REPORT OF THE FINANCE COMMITTEE ON THE REQUEST FOR WAIVER OF IMPORT DUTIES, IMPORT VAT AND NHIL ECOWAS LEVY , EDIF , INSPECTION FEES , WITHHOLDING TAX CORPORATE AND INCOME TAXES OTHER RELATED TAXES AMOUNTING TO THE CEDI EQUIVALENT OF SEVEN MILLION , FIVE HUNDRED AND THIRTY FOUR THOUSAND , SIX HUNDRED AND SEVENTY NINE UNITED STATES DOLLARS (US$7,534,679.00) FOR THE OFFSHORE COMPONENT AND THREE MILLION FIVE HUNDRED AND SEVENTY TWO THOUSAND FIVE HUNDRED AND SIXTY EIGHT GHANA CEDI AND TWENTY PESEWAS (GH 3,572,568.20) FOR THE ONSHORE/LOCAL COMPONENT RELATING TO PROJECT MATERIALS AND EQUIPMENT AS WELL AS SERVICES TO BE PROCURED DOMESTICALLY OR IMPORTED FOR USE IN THE IMPLEMENTATION OF THE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF KOREA ACTING THROUGH THE EXPORT -IIMPORT BANK OF KOREA TO FINANCE THE IMPLEMENTATION OF THE WA WATER SUPPLY SYSTEM DEVELOPMENT PROJECT

Abstract

REPORT OF THE FINANCE COMMITTEE ON THE REQUEST FOR WAIVER OF IMPORT DUTIES, IMPORT VAT AND NHIL ECOWAS LEVY , EDIF , INSPECTION FEES , WITHHOLDING TAX CORPORATE AND INCOME TAXES OTHER RELATED TAXES AMOUNTING TO THE CEDI EQUIVALENT OF SEVEN MILLION , FIVE HUNDRED AND THIRTY FOUR THOUSAND , SIX HUNDRED AND SEVENTY NINE UNITED STATES DOLLARS (US$7,534,679.00) FOR THE OFFSHORE COMPONENT AND THREE MILLION FIVE HUNDRED AND SEVENTY TWO THOUSAND FIVE HUNDRED AND SIXTY EIGHT GHANA CEDI AND TWENTY PESEWAS (GH 3,572,568.20) FOR THE ONSHORE/LOCAL COMPONENT RELATING TO PROJECT MATERIALS AND EQUIPMENT AS WELL AS SERVICES TO BE PROCURED DOMESTICALLY OR IMPORTED FOR USE IN THE IMPLEMENTATION OF THE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF KOREA ACTING THROUGH THE EXPORT -IIMPORT BANK OF KOREA TO FINANCE THE IMPLEMENTATION OF THE WA WATER SUPPLY SYSTEM DEVELOPMENT PROJECT