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Food for thought for the IMF negotiators currently holding discussions in Ghana

Feature Article Food for thought for the IMF negotiators currently holding discussions in Ghana
JUL 10, 2022 LISTEN

When faced with an economic meltdown, such as the one we are currently experiencing, nothing should be sacred in our system - and all state revenue generating and collecting agencies that are abused by those they employ (to enable them dupe Mother Ghana, by pocketing state revenues), ought to be candidates for axing: to help end the endemic corruption slowly destroying our homeland Ghana. Simple.

Speaking as an uneducated old fogey, given the anecdotal evidence of the unfathomable greed that apparently drives so many staff members, of the Customs, Excise and Preventive Service (CEPS), of the Ghana Revenue Authority (GRA), stationed at our nation's ports, harbours and border posts, the zany idea that comes readily to mind (and leads one to ponder over), is the question: As it will end the diversion of state revenues into private pockets, why does the state not simply ask all importers and exporters, to open digital accounts with the Bank of Ghana (BoG), into which they can then pay all due taxes and levies, directly? Enough is enough. Haaba.

Furthermore, can any of our country's many book-long PhD economists tell this uneducated old fool, Kofi Thompson, what disaster, exactly, would befall Mother Ghana, were legislation to be passed by Parliament, making such a policy possible? Hmmm, ey3asem, oooo.

Our homeland Ghana will never thrive, if the diversion of state revenues at our ports, harbours and border posts, due the nation, by public officials, isn't curtailed - now that we face an economic-existential-threat. Opening digital bank accounts at the Bank of Ghana, for all importers and exporters to pay due taxes, and levies, into, is a creative idea whose time has come. Simple. Hmmm, ey3nsem, piiiiii, oooo, Ghanafuo. Eiiiii, Oman Ghana - enti y3wieye, paaaa, enei? Asem kesie, bi, ebeba debi ankasa, oooo. Yooooooo...

By Kofi Thompson

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