Government is set to ban the importation of used vehicles that are older than 10 years old.
The government will also place a total ban on the import of salvaged cars, also known as accident cars, pending the full passage of the Customs Amendment Bill.
The Bill was passed today at the second reading stage today in Parliament.
Government has predicted an estimated revenue loss of GHS802 million over the next three years after the review of the policy.
This is according to the joint report of the joint committee on Finance and Trade, Industry and Tourism.
A clause in the amendment empowers the Minister of Finance to specify the date on which the ban will come into place.
The MP for Tamale Central, Inusah Fuseini, is, however, calling for the withdrawal of the Bill because of the financial implications and the potential loss of jobs associated with its implementation.
“There is a large body of Ghanaians whose business is second-hand vehicle dealing and they were represented at the joint committee meeting. They raised the point that this Bill… does not offer second-hand vehicle dealers any protection.”
