Accra: The Government has announced plans to provide import duty exemptions for individuals and entities bringing electric vehicles (E-Vs) into the country. This initiative is part of the broader roadmap for implementing the National Electronic Vehicle Policy framework.According to Ghana News Agency, the announcement was made by Mr. Joseph Bukari Nikpe, the Minister of Transport, in Parliament while responding to an urgent question from Kojo Oppong Nkrumah, the Member of Parliament for Ofoase Ayirebi. Mr. Nikpe, who is also the MP for Saboba, emphasized that the Ministry of Transport would collaborate with the Ministry of Finance to amend the Value Added Tax (VAT) Act and other relevant legislations to facilitate tax waivers on E-Vs importation.The Minister outlined that the policy implementation will occur in phases. The first phase, set to commence from 2024 and conclude in 2026, involves the installation of solar systems in public buildings and the establishment of charging points for electric vehicles . This move is expected to bolster Ghana's efforts in contributing to global climate resilience and promoting environmental sustainability.Mr. Nikpe also highlighted that the Ministry has already initiated a nationwide sensitization campaign to encourage E-Vs usage. These efforts have included sensitization events at educational institutions across 13 regions, with plans to extend the campaign to the remaining three regions by mid-2026.
Related Articles
NDC’s ‘women bank’ policy receives divergent views from market women
The proposed establishment of the Women Bank, one of the economic policies contained in the National Democratic Congress’s (NDC) manifesto, has been greeted with divergent views among market women, entrepreneurs, and petty traders in the Sunyani Muni…
Government Presents First Budget Under President Mahama Amid Economic Challenges
Accra: The Minister of Finance is expected to present the first budget of Mr. John Mahama after becoming the president on January 7, 2025, to parliament. The presentation is taking place barely a week after the government had put together some of the …
Ghana’s fiscal space cannot fund political party pledges – Dr. Acheampong
Dr. Theo Acheampong, Political and Economic Risk Analyst, says Ghana’s fiscal space cannot support the pledges made by the country’s major political parties.
‘You realise that these manifesto promises would have a big impact on the fiscal space, and…
