Government And IMF Talk About An Alternative To The Power VAT Suspend

We have to look at the objective of getting strength in the fiscal position of the government. There are different measures that we can adopt to achieve this,” she noted.

“We are still debating, but in order to assure debt and fiscal sustainability, the government needs to look within,” she said. Therefore, our group will assist in achieving it in this way.

Recall that last month, the administration put a stop to the planned application of a 15 percent value-added tax (VAT) on power consumed domestically.

The Northern Electricity Distribution Company (NEDCo) and the Electricity Company of Ghana (ECG) were instructed by the Ministry of Finance to continue imposing the fee until labor unions and other industry participants had received adequate consultation.

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