{"id":6742,"date":"2024-05-07T02:35:08","date_gmt":"2024-05-07T02:35:08","guid":{"rendered":"https:\/\/sotnews.agency\/?p=6742"},"modified":"2024-05-07T02:35:08","modified_gmt":"2024-05-07T02:35:08","slug":"dr-mahamudu-bawumia-meets-with-eu-ambassadors-and-eu-business-leaders","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=6742","title":{"rendered":"Dr. Mahamudu Bawumia meets with EU Ambassadors and EU business leaders"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 57 Second                <\/div>\n\n            <\/div><p>Dr. Mahamudu Bawumia, the Vice President of Ghana and flagbearer of the New Patriotic Party (NPP) convened a significant meeting with Ambassadors from the European Union (EU) alongside some private sector executives at the EU Ambassador\u2019s Residence in Accra. The gathering served as a platform for Dr. Bawumia to articulate his strategic vision for Ghana\u2019s future development and reforms when elected President of the Republic of Ghana.<\/p>\n<p>Dr. Bawumia outlined his vision for the country\u2019s future development by stressing the importance of modernizing the tax system, citing Estonia\u2019s blockchain model as inspiration. He highlighted the need for enhanced tax traceability and data cross-checking to expand the taxpayer base.<\/p>\n<p>Dr. Bawumia discussed plans for investing in public transport and electric vehicles, including the imminent arrival of 200 Honda electric buses for testing in the next few months. He emphasized the importance of responsible small-scale mining to prevent environmental degradation and the need for industrialization to generate employment and attract investments.<\/p>\n<p>The Vice President underscored the significance of technology in reorganizing sectors such as agriculture and addressing regional security challenges. He emphasized Ghana\u2019s commitment to maintaining an inclusive democracy amidst instability in the sub-region and advocated for cooperation with neighbouring countries and Europe.<\/p>\n<p>Dr. Bawumia expressed readiness to revisit policies, including those related to local content and the Ghana Investment Promotion Centre (GIPC) Act, to foster a more conducive investment environment. He stressed the importance of predictability in business regulations and proposed reforms in land title systems and tax exemptions for investors.<\/p>\n<p>Additionally, the Vice President and Flagbearer of the NPP proposed simplifying the tax system with a flat tax rate and digitizing processes to curb corruption. He highlighted the need for competition in the energy sector to improve services and reduce monopolies, including the removal of VAT from solar energy.<\/p>\n<p>While accepting the role of education in nation-building, Dr. Bawumia reiterated his support for Free SHS and reminded all gathered the important trajectory education has taken with STEM and other educational programmes that aim to broaden the horizon of students.<\/p>\n<p>In conclusion, Dr. Bawumia\u2019s comprehensive plan aims to drive economic growth, attract investment, enhance governance, and tackle key challenges facing Ghana.<\/p>\n<p>The post <a href=\"https:\/\/citinewsroom.com\/2024\/05\/dr-mahamudu-bawumia-meets-with-eu-ambassadors-and-eu-business-leaders\/\" target=\"_blank\" rel=\"noopener\">Dr. Mahamudu Bawumia meets with EU Ambassadors and EU business leaders<\/a> appeared first on <a href=\"https:\/\/citinewsroom.com\/\" target=\"_blank\" rel=\"noopener\">Citinewsroom &#8211; Comprehensive News in Ghana<\/a>.<\/p>        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"6742\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/happy.svg\" alt=\"Happy\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">\n                        Happy                    <\/div>\n                    <div class=\"twp-count-percent\">\n                                                    <span style=\"display: none;\" class=\"twp-react-count\">0<\/span>\n                        \n                                                <span class=\"twp-react-percent\"><span>0<\/span> %<\/span>\n                                            <\/div>\n       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