On Friday, December 22, 2023, Parliament concluded its session before the festive season by passing the VAT Amendment Bill, securing a majority vote. The significant changes brought about by this bill include the imposition of VAT on insurance premiums and imported educational materials such as textbooks, erasers, and other stationery.

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Notably, the VAT Amendment Bill also introduces a zero-rate on VAT for locally manufactured sanitary pads, a move aimed at promoting accessibility to essential hygiene products.During the vote, 137 members voted in favor of the motion, while 134 opposed it.

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Notably, three members of the opposition National Democratic Congress (NDC) were absent during the vote: Assin North MP James Gyakye Quayson, Asawase MP Muntaka Mubarak, and Bia West MP Augustine Tawiah. Additionally, one member from the Majority side, representing the NPP, was also absent.Initially, the Speaker conducted a voice vote, with the Ayes prevailing.

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However, the Minority challenged this decision, prompting a headcount to ensure accuracy.The Minority in Parliament continues to express strong opposition to the 2024 budget, citing concerns over the embedded taxes. They argue that these taxes will exacerbate the hardships faced by the people of Ghana. The debate surrounding the budget and its implications remains a point of contention between the Majority and Minority in Parliament.

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