{"id":164199,"date":"2024-03-21T17:57:28","date_gmt":"2024-03-21T17:57:28","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/03\/21\/oxfam-tax-dialogue-ghana-is-rich-but-poorly-managed\/"},"modified":"2024-03-21T17:57:28","modified_gmt":"2024-03-21T17:57:28","slug":"oxfam-tax-dialogue-ghana-is-rich-but-poorly-managed","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/03\/21\/oxfam-tax-dialogue-ghana-is-rich-but-poorly-managed\/","title":{"rendered":"Oxfam Tax Dialogue: Ghana is rich but poorly managed"},"content":{"rendered":"

<\/p>\n

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Geoffrey Ocansey, Tax Analyst and Executive Director of Revenue Mobilisation Africa, has asserted that Ghana is a wealthy country but poorly managed.<\/p>\n

During the Oxfam Tax Dialogue themed \u201cIs Ghana\u2019s Tax Regime Fit for Purpose?\u201d on Citi TV on Thursday, he told host Vivian Kai Lokko, \u201cWe are only a poorly managed country.\u201d<\/p>\n

He emphasised the necessity for the country to reduce expenditure and effectively manage its debts.<\/p>\n

Mr Ocansey also highlighted the need for the country to transition from mere rhetoric to concrete actions in the fight against corruption.<\/p>\n

He also described Ghana\u2019s tax system as equitable, acknowledging that the country has a fair tax system but emphasized the need to address deficiencies in tax collection and allocation processes to maximize revenue utilization.<\/p>\n

\u201cWe have an okay tax regime, to be fair. When you look at the number of tax handles that we have as a country, we have one of the most wonderful tax structures in Africa, but the problem has always been how we go on the field and apply what we have on paper.\u201d<\/p>\n

\u201cThe problem is how we put it in the kit and that is where we need to properly put the blame. My problem is, let us segregate the roles played in the collection channel so we know what the taxes are used for, because people complain that they do not see what their taxes are used for,\u201d he stated.<\/p>\n\n

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Geoffrey Ocansey, Tax Analyst and Executive Director of Revenue Mobilisation Africa, has asserted that Ghana is a wealthy country but poorly managed. During the Oxfam Tax Dialogue themed \u201cIs Ghana\u2019s Tax Regime Fit for Purpose?\u201d on Citi TV on Thursday, he told host Vivian Kai Lokko, \u201cWe are only a poorly managed country.\u201d He emphasised […]<\/p>\n","protected":false},"author":1,"featured_media":164200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-164199","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"\nOxfam Tax Dialogue: Ghana is rich but poorly managed - 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\/2024\/03\/21\/oxfam-tax-dialogue-ghana-is-rich-but-poorly-managed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oxfam Tax Dialogue: Ghana is rich but poorly managed - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Geoffrey Ocansey, Tax Analyst and Executive Director of Revenue Mobilisation Africa, has asserted that Ghana is a wealthy country but poorly managed. 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