{"id":283469,"date":"2017-01-10T12:00:58","date_gmt":"2017-01-10T12:00:58","guid":{"rendered":"http:\/\/citifmonline.com\/?p=283469"},"modified":"2017-01-10T12:00:58","modified_gmt":"2017-01-10T12:00:58","slug":"be-measured-in-expectations-of-new-govt-nana-otuo-acheampong","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/01\/be-measured-in-expectations-of-new-govt-nana-otuo-acheampong\/","title":{"rendered":"Be measured in expectations of new gov\u2019t \u2013 Nana Otuo Acheampong"},"content":{"rendered":"<p><strong><\/strong>Businesses may have to be moderate in their expectations of the new government in addressing their concerns immediately.<\/p>\n<p>[contextly_sidebar id=&#8221;H9VvpyfaykpCapwvXxQUhv6s86XoLwOk&#8221;]This is the suggestion from Banking Consultant, Nana Otuo Acheampong.<\/p>\n<p>His advice comes on the back of renewed calls by various business associations on their expectations following the inauguration of President Nana Akufo-Addo.<\/p>\n<p>The calls have largely bordered on taxation, job creation, ministerial appointments among others.<\/p>\n<p>\u201cWe would expect that some of these measures may take off immediate effect others may take short to medium term effect and some may also take long term effect,\u201d<\/p>\n<p>\u201cBut as to be able to give specific dates as three months, six months or a year, that can only be given\u00a0 by a minister chosen for\u00a0 finance because he or she will be the one who has access to documents and can tell us what they have found,\u201d Nana Otuo Acheampong stated.<\/p>\n<p>The Ghana Union of Traders\u2019 Association (GUTA) has reiterated its anticipation of a reduction in 17.5 percent VAT to 3 percent flat rate plus the elimination of the import levy charged at the ports.<\/p>\n<p>Meanwhile bankers say they are upbeat about a turnaround in the sector with the President\u2019s reassurance to develop the private sector.<\/p>\n<p>Nana Otuo Acheampong further explained that most of the government\u2019s promises will largely be achieved upon a careful analysis of available information from the previous government and the transition team.<\/p>\n<p>\u201cThe transition team is still working on the handing over notes that have been given and so they haven\u2019t yet published to those of us who are not in the team as to what has been seen but whatever it is the assurance by the President is that Ghana is once again open for business,\u201d he stressed.<\/p>\n<p>For the Importers and Exporters Association however, efforts must be geared at attaining a stable currency for at least the first quarter of 2017.<\/p>\n<p>&#8211;<\/p>\n<p>By: Pius Amihere Eduku\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businesses may have to be moderate in their expectations of the new government in addressing their concerns immediately. [contextly_sidebar id=&#8221;H9VvpyfaykpCapwvXxQUhv6s86XoLwOk&#8221;]This is the suggestion from Banking Consultant, Nana Otuo Acheampong. His advice comes on the back of renewed calls by various business associations on their expectations following the inauguration of President Nana Akufo-Addo. The calls have [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,171,11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Be measured in expectations of new gov\u2019t \u2013 Nana Otuo Acheampong - Citi 97.3 FM - Relevant Radio. 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