An increasing number of persons are having their say concerning the proposed Digital transaction levy, in a different way referred to as E-levy. The levy, which can impose tax on cellular cash transaction, Banking and overseas remittance transfers, has generated some heated debate in Ghana since its announcement within the 2022 price range, learn in November final 12 months.Â
As a part of the continued debate, Pleasure Fm’s morning display host, Kojo Yankson may just now not perceive why Ghana, which had borrowed 40 billion bucks from 2017 to 2021 on my own, may just level to E-levy as its saviour. “If 40 Billion Bucks may just now not save the Financial system, what is going to E-levy Do? He retorted.Â
His remark is in response to a few solutions govt officers were giving in protection of the tax.Â
In different to persuade the voters to enhance and pay the E-levy, govt, via its Finance Minister, has given many {qualifications}. Key amongst those persuasive arguments by means of Minister Ken Ofori Atta is that, the Financial system will endure with out this Momo tax. In some example, the Data Minister, Kojo Opong Nkrumah says; the rustic can have to visit the Global Financial Fund (IMF) for bail out.Â
The seasoned journalist is clearly now not satisfied by means of this argument.Â
He went additional in his observation to listing probably the most herbal sources the rustic boasts of. Ghana has oil, fuel, Bushes, Gold, Bauxite, Diamond and so on., but we don’t seem to be .Â
“Gold cash for many years have now not stored the economic system, oil cash have now not stored the economic system, Bauxite cash have now not stored the economic system.” began checklist.Â
“Diamond cash has now not stored the economic system, Cocoa cash has now not stored the economic system.Â
Since 2017, with added 40 Billion to our debt. What can E-levy do to us” the bewildered Kojo Yankson lamented.
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