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Minority spokesperson on Finance, Cassiel Ato Forson has enumerated seven reasons why the 2021 budget will make Ghanaians worse off under the Akufo-Addo government.
The Energy Sector Recovery Levy, COVID-19 Health Levy, and Sanitation and Pollution Levy are some of the revenue generation measures announced by the Caretaker Finance Minister Osei Kyei-Mensah-Bonsu in the 2021 budget.
In the three-hour-long address, the minister also announced over 5% financial sector levy to cater for the banking sector clean-up. Road tolls will also see an upward adjustment.
The government has, however, justified the introduction of the three levies in the 2021 budget statement.
But Mr. Ato Forson says Ghanaians will be worse off now than during the height of the pandemic
Below is his post on his Facebook page
7 Reasons why Akufo Addo’s 2021 budget will worsen the plight of Ghanaians!
1. We need to make a clear distinction between Covid-19 impact on the economy and your own Mess.
Yes, Covid19 has done some damage to our Economy particularly the private sector but at the Central government level, the problems we face today are due to mismanagement and the 2020 Election year Expenditure! Here is why: