John Dumelo has had his say about the ongoing 'brouhaha' in the country and also in Parliament concerning the E-levy. According to John Dumelo, generating money from the country is not such a bad idea. He believes that every country should generate money internally.
He however added that the 1.75% should be reduced to just 1% and with a minimum threshold of ¢200.
He made this revelation today on his Facebook Page.
He believes that the current E-levy policy would be counter productive. He explained his point by saying that the government's dream of bringing on board a cashless economy will not be achieved if the current E-levy policy is maintained. He also added that financial inclusion will also not be achieved therefore the E-levy rate and threshold should be altered. He wants the E-levy to be charged on monies from 200 cedis and above and at one percent rate.
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