Deputy Information Minister Kojo Oppong Nkrumah refutes claims that the taxes government collects have not done enough to ensure the fundementals of the economy remain robust.
“The numbers don’t support that narrative. The GDP grew significantly,” he told Daniel Dadzie on the Super Morning Show Wednesday.
His comments come on the heels of speculation that Finance Minister Ken Ofori-Atta will announce a 4% increase in VAT during his Mid-Year Review address to Parliament Thursday. A source has since confirmed to Joy News that the VAT will not rise.
But Nkrumah would not confirm nor deny whether the VAT hike would take effect, but proposed other alternatives to ramp up revenue in the country.
According to the deputy information Minister, this government led by President Akufo-Addo has done more than enough to stabilize the economy to a better level.
“I admit that we have to do a lot further, but let us not pretend that absolutely nothing has happened,” he said.
Explaining further, he indicate that, the general public and all Ghanaians to remain calm and exhibit high level of faith in the NPP administration for they will deliver and make the country a better one.