Mr Joe Ghartey, MP for Essikado-Ketan, claims the contentious E-levy would solve Ghana’s job crisis.
A 1.75 per cent fee on all electronic transactions was announced by Finance Minister Ken Ofori-Atta on November 17, 2021.
Mobile money payments, bank transfers, retailers, and remittances will all be affected by the E-levy.
Following the Finance Minister’s presentation of the 2022 budget, Mr Ken Ofori-introduction Atta’s of the E-levy has sparked debate among residents and experts.
On Friday, January 28, he said that the administration has discovered measures to support the young by generating financial chances for them to work.
A financial chance to work via the E-levy has been selected as one of the government’s approaches to support the young, he added.
According to him, the E-levy would extend the tax net, generating enough cash for government objectives like job creation and policy execution.
“Some localities don’t even have one km of asphalt road; the E-levy will help fund substantial infrastructure improvements.
E-Commerce Association of Ghana (ECAG) warns the government’s efforts to digitize the economy would be wasted by 2022.
This would erase all government digitalization advances and would be a huge U-turn to the government’s objective of a Cash-lite economy, it warned.
The Association’s Executive Director, Mr Paul Asinor, stated that although the project would increase the government’s tax collection base, it would have far-reaching consequences on consumers and companies if not thoroughly considered.
Source: TheBBCghana.Com
