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October 18th , 2024

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THERE’LL BE AN ECONOMIC DISASTER IF E-LEVY FAILS TO GO THROUGH – KEN OFORI-ATTA

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Finance Minister, Ken Ofori-Atta, has cautioned of critical financial results for the nation in case the Electronic Transaction Levy aka E-Levy charge comes up short to pass.



Talking in Koforidua at a government town lobby assembly to persuade the open to bolster the charge arrangement, he stressed that financial picks up made by government in later a long time will slow down in case Ghanaians do not bolster the activity.


The Minority in Parliament have demanded they will not back the degree but the Finance Minister says the later Fitch downgrade of Ghana could be a foretell of what is to come in case the charge isn't passed.


“In the event that we wear’t do this E-levy, we are fair pushing ourselves in a way that would potentially conclusion up in such a catastrophe. There was a caution of that since last week was a really troublesome week for the nation.”




“Last week we got downgraded by Fitch since they do not accept we may raise the incomes that we had forecasted since we were battling almost E-levy…so we got to direct that since the results are fast,” he said.


Agreeing to him, the nation needs the require to extend her financial fortunes; subsequently, Ghanaians ought to be enthusiastic around the approach because it will allow us approximately ¢6.9 billion.”


Talking at the closing ceremony of the 73rd College of Ghana Yearly Unused Year School and Conference on Wednesday, the Minister emphasized that the time had come for the citizenry to “burden share” within the advancement of the nation with the government by paying that charge.



He at that point inquired the citizenry to ‘persuade’ their individuals of Parliament to pass the charge and hold him responsible for all the incomes and costs.


“What I was truly anticipating was for Parliament to say, we’re attending to get $6.9 billion from this new tax income degree. So how at that point do you [Finance Minister] report to me [Parliament] on a quarterly premise on the employments of the finance and its application so that we move on,” he said.


In the interim, a convener of FixTheCountry, Oliver Barker-Vormawor, has said individuals of the gather were turned absent from the town lobby assembly and ambushed.



He included in an interaction with JoyNews that they have held up a report with the police for advance examinations and suitable sanctions.

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