Government, through the Information Ministry, will today hold another town hall meeting to discuss the controversial Electronic Transaction Levy (E-levy).
The 4th meeting will take place at the Regional Library, Wa, in the Upper West Region at 1:00pm.
Monday's meeting will enable government officials interact with residents in the region to find out whether or not the levy should be implemented.
Finance Minister, Ken Ofori-Atta, Information Minister, Kojo Oppong Nkrumah, Interior Minister, Ambrose Dery, Upper West Regional Minister. Dr. Hafiz Bin Salim and Deputy Minister of Sanitation and Water Resources, Issahaku Hamidu, will take turns to interact with citizens.
Three town hall meetings have already been held in the Western, Eastern and Northern regional capitals.
Since last year, government has been sensitizing Ghanaians on the need to embrace the levy. Government says the country needs to widen its tax net in order generate enough revenue for development.
According to government, revenue that would be raised from the electronic transaction levy would be invested in entrepreneurship, youth employment, security, digital & road infrastructure
However, a section of the populace have called for a reduction in the rate of 1.75%. Others have protested the introduction of the levy. But government is bent on proceeding with the implementation of the tax, hence the town hall meetings.
Meanwhile, Member of Parliament for Anyaa Sowutuom, Dr Dickson Adomako Kissi, has indicated that the Finance Ministry is considering the reduction of the current rate of the Electronic Transaction Levy (e-levy) further downwards.
Speaking on JoyNews’ AM Show, he noted that the current stance of the Ministry stems from the outcome of the various town hall meetings held by government.
“What I can say here is that I’m so happy through these town hall meetings, the Finance Minister is adjusting, which shows that he is listening and also that he is moving gradually from where he stood firmly. That is remarkable for me. I’m happy that it has come to 1.5% and it is even further down.”
“It is going further down. I have had interactions with the Finance Ministry,” he said.
Interacting with host, Benjamin Akakpo, Dr. Kissi added that: “Finance Minister was at 1.75% with the telcos taking 0.25%. Now, he is actually looking at moving to 1.5% and still the telcos absorbing the 0.25% which then brings it to 1.25%. These are concessions the Finance Ministry is making.”
Latest Stories
-
Ghana ranked 7th globally as biggest beneficiary of World Bank funding
5 mins -
IMF board to disburse $360m to Ghana in December after third review
10 mins -
Former Bono Regional NPP organiser donates 13 motorbikes to 12 constituencies
16 mins -
Securities industry: Assets under management estimated at GH¢81.7bn in quarter 3, 2024
21 mins -
Gold Fields Ghana Foundation challenges graduates to maximise benefits of community apprenticeship programme
2 hours -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
2 hours -
Boost for education as government commissions 80 projects
2 hours -
NAPO commissions library to honour Atta-Mills’ memory
2 hours -
OmniBSIC Bank champions health and wellness with thriving community walk
2 hours -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
3 hours -
NDC supports Dampare’s ‘no guns at polling stations’ directive
3 hours -
Police officer interdicted after video of assault goes viral
3 hours -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
3 hours -
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
4 hours -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
4 hours