Youth in Accountable Governance calls on Parliament to pass pending revenue bills
In a statement, the convener, of YiAG, Benjamin Jehu-Appiah, indicated that the three revenue bills are critical to the country's growth
Youth in Accountable Governance, a non-partisan movement of young people committed to promoting transparency, accountability, and good governance, is urging Parliament to pass three critical pieces of legislation: the Excise Duty Bill, Income Tax Bill No. 2, and the Growth and Sustainability Bill.
In a statement issued on Thursday 30 March 2023 and signed by the convener, Benjamin Jehu-Appiah, the Youth in Accountable Governance, indicate that the three revenue bills “are critical to promoting sustainable economic growth and improving the lives of all citizens”.
The three revenue bills; Excise Duty Bill, Income Tax Bill No. 2 and Growth and Sustainability Bill, once passed, is expected to generate about GHc 4 billion cedis annually.
First, Tlthe Excise Duty Bill will help to increase government revenue and reduce the budget deficit, which will in turn lead to greater investment in social services such as education, healthcare, and infrastructure.
Second, the Income Tax Bill No. 2 will ensure that the tax system is fair and equitable and that all citizens and corporations pay their fair share.
Third, the Growth and Sustainability Bill will promote sustainable economic growth and ensure that our natural resources are managed in a responsible and sustainable manner.
“We believe that these interventions are crucial for the growth and sustainability of our economy. These bills will have a positive impact on the lives of all citizens, particularly young people, who are the future of this country.
“We therefore call on all Members of Parliament to put aside partisan differences and work together in the best interests of the country. These bills have a direct impact on the economy and the livelihoods of citizens” the Youth in Accountable Governance statement read.
“We urge the government to consider the long-term effects of these bills and ensure that they are implemented in a fair and just manner. We urge them to pass these bills without delay and show their commitment to promoting good governance and accountability.
“We also call on civil society organizations, the media, and all citizens to support our efforts in urging Parliament to pass these bills. Together, we can build a brighter future for all citizens” the statement further read.
Wilberforce Asare
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