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Enforce ban on public smoking — SEND Ghana
SEND Ghana, a Policy Research & Advocacy Civil Society Organisation, has asked the government to enforce the ban on public smoking and the use of plastics for food packaging to help prevent the occurrence of diseases.
Mr George Osei Bempeh, Country Director of the organisation, said the devastating effect of the COVID-19 pandemic implied that government must be proactive in tackling potential health challenges and also prioritise primary health service delivery in the country.
Presenting an assessment of government’s 2021 Budget Statement and Economic Policy in Accra on Monday, he noted that the introduction of the COVID-19 levy was commendable, however, the levy should not be “limited to combating only COVID-19.”
He said there must be a “dedicated budget” to finance future epidemics while efforts were made to implement the National Action Plan for Health Security (NAPHS).
Touching on other aspects of the 2021 budget, he said SEND Ghana’s social audit of the COVID-19 Alleviation Programme confirmed that some vulnerable people, including street children and homeless people were “excluded at the height of the crisis when cooked and raw food were distributed by the government and other benevolent organisations.”
This, the organisation attributed to lack of “comprehensive and reliable data” on vulnerable population in the country, hence the need for government to take steps to gather relevant data on such vulnerable groups to help overcome future challenges in the area of social protection.
SEND Ghana further observed that the current amount of GH¢1 per child for a plate of food under the National School Feeding Programme was “unsatisfactory and cannot guarantee an adequate and healthy meal for child development.”
“We are, therefore, proposing to the government to make a conscious effort to increase the amount to at least GHc2.00 per child if it needs to fully attain the programme’s short-term objective to reduce hunger and malnutrition,” Mr Bempeh stated.
On taxation, he said government should consider reintroducing the ‘Luxury Vehicle Tax’ which was scrapped after it faced opposition from sections of the public.
Mr Bempeh said government could be “more innovative with taxation” by targeting the rich instead of “burdening the poor with the same taxes.”
“Government could relook at the implementation challenge with the luxury vehicle tax and consider reintroducing it.
“We are concerned that some of the tax proposals in the 2021 budget are more consumption based, and the fact is, the burden will fall more on the poor and vulnerable,” he noted.
The Country Director maintained that the COVID-19 Health Levy, Sanitation and Pollution Levy and increase in petroleum prices, among other new taxes would have adverse effect on all other sectors and translate into high cost of living especially for the poor.
He said the 2021 budget, just like previous budgets, sought to rely on donor funding and that efforts must be made to wean various sectors of the economy from donor support which possessed a threat to attaining ‘Ghana Beyond Aid’ and the Sustainable Development Goals (SDGs).
By Ernest Nutsugah
News
Over GH₵80m was collected in betting tax, Amin Adam got it wrong – Finance Minister
Ghana’s Minister for Finance Ato Forson says the claim by former Finance Minister Mohammed Amin Adam that the erstwhile administration never implemented the betting tax is not factual.
Speaking at a new conference on Tuesday, March 11, shortly after the Finance Minister presented the new government’s first budget statement and abolished the e-levy, betting tax among others, the former Finance Minister said the NPP government never enforced the controversial tax on lottery and sports betting winnings.
Dr Amin Adam said it was deceptive for the NDC government to claim to abolish a tax that was never collected although the law was passed in 2023.
“Betting tax that they said they have abolished, we never collected Betting Tax. So to come and tell Ghanaians that you have abolished something that you have not implemented, is to deceive the people of Ghana.”
Responding to the claims in an interview with Evans Mensah on JoyNews’ PM Express on Tuesday night, the Finance Minister said his colleague on the other side appears not to be on top of that issue.
“I don’t think he’s on top of that matter because my checks revealed that it was implemented in the second half of 2024. And my checks also reveal that year-to-date, the government of Ghana has collected over GH₵80 million from betting tax, so I don’t know what he’s talking about. It is not the fact. The fact on the ground does not support his assertion. Clearly, the betting tax was implemented,” he insisted.
News
Whoever created BoG’s GH₵53bn negative equity mess should be held responsible – Dr. Atuahene
Banking consultant Richmond Atuahene has called for accountability over the Bank of Ghana’s (BoG) GH₵53 billion negative equity, insisting that those responsible for the mess must be held accountable.
In an interview on Joy FM’s Midday News on Wednesday, March 12, he called for those responsible for breaching financial regulations to be summoned before Parliament to explain their actions.
“There was a law that stated they should not exceed a 5% fiscal financing threshold, yet they went as high as 60%. This is a clear violation, and they cannot claim ignorance. The Governor, the Minister, and those involved must be held accountable for their actions,” he asserted
His comment comes after the Finance Minister, Dr. Cassiel Ato Forson, advised BoG to explore internal cost-cutting measures instead of relying on taxpayer funds for a GH₵53 billion bailout to address its negative equity position.
Dr. Atuahene supported the Finance Minister’s stance that the government cannot afford to recapitalise the central bank at this time, given the nation’s fiscal constraints.
“Like the Minister said, you don’t create a mess and leave it for others to clean up. Whoever created this mess must take personal responsibility. When they engaged in the monetisation of fiscal deficits in 2021 and 2022, some of us warned them about the consequences, but they didn’t listen,” he stated.
Dr. Atuahene stressed that rather than relying on external funding, the Bank of Ghana should explore internal restructuring, cost-cutting, and asset sales, including a sale-leaseback arrangement on some of its properties, to raise the necessary capital.
He also highlighted the potential damage to Ghana’s international credibility if the Bank of Ghana remains in a financially distressed position.
“This affects Ghana’s credibility. BoG has correspondent relationships with the Bank of England, the Federal Reserve, and the African Development Bank. If it continues to operate in a capital-deficient state, international institutions may lose confidence in our financial system,” he warned.
Dr. Atuahene also criticised the central bank for insisting that it is “policy solvent,” arguing that capital solvency is more critical in this situation.
“You can claim policy solvency all you want, but if you are capital insolvent, it means you cannot function properly. BoG has been making losses year after year. They made losses in 2023, and they are making losses in 2024. How long will this continue?” he questioned.
Source: Myjoyonline.com
