Ghanaians have been exhorted to sacrifice to support the E-levy in order to attain the desired national development and job creation prospects, according to Local Government Minister Dan Botwe.
“The socio-economic problems of the country require sustainable revenue generation strategies to tackle and so government has no intention to make life difficult for the people of Ghana. The E-Levy is a thought-through budget proposal to meet the huge demands of development,” he said.
As a result, the government required popular cooperation and understanding in order to achieve the E-goals Levy’s for the benefit of Ghanaians.
Mr Botwe, who is also the Member of Parliament for Okere, made the remarks during a short durbar to mark the end of the Annual Odwira Festival of the chiefs and people of Adukrom in the Eastern Region’s Okere District.
All hands must be on deck to support government programs in the fight for national prosperity, he said.
He denied suggestions that the E-Levy was a terrible policy that would alienate the public.
He said that the government needed more revenue to satisfy the high needs of growth, noting the large number of unemployed university graduates who required government assistance.
“The demand for good roads, schools, and hospitals amidst the huge burden of ensuring that there are job opportunities for the young ones far outweigh similar demands in my days as a youth and we, as a people, must all come to that realisation”.
The proposed Electronic Transaction Levy (E-levy), which is a charge of 1.75 percent of the value of electronic transactions and covers mobile money payments, bank transfers, merchant payments, and inward remittances, was announced by the government in the 2022 Budget and Economic Policy presented to Parliament.
This, however, has not gone over well with a large portion of the people.
While some have criticized it as a second taxing on already overburdened taxpayers, others have questioned its utility in promoting national development since the total revenue from oil, gold, and cocoa, among other sources, has not been used wisely for the same reasons.
Mr Botwe urged on traditional authorities to take a keen interest in education so that no child is left behind in the Free SHS Policy and other initiatives aimed at economic empowerment.
He donated GHC20,000 to the Adukrom Education Fund on behalf of the Master Dako Foundation, which was established in memory of his late father.
Nana Otutu Kono, the Chief of Adukrom, had previously stated that the Traditional Council and educational partners had established an Education Fund to boost educational standards and access in the area.