Audio By Carbonatix
Parliament has completed the second reading of the Electronic Transfer (E-Levy) Bill.
The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout.
It is currently being considered by a Majority-sided House as some proposed amendments are carried out.
This development followed a showdown between both sides on Tuesday.
The Finance Minister is currently in the House to push for the bill's passage a day to President Akufo-Addo's State of The Nation Address.
From the onset, the Minority had accused the Majority Caucus of smuggling into the Order Paper the consideration of the controversial Electronic Transaction Levy (E-levy).
According to the Tamale South MP, E-levy was not enlisted in Parliament’s business statement for this week.
He questioned why the Majority will pull such a surprise on the opposition National Democratic Congress (NDC) legislators.
But Deputy Finance Minister, Abena Osei-Asare, urged Members of Parliament to join hands in passing the Electronic Transaction Levy (E-Levy) Bill to enhance the country’s economic recovery process.
According to her, Ghanaians have already accepted the tax revenue measure and expect its passage.
This, she stated, will help address domestic challenges derailing growth of the local economy, a development which has led to a high cost of living in the country.
But after a 30-minute break, the Minority Leader announced that his side will have nothing to do with the Bill.
He maintained that the outcome will bring untold hardship to the populace. On that note, he led the NDC MPs to vacate the chamber.
Latest Stories
-
UHAS halts semester exams over administrative, logistical issues
2 hours -
ECG announces planned maintenance outages in parts of Ashanti Region
2 hours -
Sexual harassment has no place in educational institutions – Education Ministry
3 hours -
The growing culture of vacation classes in Ghana: Should students rest or continue schoolwork?
3 hours -
E.P. Church secures radio frequency, prepares to launch Bremen Radio
4 hours -
Two dead and hundreds evacuated as twin fires break out on Greek island
4 hours -
EPCG clears over GH¢11.7m in debt as outgoing moderator calls for tighter controls on borrowing
4 hours -
Mövenpick Ambassador Hotel Accra marks 15 years of premium hospitality
4 hours -
T-bills auction: Government exceeds target by 88%, interest rates tumble
5 hours -
Western North: Confusion erupts over NPP chairmanship election results
5 hours -
Bawumia congratulates newly elected NPP regional executives
5 hours -
Bawumia urges unity after NPP regional elections ahead of 2028
6 hours -
Russia says at least seven killed in largest Ukrainian attack of 2026
6 hours -
Ghana and Netherlands sign pact to combat illicit drugs and drug markets
6 hours -
Akandoh warns Boards against interfering in day-to-day management of health institutions
6 hours