MP blasts finance minister after 2019 budget statement

MP blasts finance minister after 2019 budget statement

- The MP for Ketu South, Fiifi Kwetey, has described the minister of finance, Ken Ofori-Atta as stupid and stubborn

- His comment was in respect of a reduction of a category of personal income tax from 35% to 30%

- Those with incomes GHC20,000 and above will now pay a personal income tax of 30%

The Member of Parliament (MP) for Ketu South, Fiifi Kwetey, has lashed out at the minister of finance, Ken Ofori-Atta, after the reading of the 2019 budget statement in parliament on Thursday, November 16, 2018.

According to him, it is tragic that even after persistent warnings, the government initially implemented a 35% income tax of incomes ranging from GHC10,000 and above.

Reading the 2018 mid-year budget review, Ofori-Atta revealed that the measure was intended to raise more revenue for the government to meet its revenue target for the 2018 fiscal year.

A man standing behind a podium

Fiifi Kwetey, MP for Ketu South Source: UDP Ghana

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Presenting the 2019 budget on the floor of parliament, Ofori-Atta however indicated that upon further deliberations, the government has decided to reduce income tax for persons earning GHC20,000 and above to 30%.

Kwetey however said that there is nothing praiseworthy about the budget, as a measure that was not needed has simply been eliminated.

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“It’s a tragedy for this country that you have a finance minister who actually has been warned by people in government and therefore knows better and refused to listen, stubbornly refused to listen, it’s like you are going the wrong direction and we tell you where you are going is wrong, until you go and your car crashes then you come and turn around and you want us to applaud you?

Applaud you for that stupidity and stubbornness, no, that’s nothing to be applauded for”, he said.

In his opinion, a ‘listening’ government should not wait to change decisions only after enough harm has been done.

READ ALSO: We have eased the hardships on Ghanaians - Finance minister

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