The Food and Beverages Association of Ghana (FABAG) has expressed its disappointment with Parliament’s approval of the government’s three new revenue tax bills.
Parliament before going on break, passed the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, the Ghana Revenue Authority Bill 2022, and the Income Tax Amendment Bill 2022.
Reacting to the passage of the bills, the Spokesperson for the Association, John Awuni said it is disappointing that Ghana’s lawmakers disregarded the cry and agitations of the people and went ahead to have the bills approved.
Mr. Awuni also lamented the absolute disregard of the Association’s petition against the passage of the bills which he said a simple dialogue could have prevented the passage of the unfriendly policies.
The Association says it petitioned the Speaker of Parliament, the Trade Committee, and the Finance Committee and even petitioned the Majority and Minority Leaders in Parliament, but Parliament still went ahead and passed the bills.
The Association is certain that a dialogue between all the parties would have bought a positive outcome.
The Association is therefore calling on the government to suspend these laws and engage all parties to find ways to achieve the target without hurting businesses.
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