GOVERNMENT REVENUE MOBILIZATION STRATEGIES NOT AMBITIOUS ENOUGH //DR JOHN KWAKYE

GOVERNMENT REVENUE MOBILIZATION STRATEGIES NOT AMBITIOUS ENOUGH// DR JOHN KWAKYE

The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has stated that the government’s revenue agreement with the International Monetary Fund (IMF) for revenue generation is not ambitious enough.

According to him, the government can raise its revenue generation through several ways but not the one agreed on with the International Monitory Fund(IMF).

He made this assertion at an Economic Governance Platform organized organised program on Ghana’s IMF BAILOUT program under the theme: The 17TH IMF BAILOUT: WHAT DID GHANA SIGN UP FOR?

He, therefore, noted that they believe there will not be enough changes to the 2023 MID Year Budget review, saying the budget must be in line with the agreement with the IMF.

The Executive Director for Peasant Farmers Association, Dr. Charles Nyaaba, revealed that going into the mid-year budget review said, they expect the government to subsidize agro products which will help reduce expenditure in the sector as he also made other recommendations as well.

He is of the view that Ghana can make progress in the agric sector from where we are as a country if only we scale up activities under the economic enclave project to other regions.

Story by Fada Amakye from Daily Sun106.com