The Executive Director of Revenue Mobilisation Africa, Geofrey Kabutey Ocansey, has said it is expected that the government will remain committed to scrapping the E-Levy as promised.
He said although the E-Levy was originally introduced to generate revenue for essential services, it has caused more harm than good.
The expert notes that the levy brought untold hardship on Ghanaians and it would be prudent to scrap it.
“The E-Levy, which was introduced in 2022 on electronic transactions, affected businesses, and so we will monitor and see if it will be scrapped. There are other nuisance taxes that have outlived their usefulness and must be scrapped.”
He advised the government to roll out measures that will ensure fiscal discipline, an expansion of the tax net to bring in more people to pay their taxes.
Mr. Ocansey also proposed to the government to introduce measures that will prevent corruption, especially in the collection of road tolls and other sectors of the economy.
He said there was the need to also invest in agriculture and industrialisation to help reduce our dependence on the importation of poultry and other commodities, since that will help the cedi appreciate against the dollar.
Speaking on Nyankonton Mu Nsem on Rainbow Radio 87.5FM, he stressed the need for the government to support businesses to expand, employ more, and in that way, help expand the tax base.
“We need to regain trust so compliance with tax obligations will increase,” he said.
The budget will stabilise the economy, generate revenue domestically – Minsiter
Meanwhile, the Minister of Finance, Dr. Cassiel Ato Forson, has assured the Ghanaian public that the budget, which will be presented tomorrow, March 11, 2025, will feature initiatives meant to reduce the cost of living and doing business in Ghana.
The budget he noted will stabilise the economy, generate revenue domestically, and spur shared growth.
On March 7, 2025, Dr. Forson visited Makola Market in Accra, where he engaged with market women, head porters (kayayei), and traders ahead of the budget presentation.
“It was a privilege to interact with these hard-working Ghanaians who tirelessly support our economy,” Dr. Forson said after the visit. “Their expectations for #Budget2025 will play a key role in shaping our shared future.”
Dr. Cassiel Ato Forson has also hinted in the engagement that the government plans to increase the school feeding grant from GHC 1.20 to GHC 2.00 per student.
By: Rainbowradioonline.com/Ghana
