Economist and professor of finance, Godfred A. Bokpin, has welcomed Dr Mahamudu Bawumia's proposal to scrap the electronic transaction level [E-levy] if elected as President in December 2024.
He described Dr Bawumia's decision as a "bold step".
However, Prof Bokpin says Dr Bawumia as Vice President, can use his existing influence within the New Patriotic Party to push for the removal of the e-levy and other taxes now, rather than waiting until he is elected.
In a radio interview with Accra-based Peace FM on Monday [August 18, 2024] Prof Bokpin noted that many economists and concerned Ghanaians had advised against the implementation of the e-levy, but the government chose to proceed.
He welcomed Dr Bawumia's commitment to scrap the tax, emphasising that the e-levy "has no future in this country," regardless of who assumes power.
NPP Manifesto
While launching the Election 2024 manifesto of the New Patriotic Party (NPP) in Takoradi on Sunday [August 18, 2024], Dr Bawumia announced that when given power in the Presidential election slated for December 7, 2024, he will scrap the e-levy.
The e-levy was introduced in May 2022 by the Akufo-Addo-led government to generate more revenue to undertake government projects in the country.
Reacting to Dr Bawumia's pledge to scrap the tax, Prof Bokpin pointed out that the opposition National Democratic Congress (NDC) and other presidential aspirants have also pledged to stop the e-levy if given the mandate.
Latest Stories
-
NCCE to embark on indefinite strike on September 18
15 mins -
NPP ‘fiercely’ opposes actions that compromise EC’s independence – Henry Nana Boakye
15 mins -
Political actors must prioritize issues of women and children in electioneering – ICGC PVV
31 mins -
Empowering change: Political commitments to Ghana’s Affirmative Action
33 mins -
Akufo-Addo sacks NSA Director General following CAF’s withdrawal of Baba Yara license
37 mins -
FWSC urges NCCE staff to stay planned strike action in favour of negotiation
37 mins -
The Story of Your Name: an Emotional Justice project
41 mins -
Uefa Champions League returns to Hitz FM and Joy FM
47 mins -
I’ll introduce community mining scheme to eradicate galamsey – Bawumia
48 mins -
Galamsey: Meeting between TUC and gov’t Ad-hoc committee ends inconclusively
53 mins -
BoG pledges to continue to bolster engagements with financial institutions to reduce fraud
58 mins -
Miss Malaika Ghana 2024: The glow-up season top 20 unveiled
1 hour -
Deloitte holds ‘Managing Employee Income Tax & Expatriate Immigration Compliance’ training
1 hour -
CSE report warns decline in groundwater in African countries, urges revival of ancient rainwater harvesting techniques
1 hour -
EC must examine NDC grievances and address them – Frimpong Manso Institute
1 hour