Artificial selection

A benchmark reversal policy is forced on suffering Ghanaians to create an artificial image of a healthy economy – Sammy Gyamfi

National communications officer for the National Democratic Congress (NDC) Sammy Gyamfi said the government’s imposition of the benchmark reversal policy on suffering Ghanaians is a tactic to create a non-existent image of a healthy economy.

According to him, the imported goods policy was introduced to consolidate government revenue after economic mismanagement and reckless government spending.

“After five years of economic mismanagement and reckless electoral spending which brought the country back to its HIPC base, the Akufo-Addo-Bawumia (NPP) government has decided to punish the Ghanaian people already burdened with more difficulties for them -same. recklessness and economic mismanagement, ”he stressed.

He added that the policy is also a way “to convince the investment community to borrow more and more”.

“This is why all kinds of crippling taxes and killer revenue measures such as the cancellation of benchmark discounts are now being imposed on Ghanaians to bolster government revenue simply to create an artificial image of an economy. healthy in order to convince the investment community of more and more loans, ”he added.

Speaking to media on Wednesday, Gyamfi noted that the reversal of benchmarks will only worsen the living conditions of Ghanaians in the country.

According to him, the current nature of the reversal policy on imported goods contradicts the comment by Vice President Dr Mahamadu Bawumia that “the government has decided to introduce updated benchmarks in order to facilitate more trade volumes. , make our ports more competitive, reduce smuggling and increase government revenues from ports.

“We at the NDC have no doubt that this latest government decision to cancel discounts on benchmarks for imported products further emphasizes Dr Bawumia’s place as the most deceptive politician in the history of the country. Ghana, ”he accused.

Mr Gyamfi further dismissed claims that the cancellation of the discounts was aimed at curbing imports and boosting the port’s revenue which he said has steadily increased in recent years.

His comment comes after the government, through the Ghana Revenue Authority (GRA), announced that as of Tuesday, January 4, 2022, benchmarks will be reversed for some 43 selected items.

The inversion should affect some selected elements of the three categories where the inversion has been applied.

Meanwhile, the government has suspended the cancellation of the benchmark review until Thursday, January 6, 2022.

A credible source from the Ghana Revenue Authority has been revealed to JoyNews, and checks at ports show officers clearing their goods with old charges.

It is not known what motivated the sudden change of plan and the implementation of the old charges in the ports.

However, interest groups like GUTA say this could be due to the turmoil and setback they have shown since the announcement of the benchmark reversal and system outage at ports. Tuesday, the day the policy was to come into effect.