Budget: Agyapa, Aker review a good step to dealing with vexed issues – Franklin Cudjoe

Franklin Cudjoe

Franklin Cudjoe, Founding President of Imani Africa says the review of the Agyapa deal and the Aker Energy/ Ghana National Petroleum Corporation (GNPC) agreement in the 2022 budget is a good step to dealing with vexed issues.

Finance Minister, Ken Ofori-Atta, has revealed that government has officially written to parliament to make modifications on the 2022 budget.

He said this during a press briefing to explain into details the 2022 Annual Budget Statement as part of the Ministry’s post budget sensitisation activities.

 “With regards to Agyapa Royalties Ltd, we shall amend paragraphs 442 and 443 to take out references to mineral royalties collateralisation. It is important to note that, any reference to Agyapa was for informational purposes, and as such was not reflected in the fiscal framework,” Ken Ofori Atta said.

Reacting to the amendment in a Facebook post, Franklin Cudjoe said it was a good first step to dealing with the vexed issues in these agreements.

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Franklin Cudjoe added that he hopes there would be an emphatic statement on the E-levy, beyond consultation with the Minority and a clarification on agency fees for collecting same.

“I have read the Finance Minister’s statement on the 2022 budget. The part on Agyapa and Aker deals are a good first step to dealing with the vexed issues. We will watch the space.

“I had hoped there would be an emphatic statement on the E-levy, beyond consultation with the Minority and a clarification on agency fees for collecting same. Admittedly, we are in the hardest of times with a debt overhang so perilous that girding our collective loins seems inescapable.

“The Minority should continue discussing with government, but charity begins with the government- at least reduce the budget to the office of government machinery by 25%. It can help build a few school blocks. Carpe diem.” Franklin Cudjoe said in Facebook post.

Ghana | Atinkaonline.com | Vivian Adu | [email protected]

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