Popular Businesses man, Martin Edmond Micheal has called on Sierra Leone’s President, Julius Maada Bio to reject the new Finance Act.

In a post shared on Twitter, Micheal who is the current Managing Director for Mercury International described the new Finance Act as draconian and not good for business and economic development.

Morning all. My wish this Easter weekend is that @PresidentBio refuses to sign that draconian Finance Act into law and calls for serious review of the implication of the Finance Act. The Act is not good for business and economic development. During the budget the Govt Promised,” he tweeted.

Meanwhile, the Parliament of Sierra Leone has on Tuesday, 4th April, 2023 debated and passed into law, the Bill entitled: ‘The Finance Act 2023″, for the economic growth and development of Sierra Leone.

However, the Bill seeks to provide for the imposition and alteration of taxes, to give effect to the financial proposals of the-Government and to provide for related matters for the Financial Year 2023.

Presenting the Bill to Parliament, the Minister of Finance, Ahmed Fantamadi Bangura said the Bill is predicated on the Government’s commitment to domestic revenue mobilization, in light of improving economic aspirations, payment of salaries and building confidence in growth amidst multiple crises across the world.

Both as Managing Director at Mercury International and in his personal capacity, Martin has supported projects in education, health, conservation as a way of giving back to society.