\n
The Majority Caucus in\u00a0Parliament\u00a0Thursday accused the National Democratic Congress Minority Caucus of attempting to sabotage Ghana\u2019s economic growth through the Caucus\u2019s persistent opposition to some tax waivers currently under consideration by the House.<\/p>\n
As a result, the Majority Caucus has called on the Minority Caucus to support the government to grow the country\u2019s economy.<\/p>\n
The Majority Caucus call was necessitated when the Minority Caucus rejected a $350 million tax waiver request for some 42 companies under the One District One Factory initiative (1D1F) of the government.<\/p>\n
The Minority through its leader, Dr\u00a0Cassiel Ato Forson\u00a0on Friday, May 17 during the recall of the House questioned the basis for such waivers when the government was in dire need of funds because of the economic crisis.<\/p>\n
MAlexander Afenyo-Markin, addressing the\u00a0Parliamentary Press Corps in\u00a0Parliament\u00a0on Thursday, said: \u201cThe Minority leader, Dr Ato Forson is leading that charge on behalf of the minority NDC in\u00a0Parliament, and their main aim is to obstruct government business and to deny the people of Ghana the needed economic growth, which will result from businesses investing in the country and expanding their businesses.\u201d<\/p>\n
He revealed that there were up to $400 million worth of tax waiver requests that had been pending at the Finance Committee for over three years, entangled in a political stalemate.<\/p>\n
\u201cHowever, the National Democratic Congress (NDC) has vowed to block these requests at every turn, and they are being hypocritical,\u201d he said.<\/p>\n
Mr Afenyo-Markin alleged that the NDC government, led by former President John Dramani Mahama, had granted Members of\u00a0Parliament\u00a0(MPs) more than $800 million in tax waivers during their tenure.<\/p>\n
\u201cBut we know that in 2016, this country experienced the most outrageous tax giveaway we\u2019ve ever seen in Ghana when the NDC led by President John Mahama handed a tax waiver of $832 million to Meridian Port Services. At the time, the NDC government applied for a tax waiver of $982 million for the port project,\u201d he said.<\/p>\n
Source:\u00a0<\/strong>GNA<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The Majority Caucus in\u00a0Parliament\u00a0Thursday accused the National Democratic Congress Minority Caucus of attempting to sabotage Ghana\u2019s economic growth through the Caucus\u2019s persistent opposition to some tax waivers currently under consideration by the House. As a result, the Majority Caucus has called on the Minority Caucus to support the government to grow the country\u2019s economy. The […]<\/p>\n","protected":false},"author":1,"featured_media":185387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-185386","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
Majority urges Minority to support government to grow domestic economy \u2013 - 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\/05\/31\/majority-urges-minority-to-support-government-to-grow-domestic-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Majority urges Minority to support government to grow domestic economy \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Majority Caucus in\u00a0Parliament\u00a0Thursday accused the National Democratic Congress Minority Caucus of attempting to sabotage Ghana\u2019s economic growth through the Caucus\u2019s persistent opposition to some tax waivers currently under consideration by the House. 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