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Ghanaians react massively as the minority in Parliament say they will not support the E-levy

The digital economy is an emerging economy that is borne out of the advancements of technology. The digital economy firms cut out aspects of the retail chain, thereby increasing their profit margins. To facilitate the digital economy, a strong electronic payment that enables the exchange of cash between a buyer and a seller must be efficient. On this note that, Many Ghanaians are in awe as to why the New Patriotic Party that prides itself on championing a digital economy will impose a levy on the electronic payment system.

The 2022 budget statement that was read before Parliament by the Finance Minister, Ken Ofori-Atta stipulates that pending Parliamentary debate and approval or otherwise, electronic transactions shall attract a levy of 1.75% on Ghs100 or more worth of transactions effective 2022. This has been met with stiff disapproval and public outcry. But the minority leader, Haruna Iddrisu has said they share in the view that, if this tax becomes effective, it will be a disincentive to the digitization drive the nation has embarked upon. He, therefore, stated that the minority caucus in Parliament will not support it.

At a time in our democracy where the numbers in the house do not hugely favor one side, this is either the majority or minority, Ghanaians expect good and thorough work to be done on the bill. But some do not have hope in the minority given what transpired during the vetting of the nominated ministers of states. 

Ghanaians took to the comments section of TV3 who shared the story.

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Ghanaians Haruna Iddrisu Ken Ofori-Atta New Patriotic Party

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