Friday, 22 November

Gov’t bans importation of V8s by public sector

Business
A lot of government officials drive SUVs

The government has placed a ban on the importation of SUVs by public offices.

This forms part of measures adopted by the Akufo-Addo administration to address the current economic challenges facing the country.

Speaking at a press conference on Thursday, 24 March 2022, to announce measures adopted by the government to address the country’s current economic challenges, Finance Minister Ken Ofori-Atta said: “With immediate effect, the government has imposed a complete moratorium on the purchase of imported vehicles for the rest of the year”.

“This will affect all new orders, especially 4-wheel drives. We will ensure that the overall effect is to reduce total vehicle purchases by the public sector by at least 50 per cent for the period.”

The Finance Minister also announced a ban on foreign trips by government officials.

“Again, with immediate effect Government has imposed a moratorium on all foreign travels, except pre-approved critical/statutory travels; Government will conclude on-going measures to eliminate “ghost” workers from the Government payroll by the end of December 2022.”

On the Municipal and District Assemblies (MDAs) across the country, the government is reviewing expenditure in order to plan for the next 3 years.

“Discretionary spending is to be further cut by an additional 10%. The Ministry of Finance is currently meeting with MDAs to review their spending plans for the rest of the three (3) quarters to achieve the discretionary expenditure cuts; ii. these times call for very efficient use of energy resources”.

“In line with this, there will be a 50% cut in fuel coupon allocations for all political appointees and heads of government institutions, including SOEs, effective 1st April 2022,” Mr Ofori-Atta stated.

 

 

 

 

 

 

 

Source: classfmonline.com