Mr Osei Kyei-Mensah-Bonsu, Minister for Parliamentary Affairs (MoPA) has called for a second look at the composition of the National Development Planning Commission (NDPC) for it to engender trust and confidence of Ghanaians in the policies it produces for national development.
According to him, if there was a long-term National Development Plan that was crafted by the commission, such national policy must become a source document around which all governments must fashion out their development agenda.
“Perhaps, we need to look at the composition of the National Development Planning Commission for it to engender trust and confidence”
Mr Osei Kyei-Mensah-Bonsu made the remark at the inauguration of an eight-member Ministerial Advisory Board for the Ministry of Parliamentary Affairs in Accra.
Minister for Finance and Revenue Shaukat Tarin presided over the ECC meeting. Photo courtesy Radio Pakistan
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved payment of Rs90 billion to 35 independent power producers (IPPs). The ECC also decided to give a last chance to K-Electric (KE) for settling Rs212bn payments and inking an agreement for additional power intake from the national grid on timely payments.
The ECC meeting, presided over by Minister for Finance and Revenue Shaukat Tarin, also approved lowering taxes on Chinese investors of hydropower projects in Azad Jammu & Kashmir (AJK), exempting the import of oxygen and related equipment from duties and taxes besides an additional Rs27.5bn grant for disaster management schemes in Karachi.
ECC Approves First Installment to 35 IPPs
The Economic Coordination Committee of the cabinet on Wednesday approved payment of the first installment to 35 IPPs out of a total 47, whereas payment to the remaining 12 IPPs (under Power Policy 2002) may be withheld owing to the NAB investigation.
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the Economic Coordination Committee (ECC) of the Cabinet today.
Power Division presented a summary before the ECC regarding the release of the first installment of payment to IPPs. Secretary Power Division briefed the Committee about the recommendations of the sub-committee constituted during ECC last week. The ECC approved payment of the first installment to 35 IPPs out of total 47 whereas payment to the remaining 12 IPPs (under Power Policy 2002) may be withheld owing to the NAB investigation.
Govt grilled for imposing Rs700 bn taxes through ordinance
Top Story
April 8, 2021
ISLAMABAD: The parliamentarians belonging to the opposition parties have grilled the government for the imposition of Rs 700 billion taxes and levies through presidential ordinance, terming it an unconstitutional and deliberate effort to bypass the parliament.
The opposition members criticized the State Bank of Pakistan (SBP) Amendment Bill 2021 approved by the federal cabinet and the Ministry of Parliamentary Affairs going to lay before the National Assembly anytime in the near future.
The government conceded before an NA panel that the parliament is sovereign and the cabinet’s approved bill will be tabled before the parliament and will be passed with the assent of the parliament. The National Assembly Standing Committee on Finance and Revenue which met under the chairmanship of Faizullah from the ruling PTI decided to defer approval on the SBP Amendment Bill and Tax Laws Amendment Bill 2021.
Govt grilled for imposing Rs700b taxes through ordinance
Top Story
April 8, 2021
ISLAMABAD: The parliamentarians belonging to the opposition parties have grilled the government for the imposition of Rs 700 billion taxes and levies through presidential ordinance, terming it an unconstitutional and deliberate effort to bypass the parliament.
The opposition members criticized the State Bank of Pakistan (SBP) Amendment Bill 2021 approved by the federal cabinet and the Ministry of Parliamentary Affairs going to lay before the National Assembly anytime in the near future. The government conceded before an NA panel that the parliament is sovereign and the cabinet’s approved bill will be tabled before the parliament and will be passed with the assent of the parliament. The National Assembly Standing Committee on Finance and Revenue which met under the chairmanship of Faizullah from the ruling PTI decided to defer approval on the SBP Amendment Bill and Tax Laws Amendment Bill 2021.