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.

GhanaFeed.com

This website uses cookies.

Read More