{"id":1144133,"date":"2022-07-07T16:17:13","date_gmt":"2022-07-07T16:17:13","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/07\/07\/keep-e-levy-to-assure-imf-you-can-repay-loans-government-urged\/"},"modified":"2022-07-07T16:17:13","modified_gmt":"2022-07-07T16:17:13","slug":"keep-e-levy-to-assure-imf-you-can-repay-loans-government-urged","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/07\/07\/keep-e-levy-to-assure-imf-you-can-repay-loans-government-urged\/","title":{"rendered":"Keep E-levy to assure IMF you can repay loans \u2013 government urged"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"540\" class=\"entry-thumb\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/07\/FKH2SL2XwAU1QhT-Copy-696x540.jpg\"   alt=\"This is what you will pay for MoMo transaction if e-levy is passed (Source- GBC)\" title=\"This is what you will pay for MoMo transaction if e-levy is  passed (Source- GBC)\"\/><figcaption class=\"wp-caption-text\">This is what you will pay for MoMo transaction if e-levy is  passed (Source- GBC)<br \/>\n<\/figcaption><\/figure>\n<\/div>\n<p>An Associate Professor at Andrews University in the USA, Williams Kwasi Peprah, wants the government to maintain the Electronic Transaction Levy (E-Levy) since it will be one of the major tax tools to generate revenue for the country.<\/p>\n<p>According to him, this may convince the International Monetary Fund (IMF) to give the country adequate funds to shore up its balance of payments.\u00a0<\/p>\n<p>Professor Peprah is also calling for a review of government\u2019s economic policies to correct the structural imbalances within the economy.<\/p>\n<p>He tells Joy Business managers of the economy must admit that the country is experiencing a serious payment imbalance because of structural impediments, among others.<\/p>\n<p><!-- \/22191989129,1002554\/MGL\/mgl_ado_atunwa_300x250 --><\/p>\n<p>\u201cGhana needs to admit that it is experiencing a serious payment imbalance because of structural impediments or slow growth and an inherently weak balance of payment position. Ghana should provide a comprehensive programme including the policies needed to correct the structural imbalances over an extending period.\u201d<\/p>\n<p>He added that \u201cthe government should agree to adjust its economic policies to overcome the problem that led to seeking financial aid. And finally, Ghana\u2019s programme should be for a maximum period of four years.\u201d<\/p>\n<p>Another important element, Dr Peprah pointed out, is a plan for the full repayment of the funds IMF will assist the country with, adding \u201cthe government should maintain the e-levy tax to give assurance to IMF that this will be the basis of making funds available to pay the fund within a maximum period of 10 years.<\/p>\n<p>\u201cThis may sit well with the IMF and Ghana may qualified for Extended Facility Fund from the IMF\u201d, he explained.<\/p>\n<p><strong>ALSO READ:<\/strong><\/p>\n<p>            <!--  [embed]https:\/\/www.youtube.com\/watch?v=videoseries[\/embed]<!--\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>--><\/p>\n<div class=\"youtube-embed\" data-video_id=\"vxYS4a868Pg\"><iframe loading=\"lazy\" title=\"Premtobre Kasee on Adom TV (7-7-22)\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/vxYS4a868Pg?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This is what you will pay for MoMo transaction if e-levy is passed (Source- GBC) An Associate Professor at Andrews University in the USA, Williams Kwasi Peprah, wants the government to maintain the Electronic Transaction Levy (E-Levy) since it will be one of the major tax tools to generate revenue for the country. According to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1085271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[6114,2099,1090,3074,4184,19935,581],"class_list":["post-1144133","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-assure","tag-elevy","tag-government","tag-imf","tag-loans","tag-repay","tag-urged"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1144133","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=1144133"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1144133\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1144133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1144133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1144133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}