{"id":1258624,"date":"2022-11-26T13:08:27","date_gmt":"2022-11-26T13:08:27","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/11\/26\/government-must-be-commended-for-reducing-e-levy-rate-john-kumah\/"},"modified":"2022-11-26T13:08:27","modified_gmt":"2022-11-26T13:08:27","slug":"government-must-be-commended-for-reducing-e-levy-rate-john-kumah","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/11\/26\/government-must-be-commended-for-reducing-e-levy-rate-john-kumah\/","title":{"rendered":"Government must be commended for reducing e-levy rate &#8211; John Kumah"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/11\/John-Kumah-1024x576.png\" \/><\/p>\n<div id=\"article-text\">\n<p>A Deputy Finance Minister has said the government\u2019s decision to reduce the e-levy rate means it is a listening government.<\/p>\n<p>Dr John Kumah says the government must therefore be commended for reducing the rate from 1.5% to 1%.\u00a0<\/p>\n<p>According to him, per data available to him, there has been 60% increment in mobile money usage.\u00a0<\/p>\n<p>He was speaking on <strong>JoyNews\u2019 Newsfile<\/strong> on Saturday.\u00a0<\/p>\n<p>But he also said some telecoms operators are still not running their systems through the common platform created for the implementation of the levy.\u00a0<\/p>\n<p>\u201cE-levy we all saw the commotion around its regulatory processes in terms of making the law and the impact it had (at) its implementation.\u00a0<\/p>\n<p>\u201cOf course I can say per the data I have seen that there is some 60% growth in terms of the usage of MoMo and it\u2019s impacts of the revenue we are generating under e-levy.\u00a0<\/p>\n<p>\u201cWe still have challenges because not all operators channel their system through the common platform that has been created. So a lot of compliance issues (exist) but having reduced the rate to 1% means that we are a listening government.\u201d<\/p>\n<p>The government hopes reducing the Electronic Transfer Levy rate from 1.5% to 1% will allow more Ghanaians to use the service.<\/p>\n<p>However, the daily transaction threshold of \u00a2100 has also been removed.\u00a0<\/p>\n<p>This was announced by the Finance Minister, Ken Ofori-Atta on Thursday, November 24, during the 2023 budget presentation.<\/p>\n<p><strong>DISCLAIMER: <\/strong>The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Deputy Finance Minister has said the government\u2019s decision to reduce the e-levy rate means it is a listening government. Dr John Kumah says the government must therefore be commended for reducing the rate from 1.5% to 1%.\u00a0 According to him, per data available to him, there has been 60% increment in mobile money usage.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1258627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1258624","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1258624","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=1258624"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1258624\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1258624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1258624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1258624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}