By Lawrence Gyan
Some residents of Sunyani have expressed mixed reactions over the passage of the Electronic Transfer Levy also known as the E-Levy.
According to a section of residents who spoke to Radio Ghana, the E levy will compound the already difficult economic situation in the country. Others also think the passage of the levy is a step in the right direction, as it is going to give the government revenue to undertake it’s proposed projects.
The Electronic Transaction Levy which has become a subject of controversy in the country has been passed by Parliament amidst a boycott by the Minority. The Levy will introduce a 1.5 % rate on electronic transactions including mobile money transactions, a reduction of the 1.75 % initially proposed.
Interacting with GBC News on the development, a section of residents of Sunyani were not happy about the passage.
They maintain the tax is going to affect the already dire economic situation in the Country.
On the flip side, the other section believes the tax is a legitimate way of mobilising revenue for the government to fund projects.
Meanwhile, some mobile money agents have expressed fears that their businesses might collapse following the passage of the E-Levy, otherwise known as MOMO Tax.
