The Finance Minister Ken Ofori Atta has disclosed that the government will consider issues raised over the 1.75% E-Levy and will reduce it accordingly
He noted that the government in consultation with the various telecommunication companies will scale back the proposed 1.75% levy on all electronic transactions in the country.
“We have considered the issue of the 1.75% E-Levy in which Mr Speaker, we’re in discussions with the telcos and to scale back and moderate the impact of the 1.75% E-Levy so that in the end, the impact on the citizenry will be manageable,” he stated.
He was speaking when he made his final presentation on the budget statement on Tuesday, November 30, 2021.
The Minority had raised concerns over the levy and demanded the scrapping of the levy.
The Minority had demanded that “government should suspend the E-Levy and properly engaged stakeholders to agree on a reasonable policy. How can mobile money payments, bank transfers, merchant payments, and inward remittances be charged 1.75%? The policy is retrogressive, not pro-poor and does not support the much-touted digitalisation agenda and cash lite economy that we all yearn for.”
The Minority’s had also asked the government to properly reconstruct the wording relating to Aker Energy and also involving the GNPC acquisition of stake from Aker Energy and AGM Petroleum.
The Finance Minister responding to that said
“Mr Speaker, there was an issue about Aker Energy which we agreed in our statement that we will correct the language appropriately during committee meetings and that, we commit to doing,” he added.
By: Rainbowradioonline.com/Ghana
