Tuesday , 16 January 2018

Vice-President Bawumia hails 103 achievements in 100 days

bawumia-answersVice President Dr Mahamadu Bawumia has highlighted 103 achievements under President Nana Akufo-Addo to mark the 100th day of his presidency.

Speaking at a Town Hall meeting on Monday at the new court complex in Accra organised by Joy FM,  the vice president described his boss as “workaholic president” who has achieved a lot in his 100 days in office.

He said the Akufo-Addo government inherited a difficult economic situation “where the finances of government were in a very bad shape.”

However, he said the governing New Patriotic Party had made specific “promises to reduce taxes, restore nursing training allowance, one district, one factory, one village one dam and one million dollars for each constituency.”

“And at the same time we said that we were going to bring down the deficit and increase government revenue,” he said. “This was the background against which we went into the budget discussions for 2017. And thankfully by the grace of God, we’ve been able to accomplish what many people thought was impossible.”

According to him, the NPP’s first budget moved away from taxation to production, saying the focus was to give incentives to the private sector to bring down tax rate and encourage more production.

Highlighting the 103 achievements, the vice president said tax on spare parts has been abolished, “we reduced the national electrification levy from 5% to 3%, reduce the public lighting levy from 5% to 2%, reduce the special petroleum tax levy from 17.5% to 15%, we replaced the 17.5% VAT on small traders with a flat rate of 3% and we granted tax exceptions on stocks traded on the Ghana Stock Exchange or publicly held securities approved by the Securities and Exchange Commission.”

“These were the major the tax change and they are indeed achievements of this government,” he said.

According to him, the 2017 budget “returned Ghana back onto the path of fiscal consolidation with a budget deficit target of 6.5% we ended 2016 with a budget deficit of close to 9% and we are going to bring it down this year to 6.6%.”

He said government also created fiscal space by capping earmarked funds of government agencies, describing it as a “remarkable reform” which successive government could not do.

“Government also created a lot of fiscal space by capping earmarked funds to 25% of government revenue and realigning expenditures to government priorities. This capping of the earmarked funds is a remarkable reform,” he said.

He said the capping created the need space for the government to spend because the budget was under stress from wages and salaries and other commitments.

“We began the process of re-profiling the public debt. As you know the public debt ended at GHC122 billion in 2016. And we as a matter of strategy began re-profiling our debt. This means we are replacing more expensive debt with less expensive debt. Short term debt with longer term debt,” he said.

He said the last 100 days has seen a massive increase in the foreign exchange reserves

“From independence in 1957 to the end of 2016, Ghana’s total foreign reserve was $6 billion. In less than hundred days, we have increased those reserves from $6 billion to $8 billion”

He has such prudent management of the economy boost investor confidence in the economy.

Bawumia further said the exchange rate has stabilised and the cedi has appreciated in value.

“We want to make sure that we pursue sound policies to keep the cedi stable,” he said. “Inflation has come down from 15% when we came into office to 12.6% now.”


  1. Pingback: URL

  2. Pingback: teacher observation software

  3. Pingback: free – online games

  4. Pingback: mca

  5. Pingback: Shemale.uk - transsexual escorts london

  6. Pingback: Unterbett kaufen

  7. Pingback: friv,juegos friv,jogos friv,jeux friv,jocuri friv,games

  8. Pingback: Emobilität

  9. Pingback: Music Photography

  10. Pingback: airsoft bbs

  11. Pingback: georgia

  12. Pingback: Casinos qui acceptent les joueurs francais

  13. Pingback: Reich Isabel

  14. Pingback: Ucapan Lebaran Idul Fitri 2017

  15. Pingback: sexy teen nude video

  16. Pingback: franchise

  17. Pingback: Anonymous currency

  18. Pingback: Christ Gospel Church Cults

  19. Pingback: find more info

  20. Pingback: her latest blog

  21. Pingback: other

  22. Pingback: what is split app

  23. Pingback: netfly.se/logotyp/

  24. Pingback: best money making

  25. Pingback: what is level rewards

  26. Pingback: Zu Bassetti

  27. Pingback: urokitub.ru

  28. Pingback: alisexnude.com

  29. Pingback: bigass.alipornx.com

  30. Pingback: www

  31. Pingback: Source

  32. Pingback: mine site

  33. Pingback: Video site

  34. Pingback: Origin

  35. Pingback: See link

  36. Pingback: My homepage

  37. Pingback: See site

  38. Pingback: Homepage

  39. Pingback: Anonymous

  40. Pingback: main site

  41. Pingback: See video

  42. Pingback: feed

  43. Pingback: url site

  44. Pingback: More

  45. Pingback: Link

  46. Pingback: Site

  47. Pingback: Click here

  48. Pingback: url

  49. Pingback: Website

  50. Pingback: Go link

  51. Pingback: Pix link

  52. Pingback: Origin site

  53. Pingback: See me

  54. Pingback: Go site

  55. Pingback: Source nude freeanalz com

  56. Pingback: Web cuteten nakedgirlfuck com

  57. Pingback: Link ixfap ru

  58. Pingback: See link bestfreeporn alisextube com

  59. Pingback: Video link nudepics irkburo ru

  60. Pingback: url site anal assfuckz com

  61. Pingback: Web manitub ru

  62. Pingback: Origin site cutejap nakedgirlfuck com

  63. Pingback: Origin pornteen assfuckz com

  64. Pingback: Go link biglips nakedgirlfuck com

  65. Pingback: porn freeanalz com

  66. Pingback: Pic link dubaipornx com

  67. Pingback: My homepage pornpics sleepingbitch com

  68. Pingback: Video link dadlook nakedgirlfuck com

  69. Pingback: momson freeanalz com

  70. Pingback: url site teens hotxxmom com

  71. Pingback: See site navifact ru

  72. Pingback: Video link privatepics sleepingbitch com

  73. Pingback: More sextube tuel-spb ru

  74. Pingback: Video site young assfuckz com

  75. Pingback: url alisextube com

  76. Pingback: Click here bigcock nakedgirlfuck com

  77. Pingback: url site asianthaijapanese adult-porn-photos com

  78. Pingback: orfkuban ru

  79. Pingback: mine site alicumshot com

  80. Pingback: Homepage porntube tuel-spb ru

  81. Pingback: Video link hotpics abudhabihottestgirls com

  82. Pingback: mine site lesbian-pics jivetalk org

  83. Pingback: www sexfuck mysexydownload com

  84. Pingback: Video link babacams com

  85. Pingback: http://allfamilyincest.com/images/25-07s.jpg

  86. Pingback: Incest Comics

  87. Pingback: Incest Art Pics

  88. Pingback: 3d Incest Porn

  89. Pingback: Animated Incest Porn

  90. Pingback: 3d Incest

  91. Pingback: Incest Pics Xxx

  92. Pingback: Cock Sucked Mommy

  93. Pingback: Animated Incest

  94. Pingback: 3d Incest Sex

  95. Pingback: Incest Cartoons

  96. Pingback: 3d Anime Cartoon

Leave a Reply

Your email address will not be published.