Tag: Former Finance Minister
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Current high inflation rate not an isolated event – Seth Terkper
Former Finance Minister, Seth Terkper has called on government to take a comprehensive look at the economy to resolve the high inflation rate phenomena being experienced and its knock-on effect on other parts of Ghanaian life. According to Mr. Terkper, the high rate of inflation is connected and tied to different aspects of the economy…
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More oil cash could help gov’t meet 2022 revenue target – Seth Terkper
Former Finance Minister, Seth Terkper says a sustained high price of crude oil on the international market could help government in raking in much-needed revenue for this year. From a revenue target of GH¢72 billion in 2021, government has set for itself a new target of GH¢ 100 billion for 2022, and is hoping the…
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Gov’t will still struggle to meet 2022 revenue target despite E-Levy passage – Seth Terkper
Former Finance Minister, Seth Terkper has expressed doubt over government’s ability to meet the revenue target of GH¢ 100 billion, despite the approval of the Electronic Transfer Levy (E-levy) law. The implementation of the E-levy, which is expected to commence in May 2022, was originally expected to help bring in about GH¢6.9 billion this year…
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Basing Agyapa Royalties in tax haven disappointing – Terkper
Former Minister of Finance, Seth Terkper says the Finance Ministry’s defence for incorporating Agyapa Royalties Limited in Jersey of the Channel Islands as a means to avoid paying extra taxes on mining royalties is disappointing. Jersey is a known tax haven and a destination for incorporating companies that want to be listed on the London…