Skip to main content

E-Levy To Be Reviewed from 1.5% to 1% Ken Ofori-Atta 2023 Budget Statement Presentation in Parliament.

E-Levy To Be Reviewed from 1.5% to 1% Ken Ofori-Atta 2023 Budget Statement Presentation in Parliament.

The Mnister of Finance, Mr Ken Ofori-Atta, today Thursday 24th November, 2022 among other economic strategies to redeem the country from its current economic situation has today presented the 2023 budget statement in Parliament.

Some of the key highlights include increase of 2.5% VAT while E-Levy rate will be reviewed from 1.5% to 1% with other thresholds.

To reduce heavy dependence on import products which gives tremendous pressure on the Ghana cedi, import products will be heavily taxed to enable the patronage of the locally made products.

Adding that, under the government's initiative of one-District-one-factory, a number of 296 projects have been completed and are on the various stages of implementation whiles 143 are under construction and 27 are in the pipeline.

Government will partner with the Graphic Communcation Group to produce locally made papers with the raw material coming from Asotwire.

Youstart job and skill project has been launch nationally as well as the district levels has also been launched to help the youth in the country under 40 years in job creation.


Source: Alrich24newsgh.com

Labels:

Comments

Post a Comment

Popular posts from this blog

BEREKUM TRADITIONAL COUNCIL ACCEPT EIGHT GAZETTED CHIEFS

EIGHT (8) CHIEFS OF BEREKUM TRADITIONAL AREA GAZETTED AS DIVISIONAL CHIEFS IN BEREKUM TRADITIONAL COUNCIL. A number of eight (8) Chiefs in the Berekum Traditional Area have performed their oaths of secrecy to be gazetted as the divisional chiefs of Berekum Traditional Council. The chiefs, numbering 8, got their titles as "Osaberima" to be added to their traditional and rulership names. A high court judge, Justice Baayeh, on the 6th day of November 2018, led the chiefs to sworn in the oaths of secrecy before a certificates of recognition was issued to the chiefs as a divisional chiefs. The gazetted 8 chiefs has been granted the opportunity and right to be part of any sittings of the traditional council and by so doing, all the 8 chiefs have been approved by the government of Ghana to be part of the judicial committee of the Berekum Traditional Council. The gazetted chiefs are Osaberima Kwabena Diawuo Owusu II, the Katohene and Werempehene of Berekum, Osaberima Yeboah Dart...
1 comment
Read more

25-Year-Old Young Man Electrocuted in Berekum.

25-Year-Old Young Man Electrocuted in Berekum . A suspected thief by the name Oboshie in his 25 years has been electrocuted at Berekum Nyamebekyere in the Berekum East Municipal of the Bono region . According to eye-witnesses, the suspected thief's lifeless body was found on the food vendor metal container as he attempted to steal from the container of the vendor who operates in a metal container. His death attracted a crowd of the Berekum people to the scene on the street of Nyamebekyere as everyone wants to catch a glimpse of the deceased over the incident of frequent robbery attacks and stealing in the Municipality. The residents have called on the youth to desists from such criminal acts to avoid this kind of death. The Assembly Woman for Berekum Nyamebekyere Electoral Area Hon. Veronica Benewaa explained that, the reports of household stealing has been too much in Berekum therefore advised the youth to stop such an attitude. Some of the residents also shared their feelin...
Post a Comment
Read more

Ghana Armed Forces Helicopter Crash Claims the Life of Some 5 Government Officials and 3 Others.

Ghana Armed Forces Helicopter Crash Claims the Life of Some 5 Government Officials and 3 Others. It has been confirmed by the Chief of Staff Hon. Julius Debra at the Presidency the death of government officials who were on board a military helicopter crash today Wednesday 6th August, 2025 at Adansi Akrofuom. Dr Edward Kofi Omane Boamah, Minister of Defense. MP Alhaji Ibrahim Murtala, Minister of Environment, Science and Technology  Dr. Samuel Sarpong, NDC National Vice Chairman. The death of the 8 people included the Defense Minister, Hon. Edward Kofi Omane Boamah, Alhaji Dr. Ibrahim Murtala Mohammed MP, Minister of Environment Science and Technology, Alhaji Manure Mohammed, Acting Deputy National Security Coordinator, Dr Samuel Sarpong, NDC Vice Chairman, Mr Samuel Aboagy former Parliamentary candidate, Squadron leader Peter Befemi Anala, Flying Officer Mannen Twum Ampadu and Sergeant Ernest Add Mensah. All flags has been ordered to fly at half-mast in honour of the victims. Ghana...
Post a Comment
Read more