President Nana Addo Dankwa Akufo-Addo has said despite the \u201cunnecessary\u201d disputation ongoing with regard to the E-levy, his government would continue to pursue that agenda nonetheless to revamp the economy.<\/p>\n According to Nana Akufo-Addo, the government spent a lot to lessen the burden on Ghanaians during the peak of the COVID-19 pandemic and, as such, it has become necessary to get adequate revenue to keep the economy going.<\/p>\n Addressing chiefs from Dzodze in the Volta Region on Tuesday, 1 February 2022, the President said: \u201cRevenues, during 2020\/2021 went down considerably because of the slowing down of the economic activities that came from the COVID-19\u201d.<\/p>\n \u201cAt the same time, the government, in order to keep the country going, did incur some expenditures on the free water, the free electricity [services]\u201d, the president said, adding: \u201cThese were the unavoidable expenses that government had to make…\u201d<\/p>\n \u201cThese are the efforts that we are now making, which are being resisted by the opposition but we will try and close the gap\u201d, he promised.<\/p>\n \u201cThat is the reason it has become necessary for us to use these measures like this famous tax which has caused so much unnecessary disputation; nevertheless, we would continue\u201d, Mr Akufo-Addo said.<\/p>\n President Akufo-Addo added that despite the opposition to the levy, \u201cI am determined to persevere to make sure that we find the means to address some of the issues.\u201d<\/p>\n The minority in parliament and a cross-section of the population have kicked against the e-levy and called on the government to drop it.<\/p>\n However, these calls have fallen on deaf ears.<\/p>\n The government has explained that the upsurge in the use of e-payment platforms, as a result of the COVID-19 pandemic, has been an impetus for the introduction of the levy.<\/p>\n As a result, Ghana recorded a total of GHS500 billion from e-transactions in 2020 compared with GHS78 billion in 2016.<\/p>\n The government says the e-levy proceeds will be used to support entrepreneurship, youth employment, cyber security, and digital and road infrastructure, among others.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has said despite the \u201cunnecessary\u201d disputation ongoing with regard to the E-levy, his government would continue to pursue that agenda nonetheless to revamp the economy. According to Nana Akufo-Addo, the government spent a lot to lessen the burden on Ghanaians during the peak of 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":[4098,648,4099,2099,275],"class_list":["post-974733","post","type-post","status-publish","format-standard","category-business","tag-039unnecessary039","tag-akufoaddo","tag-disputation","tag-elevy","tag-president"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974733","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=974733"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974733\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=974733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=974733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=974733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"President](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/706\/70659887.295.jpg\" "\\"President")
President Nana Addo Dankwa Akufo-Addo<\/span><\/span><\/p>\n<\/div>\n