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The 2020 budget did not meet our expectation – Importers and Exporters

November 14, 2019
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The 2020 budget did not meet our expectation – Importers and Exporters

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The 2020 budget did not meet our expectation - Importers and Exporters

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The Executive Secretary to the Importers and Exporters Association of Ghana, Mr. Sampson Asaki Awingobet has proclaimed that the Association is not impressed with the 2020 budget presented by the Finance Minister in parliament yesterday.

In an interview on Happy FM’s ‘Epa Hoa Daben’, he disclosed that the Government had failed to fulfill certain promises it made to importers and exporters years ago.

“The budget read did not meet our expectation because they were supposed to abolish the 2% special levy that is still running at the neck of importers”, he said.

According to him, Government’s promise in 2018 budget to scrap the special levy has not been fulfilled.

“In what we heard in the budget yesterday, the Government is rather asking for an extension of that law which was supposed to have ended in July, 2019”, he added.

He concluded by saying that no Government will look down on its people when it comes to policy implementation because “power is sweet”.

On Wednesday, 13th November, 2019, the Finance Minister presented to Parliament the 2020 Budget and Economic Policy of Government that highlighted Ghana’s fiscal performance in 2019 and the fiscal strategy for 2020.

By: Alberta Dorcas N D Armah

Tags: 2020 budgetExportersImporters

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