{"id":1004079,"date":"2022-02-25T15:57:11","date_gmt":"2022-02-25T15:57:11","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/02\/25\/e-levy-is-a-national-economic-renaissance-former-deputy-trade-minister\/"},"modified":"2022-02-25T15:57:11","modified_gmt":"2022-02-25T15:57:11","slug":"e-levy-is-a-national-economic-renaissance-former-deputy-trade-minister","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/02\/25\/e-levy-is-a-national-economic-renaissance-former-deputy-trade-minister\/","title":{"rendered":"E-Levy is a national economic renaissance\u2014Former Deputy Trade Minister"},"content":{"rendered":"<p><\/p>\n<div style=\"font-size: 17px;\">\n                                                   Tema, Feb. 25, GNA \u2013 Mr Carlos Kingsley Ahenkorah, former Deputy Minister of Trade and Industry, has tagged the Electronic Transaction Levy (E-Levy) as a national economic renaissance policy that would serve as a game-changer for the country.<\/p>\n<div class=\"kMultiLine\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/1.21421580.jpg\" width=\"100%\" height=\"\" alt=\"\" title=\"\" class=\"kMediaObject\"\/><\/div>\n<div class=\"kMultiLine\">He described the E-Levy as a modern and transformed economic means of tax collection, which ensures that most of the citizens were captured in the tax net to aid the country\u2019s development.<\/div>\n<div class=\"kMultiLine\">Speaking at the Ghana News Agency Dialogue session, Mr Ahenkorah, who is the Member of Parliament for Tema West Constituency, said the E-Levy was a forward-looking tax regime to ensure that local resources were mobilized for national development.<\/div>\n<div class=\"kMultiLine\">The GNA Dialogue is a platform for state and non-state operators to communicate to the world on national and global issues.<\/div>\n<div class=\"kMultiLine\">The Tema West MP explained that the E-Levy was the best alternative to develop the country rather than going in for loans, adding \u201cno nation can develop based on loans, as loans come with conditionalities, as well as the high-interest rate for repayment.\u201d<\/div>\n<div class=\"kMultiLine\">He said taxing the citizens through E-levy would enable the country to avoid the incurring of more debts since the funds raised through the citizens&#8217; taxes would help in the development of the country.<\/div>\n<div class=\"kMultiLine\">&#8220;Where else do we expect the government to get funds from to enable Ghanaians to enjoy the benefits of security and freedom, if not from the taxes we pay,&#8221; he said.<\/div>\n<div class=\"kMultiLine\">He reiterated that only a few people were paying their taxes consistently, whereas the rest of the citizens do not despite the amount of money they made.<\/div>\n<div class=\"kMultiLine\">He said, &#8220;those out there on the streets hustling are making lots of money than some of those in the offices but still are not paying the required taxes&#8221;.<\/div>\n<div class=\"kMultiLine\">Mr Ahenkorah stated that the government was voted into power to help develop the country and needed these taxes from every citizen to fulfil the aspiration of the Ghanaians.<\/div>\n<div class=\"kMultiLine\">He mentioned, &#8220;you put the government into power with a task and under the dynamic leadership of President Nana Addo Dankwa Akufo-Addo, a policy direction through E-Levy is being introduced for accelerated national development.<\/div>\n<div class=\"kMultiLine\">\u201cGhanaians must rather support the creative idea of the E-levy, let\u2019s put partisan politics aside and focus on national development.&#8221;<\/div>\n<div class=\"kMultiLine\">Mr Ahenkorah explained: &#8220;That is why the government is relying on you and me to put the money in the country&#8217;s coffers by paying our taxes through E-levy.&#8221;<\/div>\n<div class=\"kMultiLine\">Mr Francis Ameyibor, GNA Tema Regional Manager, explained that the Dialogue formed part of a broader objective of the Agency to be the source of news on Ghana\u2019s investment and industrialization drive, economic and tourism potential.<\/div>\n<div class=\"kMultiLine\">\u201cAs Industrial News Hub, GNA has created a platform for industrial players to use, for other stakeholders to reach out in a proactive means while serving as grounds to address national issues.\u201d<\/div>\n<div class=\"kMultiLine\">Mr Ameyibor said there was the need for GNA to reach out to the government and people in authority with issues while bringing the understanding of the government\u2019s policy to the people.<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tema, Feb. 25, GNA \u2013 Mr Carlos Kingsley Ahenkorah, former Deputy Minister of Trade and Industry, has tagged the Electronic Transaction Levy (E-Levy) as a national economic renaissance policy that would serve as a game-changer for the country. He described the E-Levy as a modern and transformed economic means of tax collection, which ensures that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1004080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[651,3010,2099,1223,1093,5451,915],"class_list":["post-1004079","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-deputy","tag-economic","tag-elevy","tag-minister","tag-national","tag-renaissanceformer","tag-trade"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1004079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1004079"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1004079\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1004079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1004079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1004079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}