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Member of Parliament for Nhyiaeso, Dr Stephen Amoah, has commended the governing National Democratic Congress (NDC) for building on the economic recovery efforts of the previous New Patriotic Party (NPP) administration to stabilise the economy. Speaking on Eyewitness News on Wednesday, October 14, Dr Amoah, who is also the Deputy Ranking Member on Parliament’s Finance Committee said both administrations deserved recognition for their respective contributions to economic recovery, while urging the government to ensure that improved macroeconomic indicators translate into tangible benefits for Ghanaians. According to him, the NPP government had introduced measures to restore the economy following the global economic crisis, and credited the NDC administration with building on those efforts to improve key indicators. He cited the decline in inflation, the improvement in Treasury bill rates and the country’s debt-to-GDP ratio as signs of progress, although he noted that the figures needed to be reflected in the daily lives of citizens. “We need to tell the NPP government that it did well restoring the economy, and we need to also appreciate the fact that the present government has also stabilised it. They have worked on what we did,” he said. The Nhyiaeso MP maintained that acknowledging the NDC’s contribution to economic stabilisation did not diminish the efforts of the previous administration, insisting that economic management should be assessed using measurable indicators rather than political considerations. He said the next priority should be to ensure that the improvements create room for businesses to expand, employ more people and ease the financial pressure on households. “Now, I think what we are looking out for is the secondary macro, which is the impact, the practical impact, the manifestation, which we have not yet felt,” he added. Dr Amoah also urged the government to carefully assess the timing of tax measures, arguing that policies should take account of prevailing economic conditions and the challenges facing businesses and households. He said although tax policies could be adjusted to meet revenue needs, authorities must consider whether their implementation would worsen hardship or limit businesses’ ability to grow. He further argued that the improving fiscal position should provide some room for businesses to retain liquidity, expand operations and create jobs. His comments come amid discussions over the implementation of a 20% tax on qualifying cross-border digital services, with commercial banks expected to begin collecting applicable taxes on such transactions from October 15, 2026.#creatorsearchinsights #MahamaThePresident @Dr Frank Amoakohene @clementaffanyi930 @@GlobalInfoAnalyticspolls @Cassiel Ato Forson
Member of Parliament for Nhyiaeso, Dr Stephen Amoah, has commended the governing National Democratic Congress (NDC) for building on the economic recovery efforts of the previous New Patriotic Party (NPP) administration to stabilise the economy. Speaking on Eyewitness News on Wednesday, October 14, Dr Amoah, who is also the Deputy Ranking Member on Parliament’s Finance Committee said both administrations deserved recognition for their respective contributions to economic recovery, while urging the government to ensure that improved macroeconomic indicators translate into tangible benefits for Ghanaians. According to him, the NPP government had introduced measures to restore the economy following the global economic crisis, and credited the NDC administration with building on those efforts to improve key indicators. He cited the decline in inflation, the improvement in Treasury bill rates and the country’s debt-to-GDP ratio as signs of progress, although he noted that the figures needed to be reflected in the daily lives of citizens. “We need to tell the NPP government that it did well restoring the economy, and we need to also appreciate the fact that the present government has also stabilised it. They have worked on what we did,” he said. The Nhyiaeso MP maintained that acknowledging the NDC’s contribution to economic stabilisation did not diminish the efforts of the previous administration, insisting that economic management should be assessed using measurable indicators rather than political considerations. He said the next priority should be to ensure that the improvements create room for businesses to expand, employ more people and ease the financial pressure on households. “Now, I think what we are looking out for is the secondary macro, which is the impact, the practical impact, the manifestation, which we have not yet felt,” he added. Dr Amoah also urged the government to carefully assess the timing of tax measures, arguing that policies should take account of prevailing economic conditions and the challenges facing businesses and households. He said although tax policies could be adjusted to meet revenue needs, authorities must consider whether their implementation would worsen hardship or limit businesses’ ability to grow. He further argued that the improving fiscal position should provide some room for businesses to retain liquidity, expand operations and create jobs. His comments come amid discussions over the implementation of a 20% tax on qualifying cross-border digital services, with commercial banks expected to begin collecting applicable taxes on such transactions from October 15, 2026.#creatorsearchinsights #MahamaThePresident @Dr Frank Amoakohene @clementaffanyi930 @@GlobalInfoAnalyticspolls @Cassiel Ato Forson

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