E-Levy will bring in more development – Deputy Finance Minister 

A Deputy Minister of Finance, Dr John Ampontuah Kumah has indicated that the passing of the Electronic Transaction Levy bill (E-Levy) into law will help in the development of the country.

On March 29, the Minority in Parliament was reported to have staged a walkout from parliament during the deliberation on the passage of the E-Levy, right before the second reading of the bill was made.

The Minister of Finance, Ken Ofori Atta, moved a motion in parliament asking the house to approve the second reading of the reviewed 1.5% E-Levy bill.

The decision has moved a chunk of Ghanaians to react.

But according to John Kumah who doubles as the Member of Parliament for the Ejisu constituency said, the passage of the bill will bring in more development in the country and has called on Ghanaians to support it.

According to him, “E-Levy will not collapse businesses nor impose hardship on Ghanaians, it will rather augment the financial status of the country. So, I will call on Ghanaians to support the government”.

“E-levy will help Ghanaian’s youths as in creating more jobs and construction of roads in the country”.

He said that although the processes leading to the passage of the bill have been long-drawn-out, he believes the levy will contribute significantly to revenue mobilization.

Mr Kumah disclosed government had planned to make E-Levy effective in February 2022, but due to the delay of the bill, it will commence in April 2022.

“We planned to make it effective in April but due to its delay it has been extended to April,” he said.

Source: Newsroom Online

Deputy Finance MinisterdevelopmentE-levy