NDC should stop taking economic policy directions from Facebook – Ken Ofori Atta

Finance Minister, Ken Ofori Atta, has advised the opposition National Democratic Congress, NDC, to stop taking economic lessons and directions from social media platforms, particularly on Facebook line, hook and sinker.

Presenting the Mid-Year Budget Review to parliament on Thursday, the finance minister said the penchant of politicians taking information published on social media line, hook and sinker must cease immediately.

He continued, “We are not increasing value Added Tax, VAT. There have been several speculations in the media but I want to tell this August House that we are not increasing VAT, so our brothers on other side must take notice.

“I would also urge them to stop taking economic directions from social media, they should rely on the right source,” Ken Ofori Atta asserted.

Prior to the presentation, speculations were rife in the media that government was taking steps to increase VAT – provoking wide spread condemnations from members of the Minority and some civil society groups.

As a result, the Minority threatened to hit the streets if new taxes are imposed on the ordinary Ghanaian.
The Minority in a media dialogue on Monday said the populist approach the New Patriotic Party, NPP, government adopted upon assumption of office has jeopardized the national economy.

“The current economic situation in the country is compelling managers of the economy to impose a raft of taxes on the already burdened populace,” the Minority spokesperson on Finance, Cassiel Ato Forson intimated.

The fiscal problem, the Minority continued, “Is the direct result of shallow opportunism and populism.”

“It is obvious that the promises made by the NPP in 2016 and their initial actions as contained in the 2017 budget were intended only to get them elected.

“The reality however, is that it has led to a major problem for the economy, translating into severe hardship for the generality of our people,” he added.

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