Finance Committee’s Change in Leadership Paves Way for Approval of €1.5 Million Tax Waiver
Parliament has given the green light to the first of several tax waivers previously obstructed by the Finance Committee.
The approved waiver, amounting to €1.5 million, is designated for the supply and installation of e-learning laboratories in Senior High Schools nationwide.
This development follows the recent removal of Kwaku Kwarteng, MP for Obuasi West, from his position as Chair of the Finance Committee.
Mr Kwarteng had been accused of aligning with the Minority to block nearly $400 million in tax waivers. His departure has seemingly paved the way for these approvals to progress.
Speaking on the floor of Parliament, Vice Chair of the Finance Committee, Carlos Ahenkora, articulated the necessity of the waivers, highlighting their potential benefits for educational infrastructure.
In an unexpected move, the Minority did not oppose the tax waiver.
Minority Leader Dr. Cassiel Ato Forson explained that this particular waiver was non-controversial and aligned with an already approved loan facility of €11.5 million.
“The tax waiver is approximately 10% of what has been approved and is aimed at providing E-Learning equipment such as computers, laptops, and ICT-related devices to secondary schools across the country,” Dr. Forson stated.
The Minority Leader further praised the Education Minister for ensuring the equitable distribution of the project across various regions.
