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Parliament approves 7 loan agreements totaling $710m

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Parliament resumes from recess today; several bills to be considered

by Newsroom
6 June 2023
in Politics
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Parliament approves 7 loan agreements totaling $710m
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After a recess for the Easter festivities in March 2023, Parliament is scheduled to resume its activities today, Tuesday, June 6, marking the commencement of the Second Meeting of the Third Session.

The legislative body had temporarily adjourned sine die after the passage of three controversial revenue bills aimed at bolstering domestic revenue mobilization in Ghana.

In a recent Twitter post by Frank Annoh-Dompreh, the Member of Parliament for Nsawam Adoagyiri and Majority Chief Whip revealed that several financial bills will be laid before the House for deliberation and approval upon resumption today.

These bills include the Revenue Administration Regulations, 2023, the Customs Amendment Act, the Income Tax Amendment Regulations, the VAT Amendment Regulations, and the Insurance Regulations, 2023.

These are scheduled to be presented to Parliament from the Ministry of Finance:
1. Customs ( Amendment) Act.
2. Revenue Administration Regulations, 2023.
3. Income Tax ( Amendment) Regulations.
4. VAT ( Amendment) Regulations.
5. Insurance Regulations, 2023.
Etc.. pic.twitter.com/opfYqCX3gv

— Hon. Frank Annoh-Dompreh (@FAnnohDompreh) June 1, 2023

In addition to these financial matters, the Appointments Committee of Parliament is expected to present its report on the vetting process of Justice Gertrude Torkornoo, the Chief Justice nominee. The report will be presented before the house for careful consideration and approval.

As Parliament reconvenes, the nation eagerly awaits the discussions and decisions that will shape the legislative agenda for the coming months, influencing key financial policies and the appointment of the Chief Justice.

Tags: BillsFrank Annoh-DomprehGertrude TorkornooParliament
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