Politics

e-Transaction Levy Services: Cabinet scraps GH¢241m allocation – Ablakwa alleges

Government to implement 1.75 levy on electronic transactions

NDC opposes new E-levy

Government defends E-levy

The government of Ghana will no longer be allocating some GH¢241,933,000 in the 2022 budget for some services in the implementation of the controversial Electronic Transaction collection, Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has alleged.

According to Mr Ablakwa, the decision to scrap the allocation made for service procurement was reached at a cabinet meeting.

“According to deep throat and unimpeachable sources, the scandalous allocation of GHS241,933,000 under the dodgy title of e-Transaction Levy Services in the 2022 Budget has been tabled for what was a heated discussion at a Cabinet Meeting President Akufo-Addo chaired a couple of days ago.

“My usually impeccable sources within Cabinet add that the offensive sweetheart deal is now off and that the sleazy allocation would no longer feature in the final Appropriation Act,” Mr Ablakwa wrote in a Facebook post.

The government of Ghana as part of its 2022 budget economic policies intends to impose a 1.75% levy on all electronic transactions.

As part of the policy implementation plan, the government allotted GH¢241,933,000 to be spent on services.

But some critics including the North Tongu MP, have described the GHC241,933,000 allocated for service procurement as sleazy and fulfilling shadowy business interests.

While the government maintains that the E-levy policy is a revenue mobilization policy aimed at national development, Mr Ablakwa has said discoveries such as the amount set aside for services makes it a “grand heist by family and friends.”

In his Facebook post alleging the cabinet decision, Samuel Okudzeto Ablakwa said the scrapping of the budgetary allocation has saved the nation a humongous amount which can be channelled towards other avenues of national development.

He is however optimistic that E-levy policy will be scrapped in its entirety.

“Thanks to our exposé and relentless united advocacy, we have saved Ghana a humongous GH¢242million.

“This colossal amount should rather be used to engage thousands of young unemployed graduates who are still languishing at home after many years.

“As we thank God for this collective victory on a holy Sunday, let’s pray for more grace and fortitude to eventually defeat the obnoxious and acutely regressive E-Levy,” he stated.

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