In relation to the increase in the value-added tax (VAT), the member of parliament for the North Tongue Constituency of the National Democratic Congress (NDC) in the Volta Region has questioned the integrity of President Nana Addo Dankwa Akuffo-Addo.
The government announced an increase in VAT last Thursday, November 24,2022, by 2.5 percent, bringing the VAT payment threshold to 15 percent.
Following the presentation of the nation's fiscal policy statement for 2023 to the legislature by the finance minister, Ken Ofori-Atta, Mr. Samuel Okudzeto Ablakwa, the ranking member of the Parliamentary Select Committee on Foreign Affairs, questioned the integrity of President Akuffo-Addo in a press conference.
"I was shocked to hear the President increasing VAT at a time many countries are cushioning their Citizenry", he said.
"This is a President who organized 'KUMEPREKO, SIEYENPREKO' among other demonstrations against the introduction of VAT in the early 1990s", Ablakwa highlighted.
"Where have principle and integrity run to? I'm embarrassed by the legacy the President is leaving behind for the next generations", Ablakwa further charged.
"How on earth will this man be increasing VAT at this crucial moment of our times when businesses are folding up because of the high cost of doing business in the country?" he questioned.
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