Organised Labour has suspended its scheduled demonstration against the 15 per cent Value Added Tax (VAT) on electricity, slated for today, Friday, February 9.
This decision comes in response to the government’s recent move to suspend the implementation of the controversial tax policy.
During a press conference, the General Secretary of the Trades Union Congress (TUC), Dr Yaw Baah, warned that the demonstration would proceed if the government failed to immediately withdraw the policy entirely.
Dr Baah stressed that Organised Labour will not hesitate to protest against any future unfavourable tax policies.
Meanwhile, the Ministry of Finance has formally communicated with Organised Labour regarding the suspension of the policy’s implementation.
In a letter dated Thursday, February 8, the Ministry informed Organised Labour that it has instructed the Electricity Company of Ghana and NEDCO to cease the implementation of the controversial policy.
The government has directed the ECG and NEDCO to suspend the implementation of the tax on electricity consumption by residential customers pending further engagements with key stakeholders, including Organised Labour.