Alexander Afenyo-Markin, the Deputy Majority leader in an interview said the electronic transaction levy(E-levy) will be reduced from 1.75% to 1.5%.
He said the reduction has been captured in the 2022 budget revised version which was submitted by Ken Ofori-Atta, the finance minister. The reduction of the E-levy is as a result of the government listening to the minority in Parliament concerns raised with reference to the budget, he said.
According to him “We have agreed on the policy, now government will come with a bill, in that bill, we will go clause by clause and that is where the extended stakeholder consultation engagement will again come up. We will look at certain provisions and the deal with certain concerns”.
However, many concerns have been raised by citizens signifying their opinions about the issues.
Mr Duffuor, the former governor of the Bank of Ghana, said the E-levy is high and should be reduced.
He also stresses that the implementation of the electronic transaction levy(E-levy) will be tantamount to double taxation.