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Home Business

AGI slam Parliament over passage of 3 new revenue bills

AGI slam Parliament over passage of 3 new revenue bills
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The Association of Ghana Industries (AGI) has become the latest business community in the country to slam Parliament over the passage of government’s three new tax bills into law.

AGI in a statement signed by its Chief Executive Officer, Seth Twum Akwaboah said the passage of the bills is detrimental to the economic growth of the country because they “pose very dire consequences for Industry.”

The Association says it was not consulted prior to the introduction and debate of the bills and that its submissions were not considered.

“We denounce the lack of stakeholder consultation on such fiscal policies, which have negative impact on businesses. AGI took steps to make input to the bills, and it’s obvious that our submissions did not receive the consideration we expected.”

 

Source: Bernard Mensah/Planbfmonline.com
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We have close down more of our shops already due to high taxes – ABOA

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