• Mon. Aug 15th, 2022

NDC’s 2020 manifesto does not capture E-levy – Haruna Iddrisu

ByEditor

Feb 24, 2022 ,

The Minority Leader in Parliament, Haruna Iddrisu, has denied that the National Democratic Congress’s (NDC) 2020 election agenda contains the E-levy.

He challenged anyone making such a claim to show him where in the paper the 1.75 percent E-levy is captured.

The NDC announced that it will “work with retailers to encourage their clients to pay for goods and services electronically” prior to the 2020 elections.

They pledged to “promote digital finance to boost financial inclusion and growth,” as well as “collaborate and construct a robust financial system through partnerships” with “a variety of financial and technology companies.”

The NDC also promised to “migrate and enforce all Person-to-Government (P2G) payments into the electronic payment ecosystem, starting with migrating all major revenue-generating ventures of Government into e-Payment platforms such as was envisaged under the e-Ghana Project and will be applicable in all sectors – financial and non-financial,” as well as “allow each institution to develop its own portal system where Government services by that institution will be accessed, as well as allow each institution

According to the statement, they intend to “enact a strict policy on cash-based bank transactions in order to regularize the volume of cash transactions that can be made at banks’ branches and via ATMs,” as well as “ensure a strong protection regime by building strong safety measures for fraud victims in the IT ecosystem.”

Haruna Iddrisu claimed in Parliament on Wednesday, February 23, that “they have also made strong and fierce efforts to say that E-levy is mentioned in NDC’s manifesto.” I can state categorically that Ken Ofori-Atta was the first to implement the 1.75 percent Electronic Transaction Levy in Ghana. Share any page of the NDC’s manifesto where a 1.75 percent levy on electronic transactions or transfers is mentioned.”

Haruna Iddrisu then chastised Finance Minister Ken Ofori-Atta for claiming that the District Assemblies Common Fund (DACF) could only be paid if the e-levy was approved.

Mr Ofori-Atta has stressed the necessity of Ghanaians supporting President Akufo-efforts Addo’s to impose an electronic transaction tax.

The administration cut the rate from 1.75 percent to 1.5 percent, although the charge continues to be opposed by a sector of Ghanaians and the Minority in Parliament.

Since then, the administration has been touring the country, hosting ‘Government Townhall Meetings on E-Levy,’ in the hopes of rallying public support for the tax policy.

During the fourth townhall meeting in Wa, in the Upper West Region, Mr. Ofori-Atta said the money is needed to pay for vital government expenditures, as well as to build infrastructure and create jobs.

He noted that while the E-Levy may not bring in a significant number of money, the revenue collected should be enough to cover the government’s expenses.

He continued by saying that if the Minority had not objected to the initiative, the government would have began realizing funds that would have been used to pay the District Assembly’s Common Fund.

“E-levy, as small as it may appear, will be GH7 billion this year if we start early so we can pay your District Assembly Common Fund, but your [opposition] is sitting on it,” he noted.

The Minister pointed out that the NDC controls the majority of MPs in the Upper West’s 11 seats, so he’s not surprised they reject the e-levy.

“If I look at Upper West, where we have 11 constituencies…we have 340,000 young people who are unemployed, and eight of our MPs are members of the NDC.” “What reason will they have to support an e-levy that is looking at a GH10 billion YouStart project that aspires to go to the heart of employment?” he said.

“Hate the NPP all you want, but what about the 340,000 unemployed kids in your country?” He was baffled. He pondered, “What is the reason?”

Haruna Iddrisu continued, “He is thought to have suggested in the Upper West region that pay E-levy for me to be able to pay the District Assembly Common Fund.”

“Ghanaians should reject him as an insincere minister who does not uphold the values of Article 252 of the 1992 constitution, which mandates a 5% deduction from gross revenue for the District Assembly Common Fund.

“He is in arrears from 2018 to 2019, 2020 to 2021. He owes over $2,133,000,000 in back taxes, despite the fact that he has been collecting money and has not made available even a predetermined 5% of that revenue, as required by the 1992 constitution.

“As a result of a lack of basic resources, many Regional Coordinating Councils and District Assemblies have become dysfunctional.” As a result, he should stop misleading Ghanaians by claiming that the District Assembly Common Fund justifies the E-levy.”

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