Problem for illegal importers | New Business 2019-04-08

Company News of Monday, April 8, 2019

Source: dailyguideafrica.com

2019-04-08

Dr. Gideon Boako, spokesman for Vice President Dr. Mahamudu Bawumia, revealed that the government will soon curb the activities of illegal importers throughout the country as part of measures to increase incomes.

Some importers smuggle goods from neighboring countries through unapproved points of entry, depriving the state of enormous sums for the country's development.

S addressing UTV, he warned importers involved in criminal acts, including truck drivers and their agents, to give up this practice in order to avoid lawsuits.

In Wednesday's plenary session, Vice President Mahamudu Bawumia and chairman of the Economic Management Team (EMT), said that the benchmark value of import duties had been reduced by 50%, while that of vehicles would benefit from a reduction of 30%.

According to Boako, the recent reduction in import duties should encourage illegal importers to channel their products to the most appropriate channels to ensure effective revenue mobilization for national progress.

"The government's decision to cut taxes while putting in place measures to raise more revenue at the national level shows how much the government is willing to address the financial challenges, so any attempt to thwart the government's efforts will have to be met. strong resistance, "he added.

Mr. Gideon Boako explained that reducing the value of the reference imports is important and will lead to long-term returns, adding that importers should ensure that this reduction also affects the lives of ordinary Ghanaians.

He explained that the Vice President, Mr. Bawumia, and the Economic Management Team, after a thorough investigation into the concerns raised by importers and Ghanaians about high import duties, had taken measures to help Ghanaian importers.

"This alludes to the fact that the Akufo-Addo administration is a government that is always listening to the interests of Ghanaians."