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Wilson Arthur appointed commissioner on 7th governing board of NDPC
Hon Wilson Arthur has been appointed by the President of Ghana as a commissioner on the 7th Governing Board for National Development Planning Commission (NDPC).
Hon Arthur joins Ghana’s Development Think Tank team with rich private sector experience in Media and sports as well as good insight and experience in local government from his impressive performance as Dean of MMDCEs in WR and DCE of Wassa East District from May 2017 to October 2021.
Chaired by Chairman of the National Development Planning Commission, Professor George Gyan-Baffour, the body includes the Ministers of Finance, Health, Education, Food and Agriculture, Local Government and Rural Development, Energy, Trade and Industry, Employment and Labour Relations, Environment, Science Technology and Innovation, and Gender, Children and Social Protection.
Others include the Director-General of the NDPC, the Government Statistician, the Governor of the Bank of Ghana, representatives from all the sixteen regions, as well as Governance, economic and development experts.
President Akufo-Addo told them that the NDPC must as a matter of priority, develop a strategy that would help Ghana widen its domestic revenue mobilization above its current 14 per cent tax to Gross Domestic Product (GDP) ratio.
“You have to identify the ways and means to help enhance significantly the country’s capacity for domestic revenue mobilization to realize her development potential and thereby create opportunities for the vibrant and dynamic youth and to improve the livelihoods of all Ghanaians.
“Ghana’s tax-to-GDP ratio of 14.3% compares unfavourably with our peers in ECOWAS and the world over. Ghana as the second-largest economy in ECOWAS should not have one of the lowest tax-to-GDP ratios in the community,” he said.
The average tax-to-GDP ratio in West Africa stands at 18% and the minimum recommended ratio for ECOWAS member states is pegged at 20%.
With OECD countries posting an average of 34 percent tax to GDP ratio, the President noted that It was no surprise that the developed nations of the OECD readily found the means to fund their own development, particularly, their infrastructure development, “whereas we are constantly struggling to do the same.”
“The NDPC should have this issue as a special focus,” he stressed.
President Akufo-Addo tasked the Commission to among others, harmonise the multiple frameworks such as Ghana at 100, Ghana Beyond Aid, and the CARES Obaatampa Programme into the National Medium Term Development Policy Framework, 2022-2025.
Source: skyypowerfm.com
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