The state of Ghana under President John Mahama is deteriorating, marked by rising fuel prices, worsening power supply, and escalating illegal mining activities. Former staffer Miracles Aboagye highlights these concerns, advocating for government accountability. Meanwhile, GUTA is emphasizing that traders expect fair tax policies in the upcoming budget, aiming for broader tax inclusion while avoiding additional burdens on existing taxpayers.
Recently, Mr. Dennis Miracles Aboagye, a former Presidential Staffer under the Akufo-Addo administration, characterized the current situation in Ghana under President John Mahama’s administration. He highlighted challenges such as rising fuel prices, worsening power supply issues—referred to as “Dumsor,” and increasing illegal small-scale mining activities, commonly termed “Galamsey.” These issues are exacerbated by job dismissals and a general inflation of prices for goods and services.
In a Facebook post, Aboagye stated, “Dumsor on the rise, Galamsey is escalated because the real galamseyers are in town… Our water bodies are reaching all-time high pollution.” He also pointed out that thousands of Ghanaians have lost their jobs unjustifiably, and first-year university students face financial strain after paying for tuition, contrary to government promises. He remarked on a disturbing return to past inefficiencies, emphasizing the need to hold the government accountable.
Dr. Joseph Obeng, President of the Ghana Union of Traders Association (GUTA), expressed traders’ apprehensions about new taxes proposed in the upcoming budget. He stated that while they are not expecting additional taxes, GUTA supports efforts to broaden the tax base to include those who currently evade taxation. He said, “We’re not expecting new taxes…. Expanding the tax net is welcomed.”
Moreover, the government has prepared the fiscal policy document for 2025, which is due to be presented to Parliament. This initiative, confirmed during a Cabinet meeting, illustrates the government’s focus on economic stabilization. Minister of Government Communications Felix Kwakye Ofosu reassured citizens of the administration’s dedication to fulfilling its economic promises, highlighting aspects of the budget that include the removal of certain taxes and a focus on national development. He noted that the budget would provide an overview of the financial landscape inherited from the National Democratic Congress (NDC) government, along with strategic measures for future growth.
In summary, Ghana is currently facing significant economic challenges characterized by rising fuel prices, increased power supply issues, and escalated illegal mining activities under the Mahama administration. The government’s fiscal policy aims to address these issues while committing to economic development and tax reform. Stakeholders like GUTA advocate for a fair tax system that expands coverage without burdening current taxpayers, emphasizing the need for transparency and accountability in policy implementation.
Original Source: 3news.com
