{"id":743510,"date":"2019-11-13T10:44:04","date_gmt":"2019-11-13T10:44:04","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/13\/seth-terkper-reacts-to-no-new-taxes-in-2020-budget\/"},"modified":"2019-11-13T10:44:04","modified_gmt":"2019-11-13T10:44:04","slug":"seth-terkper-reacts-to-no-new-taxes-in-2020-budget","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/13\/seth-terkper-reacts-to-no-new-taxes-in-2020-budget\/","title":{"rendered":"Seth Terkper reacts to \u2018no new taxes\u2019 in 2020 budget"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"467\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/11\/download-Copy-5-696x467.jpg\"   alt=\"Former Finance Minister, Seth Terkper\" title=\"Former Finance Minister, Seth Terkper\"\/><figcaption class=\"wp-caption-text\">Former Finance Minister, Seth Terkper<\/figcaption><\/figure>\n<\/div>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"260px\" src=\"https:\/\/clip.afrad.io\/?clipId=o7KTyBfZhvSfGpZcP\" frameborder=\"0\"><\/iframe><\/p>\n<p>Former Finance Minister, Seth Terkper, has laughed<br \/>\noff government\u2019s announcement that, it will not introduce new taxes in this<br \/>\nyear\u2019s budget.<\/p>\n<p>According to Mr Terkper, the government, during the mid-year budget review increased taxes and therefore it was meaningless for the government to say it will not increase taxes.<\/p>\n<p><strong>ALSO: Finance Minister presents 2020 budget<\/strong><\/p>\n<p>\u201cThere are still temporary taxes since former president Kufuor\u2019s term, and I hear that there would be no new taxes. Of course you have already increased taxes from petroleum to other things and so coming to tell us that there will be no new taxes is meaningless\u201d he said.<\/p>\n<p><strong>ALSO: SEC to begin investment validation processes on Nov 18<\/strong><\/p>\n<p>The final budget statement and fiscal policy of the<br \/>\nAkufo-Addo-led administration will be delivered in Parliament today, Wednesday<br \/>\nNovember 13, 2019, by the Minister of Finance, Ken Ofori-Atta, ahead of 2020<br \/>\ngeneral elections.<\/p>\n<p>Election years have been marked by excess expenditure as the country tends to spend more during election years, hence missing its fiscal deficit targets.<\/p>\n<p><strong>ALSO: Banking cleanup: Go beyond talk; pay customers \u2013 Mahama to gov\u2019t<\/strong><\/p>\n<p>But speaking on Adom FMs morning show \u201c<strong>Dwaso Nsem<\/strong>\u201d Mr. Terkper, cast doubts on<br \/>\nclaims by the government that, the country\u2019s rebased fiscal deficit has been<br \/>\ntrimmed, calling on the government to come clean and a make full disclosure of<br \/>\nits total fiscal deficits and its impact on the economy.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former Finance Minister, Seth Terkper Former Finance Minister, Seth Terkper, has laughed off government\u2019s announcement that, it will not introduce new taxes in this year\u2019s budget. According to Mr Terkper, the government, during the mid-year budget review increased taxes and therefore it was meaningless for the government to say it will not increase taxes. ALSO: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":743511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-743510","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Seth Terkper reacts to \u2018no new taxes\u2019 in 2020 budget - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/11\/13\/seth-terkper-reacts-to-no-new-taxes-in-2020-budget\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Seth Terkper reacts to \u2018no new taxes\u2019 in 2020 budget - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Former Finance Minister, Seth Terkper Former Finance Minister, Seth Terkper, has laughed off government\u2019s announcement that, it will not introduce new taxes in this year\u2019s budget. According to Mr Terkper, the government, during the mid-year budget review increased taxes and therefore it was meaningless for the government to say it will not increase taxes. 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According to Mr Terkper, the government, during the mid-year budget review increased taxes and therefore it was meaningless for the government to say it will not increase taxes. 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