were abolished<\/a><\/strong><\/span> to the\u00a0glee of stakeholders.<\/p>\nVice President, Dr. Mahamudu Bawumia, defended the budget saying it gave Ghanaians, a new sense of hope, as the components of the budget indicated government\u2019s commitment to realizing all the promises it made to Ghanaians during the 2016 election campaign period.<\/p>\n
Insignificant taxes removed, reviewed\u00a0<\/strong><\/p>\nBut speaking on Citi TV’s Politicos\u00a0<\/strong>to Citi News’ Umaru Sanda Amadu, Mr. Kwetey maintained that, government had run away from its promises to remove or review more impactful taxes, like the energy sector levy, or the reduction in corporate income tax as promised ahead of the 2016 elections.<\/p>\n\u201cThere is something called running away from the camel and taking care of the insects. What it means is that, if there are big things you need to deal with, you can run away from the big things and do away with the insignificant one in order to deceive the people,\u201d he explained.<\/p>\n
\u201cIf you add them [taxes reviewed or abolished] in terms of value, they don\u2019t even amount to the reduction of corporate income tax from 25 to 20 percent, let alone anywhere near the energy sector levy.\u201d<\/p>\n
![\"419-budget\"](\"http:\/\/citifmonline.com\/wp-content\/uploads\/2017\/03\/419-budget.jpg\")
<\/p>\n
Mr. Kwetey reminded Ghanaians that, President Nana Akufo-Addo assured the Association of Ghana Industries (AGI) he was going to abolish the energy sector levy, and he told the country he was going to reduce corporate income tax from 25 to 20.<\/p>\n
“These are clear\u00a0and explicit statements that he made. You don\u2019t come and look for a\u00a0reduction of levies that when you put them together, amount to very little. That is like deceiving the country. He has come to treat a little wound in order to make you feel like they have done something about it. That is what you call subterfuge and that is why calling it 419 is appropriate\u201d<\/p>\n
–<\/p>\n
By: Delali Adogla-Bessa\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
The Akufo-Addo government\u2019s maiden budget statement delivered by Finance Minister, Ken Ofori Atta, was met with jeers of \u201c419 budget\u201d from the Minority in Parliament, and the NDC MP for Ketu South, Fifi Kwetey, has justified the minority’s description of the budget. According to him, the New Patriotic Party government has ostensibly hoodwinked Ghanaians by […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[58,10,11],"tags":[4657,4658,4533,3],"yoast_head":"\n
NPP's '419 budget' avoided significant promises - Fifi Kwetey - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2017\/03\/npps-419-budget-avoided-significant-promises-fifi-kwetey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NPP's '419 budget' avoided significant promises - Fifi Kwetey - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"The Akufo-Addo government\u2019s maiden budget statement delivered by Finance Minister, Ken Ofori Atta, was met with jeers of \u201c419 budget\u201d from the Minority in Parliament, and the NDC MP for Ketu South, Fifi Kwetey, has justified the minority’s description of the budget. 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