Abossey Okai Spare Parts Dealers refute claims of disappointment over 2026 budget

The Abossey Okai Spare Parts Dealers Association has firmly rejected claims made in Parliament by Minority Leader Alexander Afenyo-Markin that its members feel “disappointed” in President John Dramani Mahama for not abolishing import duties on spare parts in the 2026 Budget.

In a press release issued on Monday December 1, 2025, the Association described the statement made on November 25, 2025, as a misrepresentation of its views.

Reacting to the parliamentary comment, the Association stressed that although the long-standing request for the abolition of import duties on spare parts remains pending, its members are not disillusioned.

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“The Association wishes to state categorically that this assertion is inaccurate and misleading,” the executives declared in the statement.

To further clarify its stance, the Chairman, Henry Okyere, added, “We are not disappointed in President Mahama. The government’s recent economic measures have already brought significant relief to our members, and we acknowledge these efforts.”

The dealers noted that the appreciation of the Ghanaian cedi, the removal of COVID-19 taxes, the abolishment of the decoupling of NHIL and GETFund levies and the increase in the VAT threshold to GH¢750,000 have together created a more predictable and uniform VAT environment for spare parts traders, thereby easing operational pressures.

According to the Association, these developments demonstrate the government’s commitment to supporting the spare parts industry and contribute to stabilising the cost of doing business at Abossey Okai.

“These developments are warmly welcomed,” the release noted.

The release was signed by Henry Okyere, Chairman, on behalf of the Association’s Executive Committee.

AM

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