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Ajumako-Enyan-Essiam Assembly imposes one per cent levy on contracts

The Ajumako-Enyan-Essiam District Assembly has imposed one per cent levy on all contracts awarded by the Assembly with immediate effect, as part of efforts to improve its internally generated revenue.

Date Created : 4/14/2010 12:00:00 AM : Story Author :

The Assembly took the decision at the First Ordinary meeting of the Fourth Session of the Fifth Assembly at Ajumako.

A statement issued after the decision, signed by the District Co-ordinating Council and Secretary to the Assembly, and copied to the Ghana News Agency at Ajumako, said proceeds from this levy would be paid into it Internally Generated Fund (IGF) account.

It said a one per cent deduction would be made on all invoice and payment certificates of contracts for services, goods and works which are processed for payment by the Assembly.

The statement added that by a copy of the statement, all prospective contractors and businesses with the Assembly were informed of the one per cent levy on all payments to be made by the Assembly.