Former President John Mahama has expressed support for the Trades Union Congress (TUC) in their call for the government to reverse the imposition of a 15% Value Added Tax (VAT) on electricity consumption.
The TUC has set a deadline of the end of January for the government to reconsider its decision, citing concerns over the potential burden on Ghanaians. Mahama, who also serves as the flagbearer of the National Democratic Congress (NDC), echoed these concerns. He highlighted that the imposition of VAT on electricity consumption could result in a nearly 21% increase in tariffs, causing a ripple effect on the prices of goods, services, and transportation fares.
In a Facebook statement, Mahama urged the government to revisit its decision and provide relief to the citizens. He took the opportunity to criticize the Akufo-Addo-Bawumia administration, stating that Ghanaians would continue to face hardships as long as they remained in office.
“Implementing VAT on electricity consumption will increase tariffs by almost 21% and exacerbate the hardship on Ghanaians. This will affect the prices of goods, services, and transport fares. I agree with organized labor that the government must reverse its decision to start collecting VAT on electricity consumption,” Mahama emphasized.
While emphasizing the responsible use of the recently released $600 million by the International Monetary Fund (IMF), Mahama called for caution on the part of the outgoing government. He expressed readiness to address Ghana’s economic challenges and provide substantial relief to the citizens when he assumes office in January 2025.
Promising a vision that includes creating well-paying jobs through his proposed 24-hour economy policy and other initiatives, Mahama underscored the need for a strategic approach to address the economic issues facing the country.
Former President John Mahama has expressed support for the Trades Union Congress (TUC) in their call for the government to reverse the imposition of a 15% Value Added Tax (VAT) on electricity consumption.
The TUC has set a deadline of the end of January for the government to reconsider its decision, citing concerns over the potential burden on Ghanaians. Mahama, who also serves as the flagbearer of the National Democratic Congress (NDC), echoed these concerns. He highlighted that the imposition of VAT on electricity consumption could result in a nearly 21% increase in tariffs, causing a ripple effect on the prices of goods, services, and transportation fares.
In a Facebook statement, Mahama urged the government to revisit its decision and provide relief to the citizens. He took the opportunity to criticize the Akufo-Addo-Bawumia administration, stating that Ghanaians would continue to face hardships as long as they remained in office.
“Implementing VAT on electricity consumption will increase tariffs by almost 21% and exacerbate the hardship on Ghanaians. This will affect the prices of goods, services, and transport fares. I agree with organized labor that the government must reverse its decision to start collecting VAT on electricity consumption,” Mahama emphasized.
While emphasizing the responsible use of the recently released $600 million by the International Monetary Fund (IMF), Mahama called for caution on the part of the outgoing government. He expressed readiness to address Ghana’s economic challenges and provide substantial relief to the citizens when he assumes office in January 2025.
Promising a vision that includes creating well-paying jobs through his proposed 24-hour economy policy and other initiatives, Mahama underscored the need for a strategic approach to address the economic issues facing the country.
Former President John Mahama has expressed support for the Trades Union Congress (TUC) in their call for the government to reverse the imposition of a 15% Value Added Tax (VAT) on electricity consumption.
The TUC has set a deadline of the end of January for the government to reconsider its decision, citing concerns over the potential burden on Ghanaians. Mahama, who also serves as the flagbearer of the National Democratic Congress (NDC), echoed these concerns. He highlighted that the imposition of VAT on electricity consumption could result in a nearly 21% increase in tariffs, causing a ripple effect on the prices of goods, services, and transportation fares.
In a Facebook statement, Mahama urged the government to revisit its decision and provide relief to the citizens. He took the opportunity to criticize the Akufo-Addo-Bawumia administration, stating that Ghanaians would continue to face hardships as long as they remained in office.
“Implementing VAT on electricity consumption will increase tariffs by almost 21% and exacerbate the hardship on Ghanaians. This will affect the prices of goods, services, and transport fares. I agree with organized labor that the government must reverse its decision to start collecting VAT on electricity consumption,” Mahama emphasized.
While emphasizing the responsible use of the recently released $600 million by the International Monetary Fund (IMF), Mahama called for caution on the part of the outgoing government. He expressed readiness to address Ghana’s economic challenges and provide substantial relief to the citizens when he assumes office in January 2025.
Promising a vision that includes creating well-paying jobs through his proposed 24-hour economy policy and other initiatives, Mahama underscored the need for a strategic approach to address the economic issues facing the country.
