Former President John Mahama has thrown his support behind organized labour’s plea to the government to halt the imposition of Value Added Tax (VAT) on electricity.
Mahama expressed concern that this move would exacerbate the economic challenges faced by Ghanaians.*
In a Facebook post, the leader of the National Democratic Congress (NDC) warned the implementation of VAT on electricity consumption could lead to a nearly 21% increase in tariffs, subsequently affecting the prices of goods, services, and transportation fares.
He urged the government to reconsider its decision to provide relief to the already burdened citizens.
The former president criticized the Akufo-Addo-Bawumia government, asserting that as long as they remain in office, Ghanaians will continue to endure economic hardships.
He called for responsible utilization of the recently released $600 million by the International Monetary Fund (IMF) and cautioned the outgoing government to exercise prudence.*
Mahama, who is also the NDC flag bearer, assured that the party is ready to address Ghana’s economic challenges upon assuming office in January 2025.
He stressed his vision to create well-paying jobs through initiatives like the 24-hour economy policy.
