Tomorrow’s budget review Agribusiness players ask the government to increase direct IMF inflows

Stakeholders in the agriculture sector have urged the government to direct a portion of the IMF inflows that will be secured into the industry.
Increased investment in the industry, backed by strong governmental measures, according to the stakeholders, is essential to stabilize the rising price of food items in the short to medium term and boost the economy’s recovery.

Two organizations that collectively represent a significant portion of the agricultural value chain are the General Agricultural Workers Union (GAWU) of the Ghana Trades Union Congress (TUC) and the Peasant Farmers Association of Ghana (PFAG).

Others have urged the government to pass the Tax Exemption Bill, reinstate road tolls, review the electronic transfer levy (E-Levy), bring night traders into the tax system, and implement improved revenue collection efforts in the mid-year budget that is scheduled to be presented to Parliament tomorrow. These calls for action were made by two tax experts, business associations, and others.

In separate interviews with the Daily Graphic monitored by Shinemegh.com in Accra yesterday, Dr. Alex Ampaabeng, the tax specialist for Oxfam in Ghana, Geoffrey Kabutey Ocansey, the executive director of Revenue Mobilization Africa (RMA), Dr. Joseph Obeng, the president of the Ghana Union of Traders Association (GUTA), and Tsonam Cleanse Akpeloo, the chair of the Association of Ghana Industries (AGI) in Accra, stated that improved fiscal policy measures would