Tag: Parliament
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Midyear budget review comes off Monday
The Finance Minister, Ken Ofori Atta is expected to present his midyear budget review and economic planning to Parliament tomorrow, July 31, 2017. This is in fulfilment of the constitutional mandate requiring the Minister to give an account of the performance of the economy before the commencement of the second half of the year. Citi…
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Ken Ofori Atta faces Parliament over 3% VAT controversy
Parliament’s Finance Committee has invited the Finance Minister, Ken Ofori Atta to respond to concerns by various business associations over the implementation of the 3% VAT Flat rate scheme. The invitation also comes on the back of the numerous petitions by the businesses to Parliament on the impact of the VAT on their operations. The…
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GARIA renews call for insolvency laws
The Ghana Association of Restructuring and Insolvency Advisors, GARIA, is hopeful that the seventh Parliament to be inaugurated in January 2017, will facilitate the passage of the insolvency law to protect businesses from collapse. It follows the inability of the current Parliament to pass the law. GARIA, has expressed concerns over Ghana’s Companies Code describing…