GRA boss details how the cedi's strength has impacted government revenue

Read Comments Comments (11)

• Kk 3 months ago

  Idiot,So you were happy when trades were paying through their noise when the cedis was depreciating.

  Idiot,So you were happy when trades were paying through their noise when the cedis was depreciating.

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• JESUS IS GOD 3 months ago

  Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third ...
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  Jesus Christ loves you and wants to save you from sin and its consequences. Vanity upon vanity—everything in this world is meaningless without Him. He died on the cross for your sins, was buried, and rose again on the third day. Believe in Him, accept His gift of forgiveness, and receive eternal life! (John 3:16).pnvc

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• Hugh Hefner 3 months ago

  How can this idiot be a commissioner with this warped logic

  How can this idiot be a commissioner with this warped logic

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• Koby 3 months ago

  If the expectation is that people should import more then what will be the net effect on the country's balance of payment. We are shooting ourselves in the foot when we think this way. We have to grow our local industries and ...
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  If the expectation is that people should import more then what will be the net effect on the country's balance of payment. We are shooting ourselves in the foot when we think this way. We have to grow our local industries and become self reliant in many stuffs especially in what we eat.

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• Anti-Tax man,VA 3 months ago

  cancel all port duties to bring down inflation so this overly entitled man can look for a job like the rest of the citizenry

  cancel all port duties to bring down inflation so this overly entitled man can look for a job like the rest of the citizenry

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• Promoting imports? 3 months ago

  Wow! Politics is setting back our development. Frequent fluctuation was bad but artificially propping the currency is costly and detrimental. All the propaganda is coming back to bite this administration. No new planes, no ...
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  Wow! Politics is setting back our development. Frequent fluctuation was bad but artificially propping the currency is costly and detrimental. All the propaganda is coming back to bite this administration. No new planes, no chartered flights, weak dollar, roads, hospitals etc.
  
  We should instead encourage exports and make the cedi exchange rate attractive to the diaspora. If we want to maintain 1:10, fine, but prices must be commensurate. Reduce inflation. High prices will lead to stagflation if the exchange rate continues to be propped up artificially. What we need is rather import substitution, producing locally.

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• TAKE OR PAY DEMON 3 months ago

  Nonsense . Government's reliance on revenue from the ports is the reason why Ghana is not developing. Instead of revising the tax laws to capture a lot of the citizenry to meet their tax obligations to the state, our lazy go ...
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  Nonsense . Government's reliance on revenue from the ports is the reason why Ghana is not developing. Instead of revising the tax laws to capture a lot of the citizenry to meet their tax obligations to the state, our lazy government is only targeting the ports and always employ their relatives there to corrupt the place.

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• Kwadwo 3 months ago

  The small small chicken policy did not help. Apenkye they thought manipulating the forex was wise!!!

  The small small chicken policy did not help. Apenkye they thought manipulating the forex was wise!!!

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• Kwame Angel 3 months ago

  You can't eat your cake and have it.

  You can't eat your cake and have it.

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• Thomas 3 months ago

  How is the Cedi gaining strength a problem. I think some of these people's qualifications need further scrutiny because I don't get this. If he can't do the job he should make way for someone who can.

  How is the Cedi gaining strength a problem. I think some of these people's qualifications need further scrutiny because I don't get this. If he can't do the job he should make way for someone who can.

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• Sasabonsam 3 months ago

  Some sane politician should explain to us why duties in Ghana are calculated using the U.S. dollar as the denomination currency. For Ghana to develop, we need to reduce importation of foreign goods, while increasing exports. ...
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  Some sane politician should explain to us why duties in Ghana are calculated using the U.S. dollar as the denomination currency. For Ghana to develop, we need to reduce importation of foreign goods, while increasing exports. It’s sad to hear that a government official is lamenting that the strengthening of the cedi is a bad thing. We’re doomed with suck kind of mentality

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