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A viral video of Hon. Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu, confronting NPP MPs in parliament over a controversial push for $530 million in tax waivers for selected companies has sparked widespread public reactions.
The heated exchange comes amid a standoff in parliament, with NPP MPs reportedly opposing the reading of the 2025 first-quarter budget unless the minority agrees to the proposed tax waivers.
Hon. Ablakwa, in the video, can be seen passionately opposing the move, arguing that approving such waivers would lead to significant financial losses for the state at a critical time when the nation is grappling with economic challenges.
The minority leader, Hon. Cassiel Ato Forson, has issued a stern warning to Finance Minister emphasizing that failing to present the 2025 first-quarter budget to parliament could have dire consequences.
“If the budget is not presented, there will be no funds approved to pay government workers in January 2025,” Hon. Ato Forson cautioned. He also reminded the finance minister that non-compliance with budgetary obligations could attract legal penalties, including possible jail time.
Public Outcry
The video has stirred strong reactions from citizens across social media platforms. Many have praised Hon. Ablakwa and the NDC MPs for standing their ground to protect the nation’s financial resources, especially as the government prepares to exit office in a few weeks.
$530M in tax waivers…. Is the administration out of its mind? a Twitter user commented.
Others, however, have criticized the deadlock, expressing concerns about its potential impact on public sector workers and the economy.
“I’ve always stated that the current NPP is a Criminal Organisation.Same NPP government that could not pay WAEC 118 million Cedis to release WASSCE results for 2023/2024 academic year students who sat for the exams. Now pressing the neck of NDC MPs to approve tax waiver of 300 million dollars for the cronies and family members companies.” another concerned citizen wrote.
Background on the Tax Waivers
The $530 million tax waivers, pushed by the NPP MPs, are intended to benefit a list of companies that have yet to be publicly disclosed. Critics, including Hon. Ablakwa, have questioned the timing and transparency of the waivers, particularly as the government prepares to transition out of office after the December 2024 elections.
The NDC has vowed not to support the waivers, maintaining that they would burden the already strained economy. This position has contributed to the impasse, threatening to delay the budget approval process and raising tensions between the majority and minority caucuses in parliament.
What’s Next?
As the deadline for budget submission looms, the nation waits to see whether a compromise will be reached or if the gridlock will persist, potentially plunging the country into a financial crisis in the new year. For now, the video of Ablakwa’s fiery confrontation remains a rallying cry for those advocating for fiscal prudence and accountability.
Source:NKONKONSA.com
