Import tax on smart phones <\/strong><\/p>\n The Minister dismissed assertions that the removal of the 20 percent import tax on smart phones was as a result of the local industry\u2019s inability to meet the growing demands for the product.<\/p>\n Speaking to Citi News<\/strong>, the Finance Minister said government removed the import tax to check smuggling, make smart phones accessible to Ghanaians and increase government\u2019s revenue.<\/p>\n \u201cWhen we increased the duty it was with the view of leveling the plain field of local production because if you don\u2019t do that you don\u2019t protect your local production,\u201d the Minister explained<\/p>\n Seth Terkper while presenting the budget revealed that government has removed import duties on smart phones <\/a><\/strong><\/span>to bridge the digital divide in the country.<\/p>\n The directive follows concerns raised by some importers of mobile and accessories over the negative impact the taxes were having on their businesses.<\/p>\n Ghana to receive gas to boost energy production<\/strong><\/p>\n The Minister also revealed that government will soon receive gas from various sources to boost its energy generation systems.<\/p>\n \u201cThanks to the policies that we put in place, we are going to get our own gas that will help the situation. It is not 100 percent, but at least it will help the situation. We have also put a trajectory in place for the next three years as we take on our own gas\u2026\u201d<\/p>\n <\/p>\n By: Marian Efe Ansah\/citifmonline.com\/Ghana![\"B9\"](\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/11\/B9.jpg\")
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