{"id":14523,"date":"2022-01-27T19:22:06","date_gmt":"2022-01-27T19:22:06","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/ask-your-mps-to-pass-e-levy-and-hold-me-accountable-for-all-expenses-finance-minister"},"modified":"2022-01-27T19:51:13","modified_gmt":"2022-01-27T19:51:13","slug":"ask-your-mps-to-pass-e-levy-and-hold-me-accountable-for-all-expenses-finance-minister","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/ask-your-mps-to-pass-e-levy-and-hold-me-accountable-for-all-expenses-finance-minister","title":{"rendered":"Ask your MPs to pass e-levy and hold me accountable for all expenses\u2014Finance Minister"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span> The Finance Minister, Ken Ofori-Atta, has asked Ghanaians to \u201cconvince\u201d their Members of Parliament (MPs) to pass the Electronic Transactions Levy (E-Levy) Bill and hold him accountable for all revenues and expenses.<\/p>\n<p>The Minister reiterated that the time had come for the citizenry to \u201cburden share\u201d in the development of the country with the Government by paying that tax.<\/p>\n<p>He said the e-levy would help increase revenue as the country moved into an e-commerce economy, and invest such revenues into debt sustainability, infrastructure development and youth entrepreneurship. Mr Ofori-Atta said this at the closing ceremony of the 73rd University of Ghana Annual New Year School and Conference in Accra on Wednesday.<\/p>\n<p>\u201cWhat I was really expecting Parliament was to say, we\u2019re going to get 6.9 billion from this new tax revenue measure. So how then do you [Finance Minister] report to me [Parliament] on a quarterly basis on the uses of the fund and its application so that we move on,\u201d he said.<\/p>\n<p>Mr Ofori-Atta\u2019s call on the citizenry to ask their MPs to pass the e-levy comes at a time that the Government has started town hall meetings to explain and get feedback on the Bill.<\/p>\n<p>Mr Haruna Iddrisu, the Minority Leader, has asked the Finance Committee of Parliament to also engage in consultations beyond what the government was doing, following a petition to Parliament by the Mobile Money Agents Association over the same issue.<\/p>\n<p>Touching on the concerns by some people that the 1.75 percent was high, Mr Ofori-Atta, explained that the Government had engaged telecommunication operators to accept a 0.25 percent absorption to cushion Ghanaians.<\/p>\n<p>\u201c\u2026You go to the issue of 1.75 percent e-levy and people will say that\u2019s too high even though we exempted transfers of less than a 100 cedis. The arguments were coming \u2018fast and furious\u2019 and we had to listen and reassess that in terms of the impact of the 1.75 percent. We were able to come down by 0.25 percent [by the telcos], which means that the impact will go down for the average Ghanaian,\u201d he said.<\/p>\n<p>He added that: \u201cWe will still be able to retain revenues needed for these three critical areas of debt sustainability, infrastructure build-up and ensuring that our YouStart programme becomes a standard in our socio-economic development.\u201d<\/p>\n<p>At the end of the Annual New Year School, it was recommended that the Government introduced innovative ways of mobilising domestic revenue and cut down on \u201cunnecessary expenditure and wastage in the public sector.\u201d<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. The Finance Minister, Ken Ofori-Atta, has asked Ghanaians to \u201cconvince\u201d their Members of Parliament (MPs) to pass the Electronic Transactions Levy (E-Levy) Bill and hold him accountable for all revenues and expenses. The Minister reiterated that the time had come for the citizenry to \u201cburden share\u201d in the development of the country [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":14522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[5092,5096,429,2532,7057],"class_list":["post-14523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-ghana","tag-ghana","tag-minister","tag-mps"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ask your MPs to pass e-levy and hold me accountable for all expenses\u2014Finance Minister - Ghana<\/title>\n<meta name=\"description\" content=\"The Finance Minister, 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