The Minister for Finance, Ken Ofori Atta has said that the Ghanaian economy has sunk hence encouraging Ghanaians to support the implementation of the e-levy.
The minister has revealed that due to the deteriorated economic system of Ghana, the government is unable to undertake or continue developmental projects, implement salary increments due to a lack of funds.
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Ken Ofori Atta made this submission during the Government Town Hall meeting in Wa. He emphasized the need for the implementation of the electronic levy in order for the government to undertake developmental projects in the country.
“I look at teachers and civil servants for example, and I will be the first to admit that the salaries are indecent, nobody will argue with that. At the same time, it is 60 percent of all the revenue we collect from 700,000 people [go into salary payment,] that is also a fact,” Ken Ofori-Atta stated.
“So yes, there is a legitimate demand for more and there is a legitimate reality that there is no money. So, what do we do as a society? Then you ask me to give you more salary, which is fine, then I say, but it is your colleague civil servants who collect the money, so how can you be responsible for collecting the money, not collect it and then tell me to give you the money. That will be another issue,” he added.
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The discussion of the e-levy in parliament and Ghana as a whole has become a topic of interest as many people have stood against the implementation of the policy. The Minority caucus has also vowed to kick against approving the E-Levy citing it will place more hardship on the ordinary citizen.
The tax measure, if approved, would place a charge of 1.75 percent on all electronic transactions that are more than GH¢100 daily.
Source: www.ghgossip.com
