- Spare part dealers at Abbosey Okai are urging government to fulfill its campaign promises
- They claim they are still under economic duress despite the six month reign of government
Some spare part dealers at Abossey Okai say they are yet to feel the “change” promised by the Nana Addo administration.
These frustrated spare part dealers are arguing that it’s already been 6 months since the NPP took office and yet, “things remain the same”.
In an interview with Joy FM, these spare part dealers complain that the hike in prices and the stiff nature of the economy is still having a toll on their businesses thus calling on government to act fast on its campaign promises.
It would be recalled that the finance minister, Ken Ofori Atta in the 2017 budget revealed the cancellation on VAT on the importation of spare parts, a decision which saw massive jubilation among some of these dealers at Abossey Okai.
“It’s been 6 months now and yet, things are still the same. We are still suffering and the economy is still where it was in 2016,” one spare part dealer lamented.
The lamentations of these traders at the Abbosey Okai spare part market follow the summons of the finance minister to parliament on the implementation of a said 3 percent flat VAT rate. The finance minister has revealed that the VAT still stands and that government will not consider any revocation of it.
Meanwhile, some business men and women say the VAT is likely to affect their cost of production and that they might pass on the cost to consumers – a development which could result in the high pricing of goods and services in the country.
Do you have any story to share with YEN? Get featured! We are available on Facebook and email via email@example.com