The Ministry of Finance has announced that it will hold upcoming, in-depth discussions with important stakeholders in response to Organised Labour‘s protests against the government’s plan to impose a Value Added Tax on home power consumption.
The aim is to address concerns and ensure stakeholder buy-in for a quick resolution.
The Finance Ministry urges restraint from Organised Labour, the Electricity Company of Ghana (ECG), and the Northern Electricity Distribution Company (NEDCO) to facilitate constructive dialogue.
Organised Labour has kicked against the government’s implementation of the VAT on electricity consumption by residential customers.
“The Ministry of Finance has noted the concerns of Organised Labour on the implementation of VAT on the consumption of electricity by residential customers. Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks, to ensure stakeholder buy-in,” the Ministry said in its statement.
The Finance Ministry appealed to Organised Labour, the Electricity Company of Ghana (ECG), and the Northern Electricity Distribution Company (NEDCO) to exercise restraint to “facilitate constructive dialogue towards a quick resolution of the impasse.”
“The Ministry therefore appeals to Organised Labour and all stakeholders, including ECG and NEDCO, to exercise restraint to facilitate a constructive dialogue towards a quick resolution of the impasse.”
In a letter dated January 1, Finance Minister, Ken Ofori-Atta, directed the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCO) to implement the VAT, aiming to raise revenue for the COVID-19 recovery programme.
See below statement:
