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Policy of Thursday, April 4, 2019
Source: clbadfmonline.com
2019-04-04
Thomas Kusi-Boafo, CEO of the Public Sector Reform Secretariat
Mr. Thomas Kusi-Boafo, CEO of the Secretariat for Public Sector Reform, said the ruling New Patriotic Party (NPP) deserved to be in power for twenty years to totally transform Ghana with good policies.
He told Kwabena Prah Jnr (the Don) of Ghana Yensom about Accra100.5FM that the Akufo-Addo administration had prepared the foundation for a prosperous future for the country.
The Ghanaians, he said, can not afford to give the mandate to the National Democratic Congress (NCD), which, in his opinion, is not able to handle the affairs of the nation.
His comments follow the conference of Vice President Mahamudu Bawumia at the plenary session of the Economic Management Team on Wednesday, April 3, 2019, during which he made important political announcements, including half of the reference value of imports. In addition, import duties on cars, announced Dr. Bawumia, have been reduced by 30%.
"The NPP must be in power for twenty years to totally transform Ghana," he said.
In his remarks on Wednesday, Bawumia said the reforms were part of measures to combat smuggling at various points of entry into the country and to help businesses in Ghana.
"To reduce the incidence of smuggling and increase revenues, the reference value of imports will be reduced by 50%," said Dr. Bawumia at a public meeting in Accra.
Last week, President Nana Addo Dankwa Akufo-Addo said that Ghana's import tariff regime reforms, which should reduce high tariffs in Ghana's ports, were under consideration and would be soon implemented.
Some business groups have asked the state to intervene and review the high taxes and duties applicable to imported items, Nana Akufo-Addo badured the business world that the government was already in the process of to fix the problem.
"The studies we conducted showed us that our ports were not competitive and that the import regime in our country was far too high. We are taking care of that and, very soon, the measures that the government will put in place will be known to all of you. I do not speak next year, nor in six months, I speak very very soon, "he said.
Nana Akufo-Addo reported on Saturday, March 30, 2019, during a speech at a public meeting organized by Ghanaians residing in Worcester, Mbadachusetts, United States of America, in the United States. part of his visit to this country.
Indeed, some trade unions, including the Union of Traders' Associations of Ghana (GUTA), have asked the state to intervene and review the high taxes and duties applicable to imported products.
Paperless reduces shipping costs
According to Finance Minister Ken Ofori-Atta, the introduction of the paperless port system has already reduced the cost of transactions in ports.
Before Parliament to answer a question posed by a member of Adaklu's constituency, Mr. Kwame Agbodza, on the question of whether the introduction of the paperless port had increased the cost of transactions in ports , the minister said the initiative was rather cost of doing business.
"The results (of the paperless port system) showed that the cost components of business in the country's ports were reduced from 7 to 3 cost components. This then reduced the total costs from 1,280 to 320 GHS, "said Ofori-Atta.
He added: "This means that the paperless system has allowed the GHS960 to reduce the cost of transactions in the ports, which represents a savings of 75%. Importers thus realize savings of 75% through the implementation of the paperless system. "
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