By Mercy Darko
Vice President Mahamudu Bawumia says Ghana needs to re-assess the exploration of natural resources to enable the country to fully reap the benefits thereof.
He said the situation where the country gets peanuts from its numerous resources, especially precious minerals, should change. This is why he will “set up a Minerals Development Bank that will provide the needed funding to enable Ghanaians to explore and mine concessions and also remove taxes on exploration”.
He made these remarks when he engaged members of the Ghana National Chamber of Commerce and Industry in Accra.
The President of the Ghana National Chamber of Commerce and Industry, Dr Clement Osei Amoako, lauded the decision by Vice President Mahamudu Bawumia to grant tax amnesty to businesses and individuals to ease the burden if voted into power in the upcoming general election.
Speaking to Business News, Dr Osei Amoako described the news as welcoming, saying “this will not only encourage businesses to honour their tax obligations, but also enable the private sector to thrive”.
He pledged the commitment of Chamber to support his vision.
Dr. Osei Amoako called for more engagements with the private sector to solicit their inputs into political Manifestos.
He is of the view that policies stated in manifestos, especially for the private sector, should be binding on all, regardless of one’s political affiliation.
