Prioritize Completion of Ongoing Projects Rather Than Initiating New Ones - James Avedzi to New Ministerial Nominees
James Klutse Avedzi, the Member of Parliament (MP) for Ketu North, has offered valuable counsel to the newly nominated ministers, urging them to prioritize the completion of ongoing projects rather than initiating new ones.
He emphasized the constraints of time, pointing out the challenges in executing fresh projects within the limited timeframe available to them.
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Challenges of Implementing New Policies
During an interview on JoyNews on February 14, Avedzi highlighted the time required for new ideas to materialize and the necessity for ministers to familiarize themselves with their portfolios before effecting substantial policy changes. With just nine months until the next election, he expressed skepticism about the feasibility of introducing new policies amidst the existing operational dynamics and impending campaign intensity.
In terms of the Finance Ministry, Avedzi advised the incoming minister to meticulously study the tax policies to identify avenues for enhancing revenue without unduly burdening taxpayers.
Challenges of Implementing New Policies
During an interview on JoyNews on February 14, Avedzi highlighted the time required for new ideas to materialize and the necessity for ministers to familiarize themselves with their portfolios before effecting substantial policy changes. With just nine months until the next election, he expressed skepticism about the feasibility of introducing new policies amidst the existing operational dynamics and impending campaign intensity.
In terms of the Finance Ministry, Avedzi advised the incoming minister to meticulously study the tax policies to identify avenues for enhancing revenue without unduly burdening taxpayers.
He proposed a comprehensive review aimed at modifying and possibly eliminating certain taxes to relieve the populace, stressing the importance of broadening the tax base while reducing tax rates to encourage compliance and minimize the burden on current taxpayers.
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Election Year Dynamics
Given the context of an election year, Avedzi acknowledged the potential pressure on the Finance Minister to allocate funds for "election projects." He emphasized the importance of fiscal prudence and urged the new Finance Minister to maintain fiscal discipline to prevent excessive government expenditure amid political pressures.
Ensuring Fiscal Responsibility
Avedzi underscored the significance of the Finance Minister's role in safeguarding fiscal discipline and prioritizing sustainable budget allocation. He emphasized the need for the incoming minister to resist unwarranted expenditure requests to prevent fiscal overreach and ensure prudent financial management in the lead-up to the elections.
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Election Year Dynamics
Given the context of an election year, Avedzi acknowledged the potential pressure on the Finance Minister to allocate funds for "election projects." He emphasized the importance of fiscal prudence and urged the new Finance Minister to maintain fiscal discipline to prevent excessive government expenditure amid political pressures.
Ensuring Fiscal Responsibility
Avedzi underscored the significance of the Finance Minister's role in safeguarding fiscal discipline and prioritizing sustainable budget allocation. He emphasized the need for the incoming minister to resist unwarranted expenditure requests to prevent fiscal overreach and ensure prudent financial management in the lead-up to the elections.
Related To This: Your Uninspired Reshuffling Won't Solve Economic Crisis - Minority to Akufo-Addo
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