{"id":974291,"date":"2022-02-03T02:09:20","date_gmt":"2022-02-03T02:09:20","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/02\/03\/e-levy-is-regressive-finance-lecturer\/"},"modified":"2022-02-03T02:09:20","modified_gmt":"2022-02-03T02:09:20","slug":"e-levy-is-regressive-finance-lecturer","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/02\/03\/e-levy-is-regressive-finance-lecturer\/","title":{"rendered":"E-Levy is regressive \u2013 Finance lecturer"},"content":{"rendered":"

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Let’s hold a national dialogue on Ghana\u2019s need to return to IMF \u2013 Prof Bokpin <\/b><\/p>\n

E-levy not the way to go, Finance lecturer <\/b><\/p>\n

Support E-levy, Ken Ofori-Atta <\/b><\/p>\n

Finance Lecturer at the University of Ghana Business School, Professor Godfred Bokpin, has described the most talked-about tax, E-levy, as regressive. <\/p>\n

He indicated that E-levy is not the remedy to solve the country’s problems as stated by government.<\/p>\n

Prof. Bopkin said E-levy cannot be used to cushion government after spending extravagantly.<\/p>\n

Speaking on Eyewitness News, the finance lecturer said it’s about time government holds a national conversation on returning to the International Monetary Fund (IMF) for financial assistance than burden Ghanaians with taxes.<\/p>\n

\u201cI don\u2019t support E-levy because it is not the way to go. It\u2019s regressive and even if it\u2019s passed, it\u2019s not Ghana\u2019s solution. But for going back to IMF, let\u2019s have a national conversation around it. Let\u2019s have a home-grown way with clear benchmark indicators and requirements,” Prof. Bopkin said.<\/p>\n

“That cannot support this large government and wasteful expenditures. This is the kind of home-grown solution we are talking about because we can\u2019t largely leave out the inefficiencies and talk about E-levy as the only solution. No, we have to look at it holistically,\u201d he added.<\/p>\n

Meanwhile, Finance Minister, Ken Ofori-Atta has warned of dire consequences for the Ghanaian economy if the E-levy is not passed.<\/p>\n

He, therefore, entreated Ghanaians to support the passage of the E-levy bill.<\/p>\n

TWI NEWS<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Let’s hold a national dialogue on Ghana\u2019s need to return to IMF \u2013 Prof Bokpin E-levy not the way to go, Finance lecturer Support E-levy, Ken Ofori-Atta Finance Lecturer at the University of Ghana Business School, Professor Godfred Bokpin, has described the most talked-about tax, E-levy, as regressive. He indicated that E-levy is not the […]<\/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":[2099,457,2530,4051],"class_list":["post-974291","post","type-post","status-publish","format-standard","category-business","tag-elevy","tag-finance","tag-lecturer","tag-regressive"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974291","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=974291"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974291\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=974291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=974291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=974291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}