News:
February 26, 2019
Parliament has approved a tax waiver of 802,262.00 euros for the Ghana Water Company Limited (GWCL) which is expected to increase revenue collection and ensure sustainable potable water services delivery throughout the country.
The waiver was granted after the finance committee presented a report on the request for waiver of import duties, import VAT/GETFund Levy, Import NHIL, ECOWAS Levy, EXIM Levy, Special Import levy amounting to Ghana cedi equivalent of eight hundred and two thousand, two hundred and sixty-two euros (€802,262.00) on project materials and equipment to be imported for the implementation of the services for the enhancement of nationwide water network management project by the Ghana Water Company Limited(GWCL).
Chairman of the committee, Dr. Mark Assibey-Yeboah who presented the report outlined the rationale for the project which he states will support GWCL to develop a plan for systematic measurement and reduction of non-revenue water within the service area, develop an area map for flow control and the effective management of districts to the walk and cycle level.
The project is also expected to locate the strategic assets, conditions of the assets, develop applications and remotely manage these assets, increase revenue collection and ensure sustainable potable water services delivery.
It will enable GWCL to properly plan and maintain its systems, improve revenue collection, reduce non-revenue water and improve public relation support of the company.
Christian Kpesese/ ghanamps.com