Tax waiver request

Afenyo-Markin Defends $449M Tax Waiver Request For 1D1F Businesses

Afenyo-Markin Defends $449M Tax Waiver Request For 1D1F Businesses

Majority Leader Alexander Afenyo-Markin has rebutted claims by the Minority regarding the government’s tax waiver requests for businesses under the One District One Factory initiative. Despite opposition from the Minority, who raised concerns about potential corruption and misuse of public funds over the proposed $449 million tax exemptions, Afenyo-Markin defended the initiative during his debate on the State of the Nation Address on Monday, March 11, 2024. He emphasized that tax waivers are intended to stimulate economic growth rather than constitute losses to the state. Explaining the rationale behind tax exemptions, he clarified that they serve as incentives to attract…
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