In order to pass the three revenue legislation that are currently before the House, Kojo Oppong Nkrumah, minister of information, has urged the minority in parliament to cooperate with the majority.
They are the Growth and Sustainability Amendment Bill, the Excise Duty Amendment Bill, and the Income Tax Amendment Bill.
The government is attempting to approve these bills in order to add another GH4 billion in domestic revenue per year.
In an interview with journalists on Tuesday, March 28, Mr. Oppong Nkrumah, a member of parliament for Ofoase Ayirebi, stated: "To our colleagues in the Minority, I think it is apparent that we need to work together to achieve a certain purpose for the country.
Sometimes we get worked up, but let's consider the national interest right now.
The Paris Club, China, and our external creditors are all with us right now and are looking to see if we can help ourselves. The world is prepared to assist us. To those in the government, minorities, and business organizations, I make the request that we must work to pass these revenue laws in order to close the GH4 billion shortfall.
Dr. Ernest Addison, governor of the Bank of Ghana (BoG), encouraged the House to give the Bil top priority.
He claimed that the Monetary Policy Committee had recognized that the fiscal policy had been established on a course of consolidation by the budget declaration for 2023.
He claimed that this was consistent with important points reached in December at the staff level with the International Monetary Fund (IMF).
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