Ghanaians to enjoy free water and electricity for the rest of the year – government announce

The minister of finance Ken Ofori Atta have announced some freebies Ghanaians are going to be enjoying for months to come…


Ken Ofori Atta announced these under the Ghana Coronavirus Alleviation & Revitalisation of Enterprises Support (CARES) Obaatanpa Programme in parliament today.


Below are some highlighted points on reduction in tax, free electricity and water as well as funds for business support and etc.


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President’s CARES plan for the next three and a half years…


(i) An unprecedented GH¢100 billion Ghana Cares Obaatanpa Programme to transform and modernise our society


(ii) For the next 6 months:-


a. Reduce CST from 9% to 5%


b. Establish a GH¢2 billion Guarantee Facility to support all sectors of business and job retention


c. Establish an Unemployment Insurance Scheme


d. Create a GH¢100 Fund for Labour and Faith-based organisations for retraining and skills development


e. Increase the CapBuss Programme by GH¢150 million to, among others, facilitate credit of GH¢50 million to support the Creative Arts, the Media and the Conference of Independent Universities.


f. Retain provision of free water for the next three months


g. Retain free electricity for all life-line customers for the rest of the year.


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