Saturday, May 30, 2020

Government Engaged in “Fruitful Talks” on liquor tax

Must Read

INTERVIEW: From Being Compared with Ibrahimovic to OB Conateh Influencing Him to Dump Sweden –A Trip into How Njogu Demba Became Gambia’s Most Expensive...

By: Sulayman Bah Fond memories of his brutal annihilation of Liberia still linger. The year was 2008 and the fixture a...

MOJ Gazettes Bill to Promulgate Constitution

By: Yankuba Jallow The Ministry of Justice said on Friday that a bill for an Act to promulgate the Constitution...

Kebba Taylor; The Musical Genius Who Never Went to Music School

Kebba Taylor is a musical genius, multi-instrumentalist, producer and composer, who learnt how to play musical instruments from his...

The Ministry of Finance and Economic Affairs is engaged in talks related to the hike in excise tax in alcoholic beverages from 10 percent to 75 percent, a press release by the Government Spokesperson reveals.

“The Finance Ministry has since been having fruitful talks with The National Assembly Select Committee on Trade and the sister Ministry of Trade to work out a lasting solution to this and similar matters,” the release asserted yesterday.

In a similar vein, Mr Borri Darboe the Country Sales and Marketing Manager of the Banjul Breweries Ltd, which is adversely affected by the tax hike, yesterday told Foroyaa that they gave the government their proposal on Friday and are now listening to them (the government).

The release from the Government pointed out that government is conscious of the significant role businesses play in the Gambian economy and thanked the operators in the sector for their usual support and cooperation.

When the government has a tax proposal it takes it to the National Assembly for approval and once approved it becomes law. The argument of the government is that the hike in the excise rate on alcoholic beverages is now law as it had the approval of the National Assembly. To revise it would require approval of the National Assembly.

- Advertisement -

Latest News

INTERVIEW: From Being Compared with Ibrahimovic to OB Conateh Influencing Him to Dump Sweden –A Trip into How Njogu Demba Became Gambia’s Most Expensive...

By: Sulayman Bah Fond memories of his brutal annihilation of Liberia still linger. The year was 2008 and the fixture a...
- Advertisement -

MOJ Gazettes Bill to Promulgate Constitution

By: Yankuba Jallow The Ministry of Justice said on Friday that a bill for an Act to promulgate the Constitution of The Gambia 2020 and...

Kebba Taylor; The Musical Genius Who Never Went to Music School

Kebba Taylor is a musical genius, multi-instrumentalist, producer and composer, who learnt how to play musical instruments from his father and uncles. He epitomizes his...

Sukuta residents to meet with Government over Salagi land saga

By Mustapha Jallow Residents of Salagi, a settlement on the outskirts of Sukuta will on Monday hold talks with the Gambian Government over the Salagi...

IRI Poll suggests 72% Of Gambians Support a New Constitution

Seventy-two percent of Gambians supported the need for a new constitution and are satisfactied with the performance of Constitutional Review Commission (CRC). A new nationwide...
- Advertisement -

People Also Read This