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Business & Finance

Seth Terkper bemoans Ghana’s revenue performance

By : cd on 19 Mar 2021, 11:31     |     Source: citinewsroom

Seth Terkper

Former Finance Minister, Seth Terkper has once again bemoaned the country’s debt collection methods as well as its revenue performance in recent years.

This, according to him, can partly be blamed on non-response to the rebasing of the country’s GDP.

He made these assertions in a post-budget dialogue organized by Citi TV and the University of Professional Studies, Accra (UPSA) on Thursday, March 18.

On his part, the President’s representative at the Ministry of Finance, Charles Adu-Boahen noted that the introduction of new taxes and levies will help in creating revenue streams to cater for the procurement of COVID -19 vaccines to ensure the achievement of herd immunity within the period of the vaccine’s efficacy.

The post-budget dialogue themed ‘Breaking down Ghana’s Red 2021 budget’, was focused on sharing effective alternatives that government can consider to achieve its targets pertaining to revenue, expenditure and debt.

The participants in the dialogue included top personalities from academia, government representatives, captains of industry, and the public.

Some of the speakers at the programme were Charles Adu-Boahen, the President’s representative at the Ministry of Finance; Seth Terkper, a former Minister of Finance and Alex Ampaabeng, a tax policy analyst.