An economist with the University of Ghana Business School (UGBS), Prof. Godfred Alufar Bokpin, has reiterated his stance on the e-levy, as not being the most sustainable means of raising revenue.
Speaking on the Super Morning Show on Monday, the Prof. Bokpin stated that the e-levy is not the best way to manage the country’s debt situation.
“I recognize government needs more money but the e-levy is not the way to go, the timing and given the government’s digitization drive.
“I have serious reservations about the e-levy. In terms of the principles and the implementation. And I think that is not the way to go,” he said.
He maintained that there are already existing tax avenues that can be explored with greater efficiency and compliance.
The e-levy is still under contention. Parliament is yet to finally decide as to whether it will be implemented or withdrawn.
The last time Parliament deliberated on the levy, the discussion degenerated into a brawl, leading to proceedings being adjourned.
Meanwhile, in a recent update on the current state of the levy, Information Minister, Kojo Oppong Nkrumah stated that “the levy is still on the tables.”
“It is a matter that government considers as key to revenue mobilisation to help deal with the legitimate demands that Ghanaians are making,” he added.
Latest Stories
-
Burnley score late to draw with Manchester United at Old Trafford
23 mins -
Bayer Leverkusen extend unbeaten run to 46 games after draw with Stuttgart
27 mins -
Chelsea come from two goals down to draw against Aston Villa
31 mins -
Andre Ayew scores in Le Havre’s 3-3 draw with PSG
41 mins -
GPL 2023/24: Kotoko draw with Medeama; Samartex go 7 points clear of Nations FC
53 mins -
Mahama cuts sod for construction of new multipurpose Jakpa palace in Damongo
1 hour -
NSS management assists Papao fire victims
2 hours -
EXPLAINER: Will dumsor end soon?
2 hours -
IMANI Africa takes on EC, accuses it of lying and publishing half truths
3 hours -
Manasseh Azure calls for investigation and prosecution of those responsible for GRA/SML contract
3 hours -
Kwesi Atuahene: Ghana’s health capital depends on HealthTech – Africa Center for Digital Transformation
4 hours -
13 signs your wife is planning on leaving you and you have no idea
4 hours -
IMANI Africa: Ghana’s EC’s dangerous and pathological conduct
4 hours -
If I speak there will be fire – Salah on Klopp row
5 hours -
Grieving after divorce is normal, but this particular kind of grief isn’t
5 hours