Akufo-Addo begs Ghanaians to keep paying 'unpopular' Covid levy despite end of pandemic – ‘Bear with us', he pleads

President Nana Akufo-Addo has pleaded with Ghanaians to keep paying the Covid-19 levy despite the pandemic being over.
In his last Covid update on Sunday, 28 May 2023, the president said: "The COVID Health Recovery Levy that was introduced to help fill some of the expenditure holes might not be the most popular tax, but I entreat all of you to bear with us".
The president signed the Act into law on 32 March 2021 following its passage by parliament.
The law imposed the special levy on the supply of goods and services and imports to raise revenue to support Covid-19 expenditures and to provide for related matters.
Within 8 months of coming into implementation, the levy accrued GH¢773.93 million, according to fiscal data released by the Ministry of Finance on 22 April 2022.
It was 12.7 per cent lower than the budget target of GH¢889.07 million.
In 2021, expenditures on Covid-19 and related issues, totalled more than GH¢2.8 billion.
In his address, the president also said the Covid Trust Fund has performed an "invaluable service" but "has reached the end of its mandate" following the end of the pandemic.
"I thank the trustees as well as all donors and contributors to the fund", the president appreciated.
Source: Classfmonline.com
Trending News
Lawyer slams Ghana, ECOWAS over silence on Togo’s constitutional crisis
12:38Ghanaian extradited to U.S. over multi-million dollar romance scam
06:58Asantehene meets Kusang Traditional Council in push for lasting peace in Bawku
12:31TEWU-GH declares indefinite nationwide strike over union representation dispute
12:23Volta GWCL boss outlines achievements and urges sustained commitment amid transition
00:11GJA goes to the polls today
13:34Communications Minister assures press freedom as anti-misinformation Bill heads to Parliament
11:54Fafa Radio CEO calls for unity and support for new GJA leadership
23:55E/R: Atiwa West DCE leads reclamation drive to combat dangers of abandoned mining pits
09:40Ashanti Regional Lands Commission board inaugurated to enhance land governance
11:38