{"id":113897,"date":"2026-02-03T17:29:49","date_gmt":"2026-02-03T17:29:49","guid":{"rendered":"https:\/\/sotnews.agency\/?p=113897"},"modified":"2026-02-03T17:29:49","modified_gmt":"2026-02-03T17:29:49","slug":"parliament-to-consider-major-economic-and-financial-sector-bills-majority-leader","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=113897","title":{"rendered":"Parliament to consider major economic and financial sector bills \u2013 Majority Leader"},"content":{"rendered":"
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Parliament will consider a wide range of economic and financial sector legislation as it resumes work, the Majority Leader, Mahama Ayariga, has announced.<\/p>\n

He said the proposed bills were aimed at consolidating recent gains, strengthening institutions, and creating a more competitive business environment.<\/p>\n

Among the key bills before the House are the Ghana Cocoa Board (Amendment) Bill, the Ghana Investment Promotion Authority Bill, and the Ghana Deposit Protection (Amendment) Bill, which seeks to align Ghana\u2019s deposit protection framework with international standards.<\/p>\n

Mr Ayariga also mentioned the Exemptions (Amendment) Bill, 2026, and the Income Tax (Amendment) Bill, 2026.<\/p>\n

\u201cThese bills are not just technical exercises,\u201d the Majority Leader said.<\/p>\n

\u201cThey are about improving confidence in our financial system, protecting depositors, and ensuring that our tax regime supports growth rather than stifling it.\u201d<\/p>\n

He added that the Extractive Industry Fiscal Reforms Bill would modernise the sector and ensure that mineral wealth benefited local communities.<\/p>\n

Mr Ayariga also highlighted ongoing VAT reforms, including the abolition of the COVID-19 Health Recovery Levy and the reduction of the effective VAT rate.<\/p>\n

He said these measures would lower the cost of doing business and ease the burden on households. \u201cWe are deliberately shifting from crisis management to growth-oriented reforms,\u201d he noted.<\/p>\n

He urged Members on both sides of the House to approach the consideration of the bills with a sense of national responsibility.<\/p>\n

\u201cDifferences of opinion enrich our democracy, but division must never obstruct national progress,\u201d he said, calling for constructive debate anchored in solutions rather than stalemate.<\/p>\n<\/div>\n

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Parliament will consider a wide range of economic and financial sector legislation as it resumes work, the Majority Leader, Mahama Ayariga, has announced.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[575,177,1883,761,10,9],"tags":[],"class_list":["post-113897","post","type-post","status-publish","format-standard","hentry","category-mahama-ayariga","category-majority-leader","category-national","category-parliament","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/113897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113897"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/113897\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}