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    Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

    Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

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    Cameroon: President Biya, 92, declared winner of election, secures 8th term

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    21 Burkinabes arrested for involvement in galamsey on river bodies in Amansie West District

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    Frustration in health facilities as workers return to paper-based system after LHIMS shutdown

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    Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

    Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

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    Ghana records 42 new HIV infections every day – AIDS Commission

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      Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

      Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

      Cameroon: President Biya, 92, declared winner of election, secures 8th term

      Cameroon: President Biya, 92, declared winner of election, secures 8th term

      21 Burkinabes arrested for involvement in galamsey on river bodies in Amansie West District

      21 Burkinabes arrested for involvement in galamsey on river bodies in Amansie West District

      Chief who allegedly killed a trainee nurse in Mankessim arrested

      2 Labourers jailed three years for stealing floor tiles

      Frustration in health facilities as workers return to paper-based system after LHIMS shutdown

      Frustration in health facilities as workers return to paper-based system after LHIMS shutdown

      Chief who allegedly killed a trainee nurse in Mankessim arrested

      Police Inspector gets life imprisonment for murder of girlfriend

      Trending Tags

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      Kumasi vigil for Daddy Lumba postponed indefinitely

      Kumasi vigil for Daddy Lumba postponed indefinitely

      Shatta Wale’s Lamborghini seized by EOCO in joint FBI operation

      Man named by EOCO in Shatta Wale Lamborghini seizure serving 7 years in US jail over $4million fraud

      Shatta Wale’s Lamborghini seized by EOCO in joint FBI operation

      Shatta Wale’s Lamborghini seized by EOCO in joint FBI operation

      Thousands turn up for Daddy Lumba vigil

      Thousands turn up for Daddy Lumba vigil

      Highlife legend Daddy Lumba pass away at 60

      Bank Hospital denies breach of confidentiality in Daddy Lumba’s care

      Pastor in court over alleged assassination prophecy about Shatta Wale

      Pastor in court over alleged assassination prophecy about Shatta Wale

      Trending Tags

      • Shatta Wale
      • Wendy Shay
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      Kotoko fans angry over club’s decision to sell Amoah

      Kotoko fans angry over club’s decision to sell Amoah

      Kotoko crashed out of CAF Confederation Cup after 5–1 defeat to Wydad

      Kotoko crashed out of CAF Confederation Cup after 5–1 defeat to Wydad

      Live Streamed: Asante Kotoko vs WAC

      Live Streamed: Wydad Athletic Club vs Kotoko

      Ghana nominated for National Team of the Year in 2025 CAF Awards

      Ghana nominated for National Team of the Year in 2025 CAF Awards

      Belgium keen on handing Ghana’s Francis Amuzu call up

      ‘I am not an opportunist’: Francis Amuzu denies chasing World Cup spot with Black Stars switch

      Belgium keen on handing Ghana’s Francis Amuzu call up

      I want to play for Ghana with or without World Cup – Francis Amuzu

      Kotoko 0-1 Wydad: There were mistakes and they affected us- Karim Zito

      Kotoko 0-1 Wydad: There were mistakes and they affected us- Karim Zito

      Police investigate ‘unnatural’ death of Senegalese goalkeeper in Kumasi

      Police investigate ‘unnatural’ death of Senegalese goalkeeper in Kumasi

      Live Streamed: Asante Kotoko vs WAC

      Live Streamed: Asante Kotoko vs WAC

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      Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

      Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

      Single women contributed more to the spike in HIV/AIDS than men – Study

      Ghana AIDS Commission alarmed as youth abandon condoms

      Frustration in health facilities as workers return to paper-based system after LHIMS shutdown

      Frustration in health facilities as workers return to paper-based system after LHIMS shutdown

      Ghana records 42 new HIV infections every day – AIDS Commission

      Ghana records 42 new HIV infections every day – AIDS Commission

      DR Congo starts Ebola vaccinations in east of country

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      Ghana records two new Mpox cases, total now 119 – GHS

      20 new Mpox cases confirmed in Ghana bringing total to 302

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        This Ashanti Prince designed and built a signal station in Trinidad for the British in 1883

        Songo, the African tribe where children are raised by their uncles

        Songo, the African tribe where children are raised by their uncles

        Manhyia puts a ban on funerals in Asanteman

        Details of the symbol of authority of the Ashanti Region, the Asanteman flag

        The story of the Ghanaian professor emeritus who did not attend secondary school

        The story of the Ghanaian professor emeritus who did not attend secondary school

        The intriguing history of the ancient Egyptian bust that looks like Michael Jackson

        The intriguing history of the ancient Egyptian bust that looks like Michael Jackson

        Meet the African tribe that offers free sex to guests

        Meet the African tribe that offers free sex to guests

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        Meet Kobena Sekyi, the educated elite who never wore European clothing

        This African tribe from Togo and Benin were experts in penis enlargement way before plastic surgery

        This African tribe from Togo and Benin were experts in penis enlargement way before plastic surgery

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      Only GH¢6m out of GH¢600m expected E-Levy revenue realized – Gabby Otchere-Darko cries

      Failed ‘Coup D’état’ in NPP?

      Gabby Asare Otchere-Darko

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      Leading Member of the ruling New Patriotic Party, Gabby Otchere-Darko, has bemoaned the failure of measures put in place by the government to raise revenue for Ghana.

      In a series of tweets shared on social media, he has spoken about the current economic situation of Ghana.

      He posits that despite the huge expectations that birthed the idea of imposing a 1.5% levy on electronic transfers, the government has been able to realise only 10% of its expected revenue from the controversial E-Levy.

      “After 5 months of stalemate and bashing, the e-levy, after implementation, is delivering only 10% of estimated revenues; our revenues remain very low as compared to the rest of the world; debt levels dangerously high, cedi, like most currencies, struggling against the US dollar,” he said.

      According to him, the 10% revenue generated from the E-Levy translates to some GH¢60 million out of the GH¢600 that the government expected to realise from the policy since it came into effect on May 1, 2022.

      “Our economy is growing faster than most countries around the world. But, that alone can’t save us as confidence in our ability to service our debts is lowering. We can’t continue to use all the little revenues raised to pay our debts. Very soon we may have to borrow to pay wages!

      “What options are open to government? The question should rather be: what option, if adopted, will re-inject investor confidence in our economy? Even if we find the $3-5 billion required, will that help? E-levy which was to have given us some 600m by now has done less than 60m,” he indicated.

      He further pointed out that despite several concerns coming out of the recent rise in food prices, the country is not experiencing a food crisis.

      “Ghana has no food crisis, enough food from our farms, yet food prices have shot up 3-4 times more in our cities, far & over above rising cost of transportation. To make matters worse, global food insecurity is worsening as inflation, from challenges with supply chain, worsens,” the NPP stalwart said.

      Gabby Otchere-Darko emphasized that a bailout from the International Monetary Fund might not be the best choice for Ghana’s struggling economy even though he noted that he is not fundamentally opposed to an IMF program.

      He, however, pointed out that an IMF bailout may as well be one of the limited options available to the government under the circumstance.

      Read his full tweets below:

      After 5 months of stalemate and bashing, the e-levy, after implementation, is delivering only 10% of estimated revenues; our revenues remain very low as compared to the rest of the world; debt levels dangerously high, cedi, like most currencies, struggling against the US dollar Ghana has no food crisis, enough food from our farms, yet food prices have shot up 3-4 times more in our cities, far & over above rising cost of transportation. To make matters worse, global food insecurity is worsening as inflation, from challenges with supply chain, worsens.

      Our economy is growing faster than most countries around the world. But, that alone can’t save us as confidence in our ability to service our debts is lowering. We can’t continue to use all the little revenues raised to pay our debts. Very soon we may have to borrow to pay wages!

      What options are open to government? The question should rather be: what option, if adopted, will re-inject investor confidence in our economy? Even if we find the $3-5 billion required, will that help? E-levy which was to have given us some 600m by now has done less than 60m.

      What options are open to government? The question should rather be: what option, if adopted, will re-inject investor confidence in our economy? Even if we find the $3-5 billion required, will that help? E-levy which was to have given us some 600m by now has done less than 60m.

      — Gabby Otchere-Darko (@GabbyDarko) June 27, 2022

      There’s, understandably, a national aversion to an IMF program, because of the history of conditionalities which attack sacred cows like jobs and social interventions. Akufo-Addo will not sacrifice free SHS and other critical welfare policies to help the poor for any assistance.

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      Ghana needs GHS6bn to employ 74k unemployed health workers – Akandoh

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      ADVERTISEMENT

      Yes our revenue to GDP ratio is among the lowest in the world (even in Africa!); but with the current global hardships, and cost of living rising everywhere in the world, a decision by any govt to intensify taxation measures especially for workers may not be too clever.

      ADVERTISEMENT

      Ghana is a member of the IMF. The world is in serious crisis. Ours is not helped by our high debt and low income levels. With the economy still growing, but investor confidence low, govt being compelled to cut down capital expenditures will eventually lead to job losses unless we do something that will inject confidence in our capacity to ride this heavy storm and that something should happen pretty quickly. Are you against an IMF program?

      I am not for an IMF program that throws peanuts at us but imposes conditions that will end up hurting the poor, jobs and businesses more. Covid-19 and War in Ukraine are not of Africa’s doing but more to our doom. A program that pretends it is all our doing is doomed to fail.

      Am I against an IMF program in principle? No.

      source: Ghana Web

      Tags: E-Levy

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