The Electronics Transfer Levy, also known as e-levy, would not have been introduced by the government if the Covid-19 pandemic had not wreaked havoc on the Ghanaian economy, according to Deputy Majority Leader Alexander Afenyo-Markin.
He stated that the pandemic’s consequences on the Ghanaian economy, as well as the global economy, necessitated sensible steps to expedite recovery efforts.
He added in Fante that the administration decided it was better not to remove programmes like teacher trainee allowances or nurse trainee allowances, but rather to introduce an all-inclusive strategy.
He claimed that after introducing social-intervention programs such as the Free Senior High School Program, the government did not levy any fees to ensure their continuation.
As a result, he believes the e-levy should be viewed as a critical policy that will aid in the continuation of large intervention programs now being implemented by the current administration.
According to him, the e-levy will ensure that the country’s road expansion and development continue unabated.
As Ghana moves away from aid, Ursula Owusu-Ekuful, Minister of Communications and Digitalisation, believes that domestic revenue mobilization is critical.
“We are talking about a Ghana Beyond Aid, we need to be able to finance our own development and stop the dependence on either loans or grants or aid from other countries if we are to be truly independent.”
Because of resistance from the Minority in Parliament, the Electronics Transfer Levy Bill was unable to pass after the 2022 budget statement was presented.
It is expected to return to Parliament next week for a final vote by members before being approved or rejected.
On Thursday, a meeting between Finance Minister Ken Ofori-Atta and the Minority in Parliament ended in a stalemate.