Kojo Oppong Nkrumah, the information Minister has said on Citi TV’s current affairs programme, ‘The Big Issue’, that Vice President, Dr. Mahamudu Bawumia really stood by his principle of protecting the poor when they were holding cabinet meetings over the E-levy
He said he was very vital in setting the 100 cedis threshold for the tax on e-levy. He did so to protect the poor so that at least they would not be very much affected by the E-levy
“He was very instrumental in Cabinet meetings and the EMT [Economic Management Team] meetings to ensure that that his principled argument of ‘protect the poor’ was upheld and that is why the threshold of GHC100 which accounts for 40% of MoMo transactions on a daily basis was excluded from this levy.
“So in substance, the two issues that people will want him to hear him speak to has been addressed. It may have been nice if he repeated all those that have been addressed but he necessarily didn’t have to do that,”
With all these being said by the information minister, one thing that is clear is that, persons who are able to send monies above 100 cedis are not poor.
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