Former finance minister calls on Ghanaians to prepare for more difficulties



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– Fiifi Kwetey, former deputy finance minister, asked Ghanaians to look forward to more difficulties in the years to come

– According to him, some taxes introduced by the government would have a negative impact on the personal finances of Ghanaians

– His comments followed the review of the mid-year budget presented to Parliament by Finance Minister Ken Ofori-Atta

Fiifi Kwetey, former deputy finance minister, said Ghanaians should tighten their belts, as Ken Ofori-Atta's mid-year budget review is reprehensible.

According to him, the tax increases announced by the minister mean that Ghanaians will have a difficult time.

Speaking on Citi TV on Monday, July 29, 2019, Mr. Kwetey added that the proposed increase in fuel prices and the tax on communication services could cause difficulties for the personal finances of Ghanaians.

Fiifi Kwetey calls Ghanaians to prepare for new trials

Fiifi Kwetey
Source: citinewsroom.com
Source: UGC

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According to a report from Citinewsroom.com, he added that it would affect everything from transportation to food to other aspects of Ghanaians' lives.

"The difficulties they face will increase. For example, a gallon of gas will actually be close to one more cedi.

It's huge and it's going to affect everything, not just transportation; the food will be affected. Many more difficulties will come.

At a time when you have difficulties, Ghanaians take a lot of comfort in social media, making fun of jokes and so on, which has also resulted in a tax increase, " he said.

Kwetey further noted that it was urgent to realize that the government could not handle the reality on the ground.

By the way, former President John Dramani Mahama badured each of the six newly created hospital population areas that he won the 2020 elections.

Interacting with the residents of Techiman in the Bono East area, he said the plan was a policy of the National Congress of Democracy (NDC).

The insurance came after the inauguration of an office complex for the NDC in the region. According to him, the NDC has never lied to the Ghanaian people and therefore would not start now.

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Source: Yen Ghana

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