Region.

He said in sub-Saharan Africa, it is only South Africa that is implementing a credit-scoring system.

He stressed that he was going to focus more on digitalization in the following areas: land registration system, modernization of agriculture to empower farmers and create jobs, regulation of illegal mining, enhancing a private sector driven economy to help reduce government expenditure by three per cent, fighting against corruption through digitalisation, training of one million people in digitalisation, among other policies.

Dr. Bawumia said he would also focus more on rail transportation due to its economic importance.

With regard to the educational sector, the NPP flagbearer said no country could develop without investment in education, hence the decision of the Akufo-Addo administration to implement the Free Senior High School (SHS) policy.

He revealed that before NPP took over power in 2016, the school enrolment at the SHS level stood at 800,000 and as of the end of 2023, the number had increased to 1.4 million.

Apart from that, the government has invested about 6 billion cedis in TVET education, STEM programmes, among other interventions.

He said when given the nod as President, he would build upon the solid foundation that had been laid.

According to him, the results of WAEC and the enrolment of girls have been very encouraging.

Dr. Bawumia announced that before the end of this year, E-gate would be implemented at airports.

He continued, “I believe that in my position as a vice-president, we have done a lot. We (NPP) have outperformed the NDC government. In fact, NDC is not even our standard but the developed countries.”

He said to help reduce the cost of energy, he had decided to implement
solar power generation…to reduce the cost of energy consumption.

In conclusion, Dr. Bawumia urged Ghanaians to have confidence in him and vote massively for him in the December 7 general election.

“I’m contesting to be the next president of Ghana and
most people say I have been an impactful vice-president, so once I have passed vice-president class, promote me to become the next President of Ghana!

“I have the commitment to fight corruption. I have presented a compelling vision to implement to ensure accelerated development…I will be more accountable as a president so that I can come back to you for a second term in office.
My main opponent is looking for four years and he says he will go for a honeymoon and after that you’ll not see him again to make any account,” he said.

“The world is going to a digital age; I’m the best person to take Ghana to the promised land,” he added.

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