You are here: HomeNews2017 05 15Article 537897

Business News of Monday, 15 May 2017

Source: starrfmonline.com

Government sealing revenue loopholes – Ofori-Atta

The Minister of Finance Ken Ofori-Atta has assured the government is on course to seal leakages The Minister of Finance Ken Ofori-Atta has assured the government is on course to seal leakages

The Minister of Finance Ken Ofori-Atta has assured the government is on course to seal leakages in the system which are affecting revenue mobilization.

He has given an indication that the government is resorting to different mechanisms to block the leakages while investigation is also ongoing into some of the cases.

Speaking at the National Policy Summit in Accra Monday, Mr. Ofori-Atta noted most of the leakages are occurring in the daily lives of people and not necessarily by politicians.

“These are normal Ghanaians perpetuating leakages of untold proportions and we are in the middle of investigating a lot of these,” he served notice.

He gave the assurance that the government led by President Nana Addo Dankwa Akufo-Addo is rolling out measures to stabilise the “macro space” for Ghanaians to own the economy as well as “reduce the margin of exploitation” during elections.

The monthly programme will allow ministries, departments and agencies (MDAs) to communicate their policies to the public. The programme is a strategic dissemination of information on government programmes and policies.

The expectation of the Summit is to build partnerships and elicit feedback to government to enhance further policy formulation.