The Abossey Okai Spare Parts Dealers Association has denied claims made by Hon. Afenyo Markins that its members are “disappointed” in President John Dramani Mahama’s 2026 Budget for not abolishing import taxes on spare parts.
In a press statement signed by Association President, Mr. Henry Okyere Jnr., the group described the statement as “inaccurate and misleading”.
The Association acknowledges that import duties on spare parts remain in place. However, the Association is not disappointed in President Mahama, as recent government economic measures have brought significant relief to its members, demonstrating a positive step forward.
According to the statement, the recent economic measures, including the appreciation of the Ghanaian Cedi, removal of COVID-19 taxes, abolishment of the decoupling of NHIL and GETFund levies, and the increase in the VAT threshold to GHC 750,000, have created a more uniform VAT regime in the spare parts market. These measures will collectively reduce the operational burden on spare parts traders, providing much-needed relief.
The Association appreciates the government’s efforts and remains engaged in discussions to make spare parts more accessible and affordable for the transport sector.
They therefore urged the public to disregard statements misrepresenting their position, emphasizing their ongoing dialogue with the government.
Report by Bernard K Dadzie Greater Accra
