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Parliament approves GHS1.6m tax waiver for earthquake devices

Ghana’s Parliament has approved a GHS1.6 million tax waiver for the procurement of equipment and devices to monitor earthquakes in the country.

This comes after a 4.0 earth tremor magnitude hit parts of Accra last month.

Ghana has been experiencing earth tremors once a while.

The approval of the waiver which is in respect of the Ghana Radio Astronomy Project and Colocation of the Satellite Earth Observation Group receiving station at Kuntunse for the Ghana Space Science and Technology Institute (GSSTI) is thus expected to serve as a huge boost for the country’s earthquake predictions.

Presenting the report of the Finance Committee on the tax waivers, Chairman of the Committee, Dr Mark Assibey Yeboah, said the project is expected to contribute significantly to the development of “highly-skilled human capital for sectors of the economy, such as software, mechanical and structural, electronic and electrical, control and monitoring engineering and various filed in science and technology.”

The report also noted that “an integral part of the telescope facility will be a Global Navigation Satellite System (GNSS) reference receiver, a Geodetic-level Antenna and Seismic System to study the weather, earthquakes and plate tectonics.”

 

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Atuobi Alex

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