Home / GENERAL NEWS / Ken Ofori Atta Presented IMF Conditionities Not A Budget For Ghana ~ Coalition Of National Youth Organizers

Ken Ofori Atta Presented IMF Conditionities Not A Budget For Ghana ~ Coalition Of National Youth Organizers

The Coalition of National Youth Organizers have describe the budget presented by the Finance Minister Ken Ofori Atta as an imposed conditionalities by the International monetary Fund (IMF).

We the Coalition of National Youth Organizers, refuse to acknowledge what Hon Ken Ofori Atta presented to Parliament as a Budget meant for Ghana.

We rather see it as imposed conditionalities by the IMF which are not only harsh and draconian to the already burdened and suffering Ghanaian but also enemical to the progress of the Ghanaian Youth, especially, former Nabco trainess, Unemployed graduates and all final Year Tertiary Education students who have been told by the Akuffo Addo government that, there will be no jobs for them in the whole of 2023.

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We the Coalition of National Youth Organizers are also worried about the 2.5% VAT that has been introduced.

We are also questioning why a government which supposedly wants to add value to our raw materials through its One District One Factory flagship program, will introduce an additional Tax to discourage patronage.

Abolishing the 100 cedis daily threshold means that sending even a 50 pesewas via mobile money transaction is going to attrack a 1% electronic Levy tax and it is unacceptable.

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How can you encourage the Utilization of the interoperability platform which was created with the Tax payers’s, when you have such a policy of taking 1%. Of every electronic transaction?

The re-introduction of the illegally cancelled road Toll could not only have generated revenue for government but could have also employed most of the wasting away able bodies who are Youth.

This IMF impossed conditionalities are going to breed more and more corruption, crime and alot of vices especially among the Youth.

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Again it is going to create alot of insecurity in this country.

We dare say that the relevance of the much tauted Free Senior High school and even ataining a Tertiary Education is becoming a waste of time, resources and a detraction of one’s future, since there is no assurance of job after school.

We want Parliament as a matter of urgency reject this 2023 budget since it going to make the lives of their constituents unbearable.

Osei Kofi Acquah
National Youth Organizer CPP
General Secretary Coalition of National Youth Organizers

Osei Kofi Acquah

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