Parliament is set to resume from recess on Tuesday, June 11, 2024. This was announced in a statement issued by the Speaker of Parliament, Alban Bagbin, on Monday, May 27.
According to the release, the Speaker is exercising his authority under Order 58 of the standing orders of Parliament to reconvene the house.
“Pursuant to Order 58 of the standing orders of the Parliament of Ghana, I, Alban Sumana Kingsford Bagbin, Speaker of Parliament, hereby give notice that the third meeting of the fourth session of the eighth Parliament of the Fourth Republic shall commence on Tuesday, the 11th day of June 2024 at ten o’clock in the forenoon at Parliament House, Accra.”
One of the primary issues on the agenda will be the government’s proposal to secure approximately $335,072,712.13 in tax exemptions for 42 companies participating in the One District One Factory initiative.
The Exemptions Act of 2022 (Act 1083), which enables these tax breaks, was initially introduced to Parliament by the former Minister for Finance, Ken Ofori-Atta, in 2022.
This Act is designed to bolster the government’s industrialization endeavors by offering financial relief to companies engaged in the initiative.
The resumption of Parliament will see members deliberating on this critical issue, among others, as they assess the potential impact of these tax exemptions on the national economy.
