Business News

GHC241m E-levy Services not abandoned – Finance Ministry

The Finance Ministry has dismissed claims that government has suspended the allocation for the E-Transaction levy service in the 2022 budget.

The Ministry also noted in a statement that no private company has yet been selected for the collection as has been claimed in some quarters.

GHC241m E-levy Services not abandoned – Finance Ministry 1

GHC241m E-levy Services not abandoned – Finance Ministry 2

The North Tongu MP Samuel Okudzeto Ablakwa revealed that an allocation of ¢241,933,000 under the electronic transaction levy (E-levy) in government’s 2022 budget has been removed from the final Appropriation Act.

According to Okudzeto Ablakwa, a “deep throat and unimpeachable” source within Cabinet disclosed this to him.

 

In a Facebook post, Mr. Ablakwa noted that the decision not to feature the “scandalous allocation” in the Appropriation Act was taken after it was tabled during a “heated discussion” at a Cabinet meeting President Akufo-Addo chaired.

He explained that due to the relentless efforts by the Minority and Ghanaians, a whopping GH₵242million has been saved to be used for development.

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