07
Aug
The chairman of parliament’s finance committee, Kwaku Agyemang Kwarteng, has called for a renewed commitment to payment of taxes to help government overturn the current economic challenges. Although he said rationalisation of the government’s expenditure is equally important in the recovery process, he admitted that it is not enough – underscoring the need to raise more domestic revenue. The Obuasi West Member of Parliament also cautioned against granting tax exemptions to certain individuals and entities, stressing that such exemptions – in the name of investment promotion -represent a challenge; and as such do not always offer value for money. “It will not…