{"id":1189032,"date":"2022-08-24T13:50:49","date_gmt":"2022-08-24T13:50:49","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/24\/e-levy-new-data-from-finance-ministry-shows-government-rakes-in-less-than-7-of-target\/"},"modified":"2022-08-24T13:50:49","modified_gmt":"2022-08-24T13:50:49","slug":"e-levy-new-data-from-finance-ministry-shows-government-rakes-in-less-than-7-of-target","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/24\/e-levy-new-data-from-finance-ministry-shows-government-rakes-in-less-than-7-of-target\/","title":{"rendered":"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target"},"content":{"rendered":"<p><\/p>\n<div id=\"article-text\" style=\"line-height: 2; letter-spacing: -0.5px;font-size: 18px;\">\n<p>                        <!--p class=\"ky_saved_articles_link\"><span class=\"ky_saved_articles_hide\"><img decoding=\"async\" src=\"\" class=\"ky_saved_articles_img\" alt=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\" title=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\"><\/span> Bookmark<\/p-->\n<p>Fresh data from the Finance Ministry has shown a significant shortfall in revenue from the controversial electronic transfer levy.<\/p>\n<p>The data released in the last hour shows that the government has raked in less than seven per cent of its target.<\/p>\n<p>The e-levy was initially expected to rake in \u00a26.9 billion by the end of 2022 of which it was revised significantly to \u00a24.5 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"819\" height=\"431\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/08\/E-levy.jpg\" alt=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\" class=\"wp-image-10032157976\"   title=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\"\/><\/figure>\n<p>According to JoyNews\u2019 Data Analyst, Isaac Kofi Agyei, information from the Ministry\u2019s provisional data span in the first span and second quarters of 2022 has reported that it has collected \u00a292.7 million.<\/p>\n<p>Comparing the amount raised (\u00a292.7 million) to the initial target (6.9 billion) indicate that a percentage of 6.4 per cent has been raked.<\/p>\n<p>However, making a comparison with the revised target (\u00a24.5 billion) shows that \u201cit is just 6.2 of what government says it has collected so far.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"468\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/08\/E-levy-1-1024x468.jpg\" alt=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\" class=\"wp-image-10032157987\"   title=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\"\/><\/figure>\n<p>Also, breaking the data down further to a month-on-month basis, the month of May was targeted to rake in an amount of \u00a2487.4 million.<\/p>\n<p>Information provided shows that \u201cso far, only \u00a239.4 million has been collected which is just 8.08 per cent of the targeted amount.\u201d<\/p>\n<p>\u201cAnd for June, \u00a2417.8 million and so far we have raked in \u00a254.3 million and this is just 12.99 per cent.\u201d<\/p>\n<p>                <!-- Post Tags --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fresh data from the Finance Ministry has shown a significant shortfall in revenue from the controversial electronic transfer levy. The data released in the last hour shows that the government has raked in less than seven per cent of its target. The e-levy was initially expected to rake in \u00a26.9 billion by the end of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1189035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[443,2099,457,1090,459,5024,962,1922],"class_list":["post-1189032","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics","tag-data","tag-elevy","tag-finance","tag-government","tag-ministry","tag-rakes","tag-shows","tag-target"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1189032","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=1189032"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1189032\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1189032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1189032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1189032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}