Audio By Carbonatix
President Akufo-Addo has reiterated the need for Ghanaians to rally behind government's decision to implement a 1.75% levy on all electronic transactions.
In a tweet on Thursday, he said through the levy, government will be able to mobilise revenue to improve the country's road infrastructure while providing job opportunities for the teeming number of unemployed youth in the country.
Akufo-Addo also added that the levy will help in reducing the country's reliance on debt.
"The E-levy will provide government with revenue to build more roads, provide more jobs and opportunities for the youth and reduce our dependence on debt", the tweet read.
The President's tweet was also accompanied by a video explaining the need for the levy.
The e-levy will provide Government with revenue to build more roads, provide more jobs and opportunities for the youth and reduce our dependence on debt. #GhanaNeedsTheELevy #ElevyForDevelopment pic.twitter.com/c2ecGOa412
— Nana Akufo-Addo (@NAkufoAddo) January 26, 2022
The President's tweet adds to efforts by government to sensitise Ghanaians on the relevance of the levy and why it must be passed. In this regard, government is also holding a town hall meeting to engage citizens on the E-levy Bill and solicit the citizenry's support.
However, the Minority in Parliament have affirmed their readiness to kick against the Bill, despite the arguments from government.
According to the Minority, government has failed to manage the revenue accrued from previous taxes, and thus the e-levy will not address the country's revenue challenges.
The Minority have also argued that if passed, the Bill will make life difficult for many more Ghanaians and collapse small scale businesses.
Meanwhile, a group, calling itself "Justice 4 Ghana', is picketing at Parliament to pressure members to reject the Bill.
The group leader, Bernard Monarh, told JoyNews that they will stay at post until the 'obnoxious' Bill is finally rejected.
Latest Stories
-
I have supported highway authority financially to fix roads in my constituency – A Plus
53 minutes -
US, Iran fail to reach peace agreement after marathon talks in Pakistan
1 hour -
ECG kicks off Phase Two of transformer upgrades at Lashibi; brief outages expected
2 hours -
Port crises loom as 11,000 drivers threaten four-day strike
3 hours -
A source of excellence across generations – Vice President Opoku-Agyemang lauds Mfantsipim
4 hours -
(Photos) Mfantsipim School launches historic 150th anniversary
4 hours -
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
5 hours -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
5 hours -
Monetise Idiocy In Ghana
5 hours -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
6 hours -
Nearly 400 sentenced in Nigeria for links to militant Islamists
7 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
7 hours -
Methodist Church hails Mfantsipim@150; calls for “fresh consecration” to excellence
7 hours -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
7 hours -
Kwaku Azar writes: A-G vs OSP
7 hours