{"id":23011,"date":"2024-07-25T17:16:44","date_gmt":"2024-07-25T17:16:44","guid":{"rendered":"https:\/\/sotnews.agency\/?p=23011"},"modified":"2024-07-25T17:59:08","modified_gmt":"2024-07-25T17:59:08","slug":"2024-mid-year-budget-signals-npp-is-headed-for-opposition-ato-forson","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=23011","title":{"rendered":"2024 mid-year budget signals NPP is headed for opposition \u2013 Ato Forson"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 59 Second <\/div>\n\n <\/div>

Minority Leader Dr. Cassiel Ato Forson has expressed disappointment in the 2024 Mid-Year Budget, stating it signals the governing New Patriotic Party\u2019s (NPP) impending transition to the opposition.<\/strong><\/p>\n

Dr. Ato Forson\u2019s remarks followed Finance Minister Dr. Amin Adam\u2019s presentation of the mid-year budget on Tuesday, July 23.<\/p>\n

The Minister highlighted the government\u2019s efforts to reverse negative economic trends and control expenditure, reporting a provisional total debt of GH\u00a2742 billion (US$50.9 billion) as of June, representing 70.6% of GDP. He assured that the government is living within its budget.<\/p>\n

Despite these assurances, Dr. Ato Forson criticized the review for not abolishing certain taxes, such as the COVID levy, E-levy, and emission levy.<\/p>\n

The former Deputy Finance Minister argued that these taxes have contributed to Ghana\u2019s high tax regime, driving businesses and citizens out of the country.<\/p>\n

According to Dr. Ato Forson, the government\u2019s inability to introduce innovative measures demonstrates a lack of vision and commitment to addressing the country\u2019s pressing economic issues.<\/p>\n

The Minority Leader also referenced the Majority Caucus\u2019 jubilation song \u201cAbamu awie,\u201d suggesting that the NPP is now on its way to opposition.<\/p>\n

He emphasised that the mid-year budget, in his view, underscored the NPP\u2019s failure to meet the expectations of Ghanaians.<\/p>\n

Dr. Ato Forson urged the government to rethink its strategy and adopt more effective policies to revive the economy and provide relief to the citizens.<\/p>\n

\u201cAt the very least, Ghanaians expected that this mid-year review would have removed or abolished a number of taxes that has made Ghana a high tax regime to the extent that businesses are moving out of the country and the ordinary Ghanian is actually leaving the shores of this country. For example, COVID levy, E-levy, \u2018Borla\u2019 tax, tax on domestic electricity, emission levy.\u201d<\/p>\n

\u201cMr Speaker this is a missed opportunity. Mr Speaker, instead the Minister did not announce one single new policy. The Minister did not introduce new ideas. Mr Speaker unfortunately, Ghana is on autopilot, and our economy is on autopilot\u2026All what I want to tell them, they are bereft of new ideas and I\u2019m happy that they sang\u2019 abamu awie\u2019, you are on your way to opposition,\u201d he stated.<\/p>\n

The post 2024 mid-year budget signals NPP is headed for opposition \u2013 Ato Forson<\/a> first appeared on 3News<\/a>.<\/p>

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Minority Leader Dr. Cassiel Ato Forson has expressed disappointment in the 2024 Mid-Year Budget, stating it signals the governing New Patriotic Party\u2019s (NPP) impending transition to the opposition. Dr. Ato… <\/p>\n","protected":false},"author":1,"featured_media":23133,"comment_status":"open","ping_status":"open","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":[10],"tags":[],"class_list":["post-23011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/23011","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=23011"}],"version-history":[{"count":1,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/23011\/revisions"}],"predecessor-version":[{"id":23134,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/23011\/revisions\/23134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/23133"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}