Ghana’s Development Cannot Be Premise On E-Levy – Gov’t Told

Social Commentator, Nichiren Appiah, has decried the introduction of the electronic transaction levy presented in the 2022 budget. He said the development of the country cannot be relied solely on the implementation of the 1.75% levy

Government intends to charge a 1.75% levy on electronic transactions such as mobile money, bank transfers, and inward remittances in 2022.

The implementation of the e-levy remains contentious, as Minority MPs have tried various means to have it thrown out.

Many Ghanaians have called on the government to reconsider such a tax. They argue the levy is punitive.

According to him, Nichiren Appiah, the electronic transaction levy, also known as the E-levy, is not the best tax decision by government.

He said this was because of the current state of Ghana’s economy, especially given the time the country is facing economic challenges.

Speaking on Plan B FM ‘Nkosuo Nsem’ with Ohene Addo, Nichiren Appiah stated the e-levy when approved would worsen the suffering of ordinary Ghanaians.

“We should scrap the 1.75% e-levy, it is too high. Ghanaians are suffering, Left for me alone, I wouldn’t implement it. I am calling on the government to reconsider such a tax. The levy is punitive” he said

He also commended the Minority in Parliament for standing firm in opposing the proposed Electronic Transaction Levy (e-levy.

He said he is in full support of the Minority Caucus in exercising its parliamentary oversight in rejecting the levy.