Business

2022 budget: Finance C’ttee suspends consideration of E-Levy

The Finance Committee of Parliament has suspended consideration of the Electronic Transactions Levy Bill, 2021.

The minority has threatened to shoot down the controversial 1.75% E-Levy which is to affect mobile money Transactions among others arguing it is regressive.

Government will have to table the bill again after the Christmas break should the committee fail to table bill it in the plenary.

According to the finance minister, the total digital transactions for 2020 were estimated to be over GH¢500 billion (about $81 billion) compared to GH¢78 billion ($12.5 billion) in 2016. Huge growth in just five years.

Source: Ghana/Starrfm.com.gh/103.5FM

GWO

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