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Ghana Bans The Purchase Of Imported Vehicles, Especially SUVs, For Officials Till 2023 To Cut Spending
Ghana Govt bans the purchase of imported vehicles, especially SUVs, for officials with immediate effect for the rest of the year.
The move, according to the Finance Minister, is part of measures introduced to deal with the economic challenges.
He said that the overall effect will reduce total vehicle purchases by the public sector by at least 50 percent for the period.
Ministers and the Heads of SOEs will also contribute 30% of their salaries from April to Dec to the Consolidated Fund.
There will be also be 50% cut in fuel coupon allocations for all political appointees and heads of government institutions.
Ghana has suspended the purchase of imported vehicles by government officials for the rest of this year to cut spending. It says the ban on vehicle purchases by public officials “will affect all new orders, especially four-wheel drives.”
This was made known by the country’s Finance Minister, Ken Ofori Atta at a press conference on Thursday March 24, while announcing measures introduced to deal with the economic challenges.
“With immediate effect, Government has imposed a complete moratorium on the purchase of imported vehicles for the rest of the year.
“This will affect all new orders, especially 4-wheel drives. We will ensure that the overall effect is to reduce total vehicle purchases by the public sector by at least 50 percent for the period,”
“Again, with immediate effect Government has imposed a moratorium on all foreign travels, except pre-approved critical/statutory travels.
“Cabinet approved that Ministers and the Heads of SOEs contribute 30 per cent of their salaries from April to December, 2022 to the Consolidated Fund.
“Government will conclude on-going measures to eliminate “ghost” workers from the Government payroll by end December 2022.
“Discretionary spending is to be further cut by an additional 10%. The Ministry of Finance is currently meeting with MDAs to review their spending plans for the rest of the three (3) quarters to achieve the discretionary expenditure cuts.
“These times call for very efficient use of energy resources. In line with this, there will be a 50% cut in fuel coupon allocations for all political appointees and heads of government institutions, including SOEs, effective February 1, 2022,” he added.