News
Ablakwa Proposes Nine-step Approach to Raise GHS6.9bn Without E-levy
The Member of Parliament for North Tongu has suggested nine steps the government can use to raise its projected GHS6.9billion without the introduction of the controversial e-levy.
According to Mr Ablakwa, these steps are clear alternatives to the “killer e-Levy if only President Akufo-Addo and his team would be sensitive to the plight of suffering Ghanaians and contain their appetite for profligacy”.
Posted on his Facebook timeline, the steps are as follows:
1) Take out GHS2billion from the GHS3.1billion allocated to the Office of Government Machinery;
2) Suspend the allocation to GAT and immediately GHS1billion becomes available for government;
3) Negotiate with IPPs and reduce their allocation from GHS4billion to GHS3billion;
4) Review the nebulous GhanaCARES programme and save another GHS1billion;
5) Cut the Contingency Vote down to GHS293,007,000 and free up some GHS700million;
6) Agenda 111 remains a knee-jerk utopia, pull the brakes and save GHS518million;
7) Slash by half the allocation to the National Security Ministry and gain some GHS400million;
8)Parliament should readily sacrifice some GHS200million from its GHS600million allocation;
9) Place on hold the hazy Mortgage Financing Scheme at the Ministry of Finance and save GHS100million.
“Put the above expenditure cuts together and government immediately raises a handsome GHS6.918billion which exceeds the e-Levy projections,” he added.
