Gov’t considering a waiver on electricity tariffs-Majority Leader
ted the government is considering a waiver on electricity tariffs as the fight against the coronavirus intensifies.
He disclosed that the government is weighing its options before such a decision is made.
“The president has since last week been talking about this, that he is considering whether or not the nation will have money. This matter has come before Cabinet. Cabinet is discussing it and Cabinet will make a decision. Of course, you have to look at the inflows. Don’t forget that revenues have cascaded downwards, petroleum revenue, tax revenue too, and now there is a slowdown,” the Suame MP said.
He said the country’s economy risks getting into a difficult position if the pandemic continues for the next four months.
Already, the government has announced it will absorb water bills for consumers for April, May and June.
This is to cost the nation an amount of Ghc 200 million including sanitation.
The Finance Minister made this known when he presented a paper on the Coronavirus Poverty Alleviation Programme (CAP) on Wednesday.
The Minister in his presentation said an amount of GH¢280 million will go into food packages and hotmeals while GH¢40 million to the National Buffer Stock Company.
An additional GH¢241 will cover tax waiver for health personnel.
According to him, GH¢80 million will be spent on the allowance for health staff, GH¢2 million will be used to cover transportation for health workers GH¢600 million will be disbursed as soft loans to businesses.
By: Rashid Obodai Provencal