According to the Chief Executive Officer of the Public Sector Reforms, Mr. Thomas Kusi Boafo, the E-levy charge may suffer an increase as the government of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo is embarking on an IMF bailout.
According to him speaking recently on Wontumi Television Morning Show, the charge on the Electronic Levy may be increased from 1.5% to 3%.
He recalled a statement he made during a discussion with Oheneba Nana Asiedu, who happens to be the Morning Show Host of Wontumi Television, hitting hard on the point that, the International Monetary Fund, IMF is there to ensure stability of the currency in its depreciating state.
“I said in the past that if we don’t accept the 1.5% charge on the E-levy and we head towards the International Monetary Fund, the E-levy will suffer a wild increment, but let’s see what happens”.
According to him, Ghanaians in a way failed to accept the 1.5% charge on Electronic transactions because there has been a huge drop on Electronic transactions ever since the E-levy charge was initiated.
This happens to be the reason why the Government is heading towards the IMF due to failed expected revenue.
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