IMF To Ghana: Eliminate tax exemptions

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• JAMES Y 10 years ago

  For the first time IMF has been on the side of greater majority of Ghanaians. Since Ghana introduced tax exemptions to lure businesses into the country, many patriotic Ghanaians have disapproved that policy - arguing it is co ...
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  For the first time IMF has been on the side of greater majority of Ghanaians. Since Ghana introduced tax exemptions to lure businesses into the country, many patriotic Ghanaians have disapproved that policy - arguing it is counter-productive. Now that the IMF has added its voice to it, hopefully, government will withdraw the policy for the better.

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• Adjorlolo 10 years ago

  When you refuse advice from within, you will be directed from abroad which you must obey. Ghana has now been divested to the IMF and now being remote controlled from Washington. Oh Gold Coast lacking Common Sense to manage it ...
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  When you refuse advice from within, you will be directed from abroad which you must obey. Ghana has now been divested to the IMF and now being remote controlled from Washington. Oh Gold Coast lacking Common Sense to manage its God given Resources. I still maintain that IMF IS Lazy Man's Option. You Can't Develop Ghana with IMF Loan. Read "Dambisa Moyo's book on FOREIGN AID"

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• inercycl 10 years ago

  No our government can't and will never do that. Why? Politicians, government officials ,their cronies, businesses fronting for political leadership are sole beneficiaries of tax exemptions in ghana.So how do u expect them to ...
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  No our government can't and will never do that. Why? Politicians, government officials ,their cronies, businesses fronting for political leadership are sole beneficiaries of tax exemptions in ghana.So how do u expect them to do that.The IMF never thought it through that well then before parting with the money....money these politicians could have " loaned" to the country themselves. Check Forbes richest people in ghana.90% political leaders or people associated with them!

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• SON OF MAN 10 years ago

  BOHYE-BA, YOU COPY THAT ?
  IS BECAUSE YOU HAVE FAILURED TO GOVERN EFFICIENTLY HENCE THE COMMAND FROM IMF.
  MAHANI BOHYE-BA, REMEMBER YOU WERE NOT VOTED INTO OFFICE TO SEND GHANA BACK TO IMF.
  YOUR DAYS ARE NUMBERED MAHANI !

  BOHYE-BA, YOU COPY THAT ?
  IS BECAUSE YOU HAVE FAILURED TO GOVERN EFFICIENTLY HENCE THE COMMAND FROM IMF.
  MAHANI BOHYE-BA, REMEMBER YOU WERE NOT VOTED INTO OFFICE TO SEND GHANA BACK TO IMF.
  YOUR DAYS ARE NUMBERED MAHANI !

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• Abena Kwabena 10 years ago

  No ordinary Ghanaian enjoys any tax exemptions! Only John Mahama's family and their cronies benefit from such obnoxious policies. Any tax exemptions are a crime against the people of Ghana!

  No ordinary Ghanaian enjoys any tax exemptions! Only John Mahama's family and their cronies benefit from such obnoxious policies. Any tax exemptions are a crime against the people of Ghana!

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• Saint Ghfuo: Nyantakyi must go! 10 years ago

  AFRICAN INFRASTRUCTURE FUND, NOW!
  IMF is run by europe. Worldbank by us, Asian fund by japan. Now china will spearhead the aiib. Why can't african nations come.together and form their own infrastructure fund? Each nation wil ...
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  AFRICAN INFRASTRUCTURE FUND, NOW!
  IMF is run by europe. Worldbank by us, Asian fund by japan. Now china will spearhead the aiib. Why can't african nations come.together and form their own infrastructure fund? Each nation will contribute their quota and the monies will be used to provide infrastructure projects. Interest and profits will the divided based on the success of the Fund. Africa, wake up! Stop going to imf, worldbank etc for loans with high interest...Oh Lawd!

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• Hmmmm 10 years ago

  This below is information courtesy of Wikipedia:
  
  "The ADB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The ADB’s mission is to f ...
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  This below is information courtesy of Wikipedia:
  
  "The ADB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The ADB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.The ADB is a financial provider to African governments and private companies investing in the regional member countries. While it was originally headquartered in Abidjan, Côte d'Ivoire, the bank's headquarters moved to Tunis, Tunisia in 2003, due to the Ivorian civil war; before returning in September 2014."

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• james 10 years ago

  1. Because africa is broke
  2. Because there's so much corruption here that, the money would be stolen before they ever reached the nations intended.
  3. There's no trust between africans. Would you allow Ghana to send milli ...
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  1. Because africa is broke
  2. Because there's so much corruption here that, the money would be stolen before they ever reached the nations intended.
  3. There's no trust between africans. Would you allow Ghana to send millions to be spend on roads in Nigeria???

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• Saint Ghfuo: nyantakyi must GO! 10 years ago

  THE SAME IDEA HAS BEEN EMPLOYED BY ASIA, EUROPE AND N AMERICA AND AFRICANS ARE THE ONES GOING TO THESE AIIB, ASIA BANK, IMF AND WBANK TO SEEK LOANS AT HIGH INTEREST. IF AFRICA HAD SOMETHING SIMILAR. ALL THE INTEREST ON DEFAUL ...
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  THE SAME IDEA HAS BEEN EMPLOYED BY ASIA, EUROPE AND N AMERICA AND AFRICANS ARE THE ONES GOING TO THESE AIIB, ASIA BANK, IMF AND WBANK TO SEEK LOANS AT HIGH INTEREST. IF AFRICA HAD SOMETHING SIMILAR. ALL THE INTEREST ON DEFAULT LOANS WILL BE ACCRUED AND STAYED IN AFRICA TO FURTHER DEV.

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• Capability Joe 10 years ago

  Find a way to tax the informal sector too. This alone can generate 10 billion cedis per year.

  Find a way to tax the informal sector too. This alone can generate 10 billion cedis per year.

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• Brofo 10 years ago

  Even IMF sees that we have ignorant and incompetent leaders. What do we gain from these tax exemptions?

  Even IMF sees that we have ignorant and incompetent leaders. What do we gain from these tax exemptions?

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• Iyke 10 years ago

  If you have the ability to strenghen our economy, you certainly do not need IMF.A country with all natural resoures is still struggling to survive.Visionless leaders

  If you have the ability to strenghen our economy, you certainly do not need IMF.A country with all natural resoures is still struggling to survive.Visionless leaders

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• Prof Lungu 10 years ago

  Last year, in 2014, Finance Minister Seth Terkper signed an agreement with MCC, Compact With Ghana, and allowed $130 million tax exemption over just 5 years!

  Last year, in 2014, Finance Minister Seth Terkper signed an agreement with MCC, Compact With Ghana, and allowed $130 million tax exemption over just 5 years!

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