Business, Politics

Ghanaians Kick Against E-Levy

5 0
Read Time:1 Minute, 48 Second

Ghanaians have condemned the proposed E-Levy by the government scheduled to take effect in January, 2022 as stated in the budget presented to parliament.

The finance minister, Ken Ofori Atta stated that in the year 2022, all transactions made through electronic channels will attract a fee of 1.7% of the total amount. This levy will be imposed on bank transactions, Mobile Money transactions and other related transactions. However, it seems Ghanaian businesses and individuals who use electronic means in their transactions are unhappy with the tax proposal.

According to the minister of finance, the proposed E-Levy will help the government accumulate more funds to construct roads and do developmental projects in the country. It appears that most roads in the country are either in bad shape or have not been constructed for proper plying of vehicles. This, some residents and road users have been complaining about since the inception of the NPP government. Poor road network has resulted in many demonstrations, road blocking and burning of car tyres. The government believes the E-Levy will help solve the problem of poor road network in the country.

Law makers of the opposition party in parliament have also displayed their displeasure with the E-Levy, condemning it as they believe will burden the ordinary Ghanaian who works ‘from hand to mouth’ and also put financial constraints on businesses. To some, this will discourage the digitalization policy by the government which seeks to transform the economy.

Social media users have sent posts and comments on the subject, condemning it as a foul play by the government. The same government, before taking on power in the 2016 general elections in their campaigns announced to Ghanaians that there is enough money in the country to help boost the economy and develop the nation. But sadly, the then NDC government had been mismanaging the country’s resources, hence the poverty and financial difficulties in the nation.

Ghanaians find it strange for the promising NPP government to introduce E-Levy on its citizens after making those campaign promises in 2016, and have since its announcement in parliament condemned it.

Put together by CY


Happy
Happy
50 %
Sad
Sad
0 %
Excited
Excited
50 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *