Deputy minister designate for trade and industry
News
Published on 07/03/2024

DEPUTY MINISTER DESIGNATE FOR TRADE AND INDUSTRY VETTED

 

The deputy minister designate for Trade and Industry Kofi Ahenkora Marfo has been single  handedly vetted by the NPP members on the appointment committee after the minority bycotted

 

During the vetting, the nominee indicated that it is expedient to give tax exemptions to companies in the country as a form of motivation.

 

The majority Chief Whip Frank Annor Dompreh asked the nominee how he understands tax exemption and it importance.

 

Answering the question  the nominee explained that, the unemployment rate battling among the youth is huge therefore there is the need for tax waivers on import duties on machinery, raw materials and other aspect of production to make the country attractive for investors.

 

He elaborated that since Ghana wants to pursue the 10 point Agenda industrialization, it is important to grant  tax exemption to industries companies within the confines who are into serious industrialization.

 

The nominee further stressed the importance of  Ghana Enterprise Agency and how helpful they have been to Small Scall Medium Enterprises (SME).

 

According to him, he will assist the substantive minister to focus on the rural areas to also enjoy the benefit from the Ghana Enterprise Agency.

 

Report by: PKB

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