ECONOMIST ADVOCATES NATIONAL ARTISAN AUTHORITY TO BROADEN GHANA’S TAX NET

By CUG NEWS MEDIA

 

Renowned economist, Mr. Enoch Okona, has proposed the establishment of a National Artisan Authority as a pragmatic measure to expand Ghana’s tax net while fostering sustainable development. Speaking on The Sunrise Morning Show on Monday, December 16, 2024, aired on Wisdom 101.1 FM, the campus radio station of the Catholic University of Ghana, Mr. Okona highlighted the need for innovative strategies to improve domestic revenue mobilization.

According to Mr. Okona, the government’s recent decision to scrap some taxes is commendable, but it underscores the urgency of finding alternative ways to enhance revenue generation. He emphasized that establishing a National Artisan Authority could serve as a transformative step. This body would be tasked with issuing annual licenses to artisans across the country. However, as a prerequisite for license issuance or renewal, artisans would be required to present a valid tax clearance certificate.

"This initiative would not only help create a comprehensive database of artisans but also ensure their inclusion in the formal tax system. Such a move would contribute significantly to Ghana’s revenue mobilization efforts and reduce over-reliance on external borrowing," Mr. Okona stated.

He further explained that a structured database would facilitate the formulation of targeted policies to address challenges within the artisan sector while promoting value addition to Ghana’s natural resources. This, he noted, would position the country to generate substantial income locally, bolstering its economic resilience.

Mr. Okona urged policymakers to explore this approach as a means of empowering artisans while ensuring they contribute meaningfully to national development. He also called on stakeholders to prioritize adding value to Ghana’s abundant natural resources as a complementary revenue stream.

 

By Adam Siaka

Wisdom 101.1 FM

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