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The Speaker of Parliament, Mr Alban S.K. Bagbin, has assured the business community of the commitment of the House to extensively engage them on the proposed amendment of laws that stifle the growth of local businesses.

In line with the pledge, he said, Parliament would directly engage the business community on the drafting of amendments to laws that affected their operations to ensure the growth of businesses for national development.

The Speaker gave the assurance at a meeting with a delegation from the Private Enterprises Federation (PEF) at Parliament.

Issues of taxes

Mr Bagbin was addressing concerns raised by the federation on some compelling issues affecting the growth of the private sector, including laws bordering on taxes.

"One of the things I want to do is engage civil society to present drafts on proposed amendments that will better serve the business community. I will get the relevant committees to look at the specific laws in question and work with you to address the concerns," he added.

Dialogue platform

The President of PEF, Nana Osei Bonsu, who led the delegation, said it was time for the Legislature to create a periodic dialogue platform where issues affecting the private sector could be discussed with members of the House.

He said matters affecting the private sector, including shortcomings in the tax collection system and the general misunderstanding of tax laws by the business community, must be addressed by Parliament.