Dean of the School of Performing Arts at the University of Ghana, Professor Kofi Agyekum, popularly known as Opanyin Agyekum says government would've achieved its target as far as the controversial Electronic Transfer Levy (e-levy) is concerned had it headed to earlier calls from Ghanaians to reduce it.
The government had earlier proposed a rate of 1.75%. However, after a massive pushback, the government adjusted it downward to 1.5% on electronic transfers. Despite the adjustment, the government claims it has not been able to meet its target.
Subsequently, in its 2023 budget, the government reduced it further to 1%.
Listen to Opanyin Agyekum's reaction on Peace FM's morning show 'Kokrokoo'
Source: Peacefmonline.com
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Prof paaaa, who told you the E-levy has not been successful? It has been very very successful. I thought they have gotten all the money they want from this levy, the more reason why the percentage have been reduced from 1.5% to 1. %. If not why the reduction and not an increase in the percentage. At times you just can't tell what goes into the thinking of so called politicians in Ghana. Why will any sensible person bank his or her hopes in a tax that can be avoided legally. If i don't send money electronically i don't pay E-levy, very simple and short. If you have a car/ vehicle and you drive on Ghana's roads you can't avoid paying road tolls , someone goes ahead to suspend a tax that cannot be avoided and now rely on a tax that can be avoided easily to fund road construction, how? Currently long vehicles from neighbouring Burkina Faso, Mali and Niger cross over into Ghana drive all the way to tema harbour, load heavy cargo using our roads for free in and out. Now Ghana's vehicles that cross over into these countries pay road tolls in and out, hmmmm. Today same person who we are told is a lawyer comes out to say the law on road tolls have not been abolished, so which law did you rely on in the first place to suspend payment of road tolls in Ghana. In opposition they have all the solutions, give them power and it's like, Hey is it same people who came looking for power?