No jobs would be lost if E-Levy is implemented \u2013 John Kumah<\/b><\/p>\n With education, Ghanaians would see the benefit of E-Levy – John Kumah <\/p>\n E-Levey reduced to 1.5% – Deputy Finance Minister<\/p>\n A Deputy Finance Minister, John Ampontuah Kumah, has indicated that a study conducted by government has shown that mobile money (MoMo) transactions would reduce by 24 percent should the E-Levy be implemented, in its first six months.<\/p>\n John Ampontuah said this in an interview on CitiTV\u2019s \u2018The Big Issue\u2019 added that the study also showed that with education the number of people who stop using momo would decline.<\/p>\n \u201cThe research we did also told us that there will be about 24 percent attrition rate in the three months to six months that we will introduce it.<\/p>\n \u201cThe research same told us what should be done to bring back these people after a while, and we have all these things in place,\u201d he was quoted by citinewsroom.<\/p>\n The deputy minister who is also the member of parliament (MP) for Ejisu said that government has therefore put in place measures to educate Ghanaians on the importance of paying the E-Levy.<\/p>\n \u201cIt is a matter of engagement and letting people understand that, don\u2019t avoid it. It is your pride of place as a Ghanaian to know that your contribution is helping to build your country,\u201d he said.<\/p>\n \u201cWhy would an extra 1.5 percent make people feel like they are no longer going to [use mobile money] when they know the extra 1.5 percent is even to their own benefit because, at the end of the day, these taxes are for you and me,\u201d he added.<\/p>\n The MP also noted that the 24 percent decrease in momo transactions would not lead to momo merchants losing their jobs.<\/p>\n \u201cThe government is \u201cmore than confident\u201d that the level of attrition rate \u201cwill not lead to job losses,\u201d he added.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Momo transaction to reduce with passage of the E-Levy No jobs would be lost if E-Levy is implemented \u2013 John Kumah With education, Ghanaians would see the benefit of E-Levy – John Kumah E-Levey reduced to 1.5% – Deputy Finance Minister A Deputy Finance Minister, John Ampontuah Kumah, has indicated that a study conducted by […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2099,678,679,2427,1848,1312,2387],"class_list":{"0":"post-772959","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"tag-elevy","8":"tag-john","9":"tag-kumah","10":"tag-momo","11":"tag-passed","12":"tag-reduce","13":"tag-transactions"},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/772959","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=772959"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/772959\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=772959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=772959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=772959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Momo](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/270\/27081248.295.jpg\" "\\"Momo")
Momo transaction to reduce with passage of the E-Levy<\/span><\/span><\/p>\n<\/div>\n