‘Don’t tax MoMo’ – Minority Chants To Oppose E-levy

    The Minority in Parliament has reiterated its opposition to the Electronic Transaction Levy Bill currently before the House.

    This fresh opposition is coming at the time the Finance Minister and the Minister of State in charge of Finance, Charles Adu-Boahen are back in the House for the debate on the passage of the controversial Bill.

    Speaker Alban Bagbin is also back in the House and presiding over the business of the day.

    Addressing the House, Member of Parliament for Yapei Kusawgu, John Jinapor noted that the idea behind the E-levy is a lazy man’s economics.

    “So far just in one year, Cocoa price has moved up, gold has equally moved up, crude oil has equally moved up, all our major exports, the prices have moved up and yet our net reserves where this money goes to, has dropped from GHC8billion to GHC5billion. Mr. Speaker, what is the true state of the Ghanaian economy today. Our deficit is the worst out of 40 African countries, our debt to GDP is 80.1%…having taken the people of Ghana through this difficulty why then do you want to take their little money they put in their mobile money wallet,” he said.

    John Jinapor argued that government should rather think about measures to cushion Ghanaians instead of imposing taxes amid the current economic crisis.



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