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GHANA WEATHER

Minority still opposed the introduction of E-Levy in current form

Minority vow to reject 2.5 % increase in VAT
Minority Leader, Haruna Iddrisu
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By Bubu Klinogo

The Minority Leader, Haruna Iddrisu has restated the resolve of his side to still oppose the introduction of the E-Levy. The proposed one-point-75 percent Levy on Electronic Transactions above 100 Ghana cedis, has been a major point of departure between the Minority and the Majority as well as Government.

Currently, there is a stalemate over the Budget, whereas the Minority insists the Budget stands rejected, the Majority says it is approved, subject to certain concessions or modifications. At a News Conference December 6, 2021, the Finance Minister, Ken Ofori-Atta disclosed that he had written to the Speaker detailing the modifications which address the concerns of the Minority and the public.

Responding to the Minister’s Letter after the Minority demanded it to be laid before the House, the Minority Leader, Haruna Iddrisu acknowledged that it addressed most of their concerns. However, on the major and vexed issue of the E-Levy, Mr. Iddrisu said the Minority stands opposed to it in its current form.

Responding to Mr. Iddrisu, Deputy-Majority Leader, Alexander Afenyo-Markin said it is significant that the Finance Minister has addressed most of the concerns of the Minority.

“Even on the issue of the Levy, the Minister said his doors are still opened for further negotiations and consultations”.

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