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Sat, Jul

The opposition National Democratic Congress seems incapable of fending off confusion over matters of prime national importance. The latest subject of NDC befuddlement, followed by a campaign of lies, is valued added tax (VAT). Unfortunately, with its latest "public information" campaign, the NDC has been caught napping on the job.

The plot on the part of opposition National Democratic Congress to use a speculative increase in VAT and the removal Charlotte Osei, former Chief Executive of the Electoral Commission to unleash serial demonstrations in the country fizzled yesterday, with the eloquent absence of any such measure being tabled by Finance Minister Ken Ofori Atta.

The Executive Director of Danquah Institute, Kingsley Nyarko says he is uncertain the Finance Minister would talk about an increase in the Value Added Tax (VAT) threshold when presenting the Mid-Year Fiscal Policy review in Parliament tomorrow.

Information available to the Daily Statesman suggests that the Value Added Tax may go up to 21.5 per cent from the current 17.5 per cent.

Finance Minister Ken Ofori Atta is expected to present the government’s mid-year budget review to Parliament next week.

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