General News of Thursday, 8 September 2016Source: peacefmonline.comAkufo-Addo outlines policy interventions for job creationNana Addo Dankwa Akufo-Addo, 2016 presidential candidate of the New Patriotic PartyThe 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, has outlined comprehensive policy measures aimed at strengthening the prospects of accelerated enterprise development in a competitive environment and stimulating the rapid growth and expansion of the Ghanaian economy so that the all-important issue of job creation can be successfully addressed. The NPP, according to Nana Akufo-Addo, believes that the only sustainable way of addressing this challenge of high unemployment is by expanding the productive base of the Ghanaian economy and enhancing enterprise growth. Corporate income tax which has stood at 25% for the last 8 years, he said, will be reduced further to 20%. The process of reducing this tax, according to Nana Akufo-Addo, was initiated by the Kufuor administration when it reduced corporate income tax rate from 35% to 25% by the time it left office in January 2009. We are counting on the private sector to join in this critical project.

Source: GhanaWeb September 08, 2016 16:18 UTC