Yesterday, the Finance Minister, Ken Ofori Atta presented the 2022 Budget to Parliament. One of the key aspects of the Budget was the imposition of a new levy on mobile money transactions and other electronic transactions. The Minister again spoke on the closure of all tollbooths across the country.
Welcome to my page. A Budget Amendment (BA) is the mechanism used to revise the working budget of state-supported and auxiliary enterprises accounts to reflect changes that occur throughout the fiscal year. Once the working budget is completed, it can only be changed by Budget Amendment.
The Senior Minister, Hon. Yaw Osafo-Marfo have set the social media ablaze after he advised Ghanaians on measures to escape the 1.75% Momo Tax. The advice followed the Finance Minister's 2022 Budget Statement which was presented to the floor of Parliament yesterday 17th November 2021.
Parliament has approved the 2021 Budget Statement presented to the House by caretaker Finance Minister, Osei Kyei Mensah Bonsu after a head count of MPs by the Speaker of Parliament, Alban Gbabin.
Ghanaians have shown a negative and opposite reaction to a public statement made by Dr. Mahamudu Bawumia on reviving the economy this year. Speaking at a meeting with some members of the Muslim Community in Accra on Monday, January 3, the Vice President of the Republic, Dr. Mahamudu Bawumia, has said that it is a fact that the economy is hard, credit to the Covid-19 pandemic, but government is committed to reviving it in this new year 2022.
Speaker of Parliament, RT. Hon. Sumana Kingsford Bagbin has revealed that a member of the majority group in Parliament was present in the chamber when he posed the question for the economic policy to be accepted or otherwise. Instead of 137 members of the Minority caucus, the Speaker reveals that there were 138, that is, a member of the ruling NPP MPs joined.
NDC Is Rejecting E-Levy Because They Want To Be The Ones To Introduce It In Future To Get More Money
The Minority in Parliament few days ago rejected the 2022 “Agyenkwa” Budget Statement due to the inclusion of some components in the Budget Statement – a major one being the 1.75% E-levy. The Budget Statement is to be reviewed and brought back before Parliament for approval.
The month of November has been one of the busiest month in Parliament so far. The month saw the 2022 Budget of Ghana being read in Parliament. Parliament also did rejected and approved the budget in the same month. The 2022 budget was first rejected by the Speaker of Parliament with the support of the minority in Parliament.
The new charges on electronic transactions have become a topical issue since the Budget was read by the financial minister, Ken Ofori-Atta two days ago. The minister announced during the reading of the Budget a new E-levy that will see 1.75% charged on every electronic transaction, including mobile money payments, bank transfers and merchant payments.
Reports reaching the public indicating the Majority has approved the 2022 budget presented by the Finance Minister. This comes after the Second Deputy Speaker, Joseph Osei Owusu sitting in for Alban Bagbin precide over the house. On Friday, November 26, 2021, the Minority also rejects the Budget when the minority walked out of the chamber leaving only the minority to Vote.
The Minority is shocked and disappointed at the recent attack on the Rt. Hon Speaker by the Majority Leader in his attempt to explain away their inability to show leadership in the House during the consideration of the 2022 Budget Statement and Economic Policy. The Minority wishes to strongly advise the Majority Leader and Government to accept defeat, acknowledge the rejection of the 2022 Budget Statement and Economic Policy by Parliament and focus on discussions on how to save the country from an imminent economic crisis.
Please follow this page to receive updates from around the world. In less than 24 hours, Members of the 8th Parliament of Ghana, will be going back to the floor of Parliament to continue their heated debate on the proposed Electronic Levy (E-levy). Ghana's Finance Minister-Ken Ofori Atta on 17th November 2021, during the presentation of the 2022 Budget Statement and Economic Policy of Government, announced to Parliament, the introduction of an Electronic Transaction Levy (E-Levy) of 1.75%, on electronic transactions above GHC100 (US$16) per day.
After a much heated debate all day long in the Parliament House, it (the House) finally rejected the proposed 2022 'Agyenkwa' Budget and Economic Policy presented by the Minister Of Finance, Ken Ofori-Atta on Friday evening, November 26, 2021, through a voice voting process.
The 2022 Budget which was read by the Minister of Finance, Ken Ofori Atta on 17th November, 2022 had been rejected by Parliament. This comes after the majority side in Parliament walked out of the Parliament room due to a disagreement with the speaker of Parliament and other factors.
The highly contested Budget Statement and Economic Policy covering the year 2022 has proven to be stubborn since it has created a lot of controversies in the political environment of Ghana. Not only that, it has also paved way for aggressive negotiations and competitive alignment of goals between the two giant parties.
Parliament on Friday, November 26, 2021, by a voice vote of all MPs present in the Chamber rejected the Budget Statement and Economic Policy of the Government for the year ending 31st December, 2022 as the Majority side of the House staged a walkout. The House presided over by the Rt.
JUSTICE FOR GHANA. CONVENER: BERNARD MORNAH. Justice For Ghana wishes to commend Parliament for standing for the Ghanaian people and dutifully rejecting the 2022 Budget and Economic Policy of H.E Nana Addo Danquah AKuffo Addo, which sought to further worsen the plight of the suffering masses, with the imposition of more taxes.
Most Ghanaians are shocked to hear their fellow Ghanaians who worked at all toollbooth centres in the country from today will loose their jobs and stay in the house to look for another work. It is suprising the saviour budget will deprive workers of toollboths of their daily foods.
We Are Waiting For The Day You Will Tell Us To Pay Free SHS Tax. Angry Ghanaians Spit On 2021 Budget
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Parliament is currently debating the 2021 Budget in Parliament.It has been a tussle as the MPs from both sides of the political divide share their opinions.