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May 20th , 2024

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HALT CAR PURCHASES FOR OFFICEHOLDERS, REVIEW FSHS – ECONOMIST TO GOVERNMENT

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Head of Economics Department at the College of Ghana, Teacher William Baah Boateng has called on the government to execute more forceful measures to cut down on government use.

 

 

Agreeing to him, it was almost time the President and or the Back Serve present modern severity measures to diminish the weight on the fiscal arm of Ghana’s financial administration.

 

Talking on JoyNews’ PM Express Commerce Version, he expressed that the government may start by issuing a explanation stopping all modern car buys for government authorities.

 

“Government attempting to illustrate that they are committed. They know that there are challenges hence government is committed to bring down the consumption on their side. I am anticipating a explanation from the President or from Serve of Back attempting to tell all ministries whether priests or gracious workers not to purchase any unused vehicle for any office holder.

 

 

 

“Once you do that it implies you’re doing two things. One, you're attempting to diminish your use and two the importation of these vehicles will too send signals to the open simply are committed to doing this,” he said.

 

He moreover called for a survey of a few social interventions presented by the government.

 

He clarified that considering the current financial climate, maintaining these social interventions will be a strain on the state coffers, in this way government ought to see at investigating them to discharge more stores into the economy.

 

 

“At that point there are other things that government will ought to see at, exceptionally extreme measures. I cruel, social interventions that government rolled out since 2017 are exceptionally great and I think it is tall time government rethinks almost a few of these social interventions and save a few kind of cash and decrease the weight on the fiscal arm of financial administration.

 

“And perhaps it'll be troublesome to specify free senior tall, I think government has to survey that and after that go the way that utilized to be in terms of giving bursaries or bolster for the penniless whereas those who can bear will continue to pay. And in that case government will be able to free up a few assets for other zones,” he said.

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