Bawumia’s vision of tax digitalisation is progressive - Chamber of Commerce & Industry
President of the Ghana Chamber of Commerce and Industry, Dr. Clement Osei Amoako, has emphasized that Vice President Mahamudu Bawumia’s vision of tax digitization is worth pursuing as it is progressive.
Delivering his speech at GNCCI’s Dialogue with Vice President Dr. Bawumia, on Wednesday, March 20, 2024, at Best Western Hotel, Accra, the President of the Ghana Chamber of Commerce posited that the best way to realize the country’s goals in its tax administration is to digitalize the system.
“The Chamber acknowledges government’s effort led primarily by His Excellency the Vice President towards championing a new era of a digitalized Ghana. An era where registration, documentation, payments, revenue collection, public consultations, citizens identification, among other key business activities are made easier and faster leveraging the power of digital technologies” he said.
This, Dr. Osei Amoako indicated, has contributed to a decline in corruption and significant reduction in institutional bureaucracy.
The Chamber also acknowledged the efforts of government in the past 7 years in ensuring sustainable economic growth and development, especially during the period COVID-19 pandemic, and the Russia-Ukraine war when the economy was hard hit.
“These efforts have contributed to significant decline in inflation from a record high of 54.1 percent in December 2022 to 23.2 percent in February 2024” Dr. Osei Amoako stated.
It could be recalled that at the delivery of his vision for Ghana event which was held on the campus of the University of Professional Studies, Accra, in February this year, Vice President Bawumia outlined a number of policy initiatives to formalize the Ghanaian economy further and that included intensified efforts in digitization which will also encapsulate digitalizing the tax system in the country.
Source: Classfmonline.com
Trending News
Zoomlion: Dr Siaw Agyepong dedicates successes of conglomerate to employees
10:21Labone PTA donates learning aid to school
15:10Bawumia is respectful, intelligent, naturally humble; his commentaries devoid of insults – Dormaahene
18:37Many of us still unpaid – Institutional Suppliers tell MoE
07:10Nkoranza North MP donates mobile phones to Bono East NDC comms team
10:10Ejisu by-election: I was just trying to feed 2 hungry EC officials – Nyarko denies bribery claim
14:39'Of course, I won't protect your legacy of corruption, arrogance, ineptitude' – Mahama tells Akufo-Addo
16:04Limited voter registration: CODEO deploys 195 observers nationwide
07:11Provide ‘dumsor’ timetable to save media houses from economic losses – GJA Pres. To ECG
08:52Chiefs not obliged to rise up and greet during visits: Prof Atubuga
14:13