The Member of Parliament for Tano North, Dr Gideon Boako, has expressed concerns about the Mahama government's plan to remove the betting tax and E-Levy.
This follows statements from Dr Cassiel Ato Forson, the Finance Minister Designate, who indicated that the Mahama administration would abolish these taxes in its first budget and seek to offset the resulting revenue loss through expenditure cuts.
In an interaction with Channel One News, Dr Boako posited that these proposed measures might not align with the fiscal policies agreed upon with the IMF. "Cutting expenditure does not address the problem because in an actual sense, if you look at our debt sustainability analysis, the key thing that is embedded in the IMF programme is debt service to revenue ratio.
It is not a debt service to expenditure ratio. "So you may cut expenditure but your debt service will be matched with revenue which is a key component of the IMF programme.
