SIX AREAS OF LIFE YOU CAN’T AFFORD TO FAIL AT
Success means different things to different people. But whoever you are, failing in any one of these 6 areas of life could be your undoing.
This is a thread:
President Mahama and the NDC have made the following allocations without introducing any new taxes! #AbanPapaAba
1. GH¢13.85 billion: Allocation for the Big Push Programme.
2. GH¢499.8 million: Allocation for the No-Academic-Fee policy for first-year students in public tertiary institutions.
3. *GH¢292.4 million*: Allocation for the distribution of free sanitary pads to female students in primary and secondary schools.
4. GH¢242.5 million: Allocation to support victims of the Akosombo dam spillage.
5. GH¢200 million: Allocation to support victims of the tidal wave disaster in the Ketu South constituency.
6. GH¢3.5 billion: Allocation for the free secondary education program.
7. GH¢564.6 million: Allocation for comprehensive provision of free curricula-based textbooks.
8. GH¢1.788 billion: Allocation for the School Feeding Programme.
9. GH¢145.5 million: Allocation for the Capitation Grant.
10. GH¢203 million: Allocation for the payment of teacher trainee allowances.
11. GH¢480 million: Allocation for the payment of nursing trainee allowances.
12. GH¢9.93 billion: Allocation for the National Health Insurance Scheme (NHIS).
13. GH¢2.81 billion: Allocation for the Ghana Road Fund.
14. GH¢7.51 billion: Allocation for the District Assembly Common Fund (DACF).
15. GH¢1.5 billion: Allocation for Agriculture for Economic Transformation Agenda (AETA).
16. GH¢51.3 million: Allocation as seed fund for the establishment of the Women’s Development Bank.
17. GH¢300 million: Allocation for the National Apprenticeship Programme.
18. GH¢100 million: Allocation for the ‘Adwumawura’ Programme.
19. GH¢100 million: Allocation for the National Coders Programme
@Opresii It’s ignorant to think the moment the budget is read, everything will reset by default.
1. The budget is read
2. Papers and Appropriations bill would be laid
3. Finance Committee would consider and Plenary would debate and approve
4. GRA implements
In summary:
1. NUISANCE TAXES have been removed.
2. No new omnibus REVENUE MEASURES with broad-based consequences on businesses and households have been introduced.
3. Key STATUTORY FUNDS have been uncapped.
1/4
6. My personal highlight is the innovative reduction of the WITHHOLDING TAX REFUND ACCOUNT Amount from 6% of Gross National Revenue to 4% of GNR; to pluck the gap anticipated to be created by the scrapping of nuisance taxes, rather than burden the citizenry with more taxes.
3/4
@BillsMicroCred You may use money to influence things but THE CUSTOMER IS KING!
Recruit professionals and give them the right training. Not hooligans parading as bankers to harass lenders in their homes, churches and workplaces and forging signatures to legitimize their illegality and ignorance
@TracyOwusuAddo Democracy is a waste of everyone’s time. The nation is torn apart amongst the 1% Elites and Bourgeoisies. There’s no precedence of a thriving African economy based on Democracy. Nkrumah laid down the foundation and now we watch the elites sell off the country to higher bidders.