According to him, the estimated expected revenue from the Electronic Transaction Levy introduced in May this year which was 600 million has only yieded less than 60 million and it looks like there's no hope for the government.
He stated precisely that "Even if we find the $3-5 billion required, will that help? E-levy which was to have given us some 600m by now has done less than 60m."
To Gabby, after the insults, court actions by the opposition, the NDC and Ghanaians complaints when the E-Levy was accepted and it's subsequent implementation, the revenue of the country has not changed.
Our debt level is still high and cedi also struggling compared to other countries.
He stated "After 5 months of stalemate and bashing, the e-levy, after implementation, is delivering only 10% of estimated revenues; our revenues remain very low as compared to the rest of the world; debt levels dangerously high, cedi, like most currencies, struggling against the US dollar…".
Finally, the Pan-Africanist and the owner of Asaase Radio asks about options that are opened to the government "What options are open to government?".
What do you also think are the options for the government and this country considering the crisis we are faced with currently?
Content created and supplied by: Lawrinda (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More