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Nana Addo To Address Ghana On First 100 Days Today

April 10, 2017
in Top Stories
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President Nana Akufo-Addo will today [Monday] address the nation on his first three months in office.

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The President and his Cabinet over the weekend met to review their performance in the last 90 days in office and the way forward.

Citi News understands that a major issue that dominated the discussion was the increasing spate of illegal mining also known as Galamsey and the lawless activities of a vigilante group affiliated with the New Patriotic Party (NPP), Delta Force.

The President at the retreat tasked the Interior, National Security and Defence Ministers to deal with the group by using the law, to serve as a deterrent.

Issues that have emerged during Nana Addo’s 100 days

Issues Ghanaians have raised concerns about since the President took over the helm of affairs include the attacks by vigilante groups believed to be associated with the NPP, the appointment of some 110 Ministers to serve under the NPP government and the Galamsey menace which has reportedly led to the destruction of natural resources.

What has Nana Addo done so far?

The President has already started implementing some promises made ahead of the general elections. These include the abolition and review of key taxes which mostly affects businesses in the aviation, finance and real estate industries.

The Finance Minister, Ken Ofori Atta while delivering the State of the Nation Address in March, outlined the taxes that government had either reviewed or abolished as listed below:

– 17.5 percent VAT/NHIL on selected imported medicines, that are not produced locally;

– Initiate steps to remove import duties on raw materials and machinery for production within the context of the ECOWAS Common External Tariff (CET) Protocol;

– Duty on the importation of spare parts;

– Taxation, the gains from realisation of securities listed on the Ghana Stock Exchange or publicly held securities approved by the Securities and Exchange Commission (SEC);

– Replace the 17.5 VAT/NHIL rate with a flat rate of 3 percent for traders; and

– Implement tax credits and other incentives for businesses that hire young graduates.

While implementation of these promises are underway, government has also revealed how it intends implementing its promises , specifically the 1 district, 1 factory policy.

A document detailing the specific implementation plan for the 1 district, 1 factory revealed that government had given the go ahead for implementation to be managed by collaboration between the public and private sectors through an organization which will specifically be set up for that purpose.

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(Via: CitiFM Online Ghana)

Tags: addoBanks - NECCitiDelta ForcefinanceFinance MinisterGeneral ElectionsghanaGhana Stock ExchangeIllegal MiningKen Ofori-AttamachineryNana AddoNana Akufo-AddoNew Patriotic Party (NPP)politicsPolitics of Ghanapresidentreal estate industriesRebecca Akufo-AddoSecurities and Exchange CommissionVigilante

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