Tag Archives: 84 pesewas is used to pay debts’ – Prof. Kusi

‘Out of every GHC1 tax collected, 84 pesewas is used to pay debts’ – Prof. Kusi

Executive Director of the Institute for Fiscal Studies (IFS), Prof. Newman Kwadwo Kusi, has decried the quantum of tax revenue that goes into debt repayment – saying it is time government put in efforts to restructure the tax system to rake in more revenue. According to the economics professor, 84 percent of the country’s tax revenue goes into repaying interest ...

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