VP Dr Mahamudu Bawumia on Thursday, April 7, 2022,
conveyed a two-extended address on the present status of Ghana's
economy. As indicated by the Vice President, his talk conveyed at the Tertiary Understudies Confederacy (TESCON) Conference at the Pentecost Assembly hall in Gomoa Fete, was pointed toward tending to issues
encompassing what is felt in the pockets of Ghanaians. "From the man in the city to the business tycoon, the food we eat, the garments we wear, the safe house we look for or have, to the altruism we stretch out to loved ones, the strength of the economy is what we feel in our pockets," he said. In the Vice President's own words "times are hard," and his talk further pointed toward tending to the reasons for the current monetary
difficulties and how the government is managing them. Bawumia promoted a few victories by the public authority including steps in the computerized space. Notwithstanding, in front of the talk, assumptions were shared on how the VP was supposed to share his own perspectives on some
government approaches and matters of the economy including the dubious Electronic Transfers Levy also called E-Levy.
Aside from the discussion encompassing the 1.5% duty to be forced on electronic exchanges by the public authority, the assumptions
on the VP's location on E-Levy relied on him already expressing his resistance to burdening portable cash.
"I don't figure Mobile Money ought to be burdened because the vast majority of individuals who utilize the assistance are destitute individuals so assuming you put
more assessments on it they will endure," he told Kwame Sefa Kayi of Peace FM during a meeting in 2017.
Despite the exclusive standards for the acting president to end his quietness on the E-Levy, Dr Bawumia scarcely scratched the
the surface of the conversation on the new assessment strategy which as of late gotten official consent.
In his whole 129 paged address, Vice President Mahamudu Bawumia referenced the E-Levy once in "passing" as he recorded it
among some expense arrangements presented by the Nana Addo Dankwa Akufo-Addo government.
"Lovely people, as a component of measures to get the economy in the groove again, further develop homegrown income activation and
further, develop effectiveness, the government expanded various duties.
"These include: The augmentation of the National Fiscal Stabilization Levy and the Special Import Levies from 2020 to 2024;
The burden of an extravagance vehicle demand which was subsequently abrogated; Increase in CST from 6% to 9% and accordingly decreased
from 9% to 5%; Increase in National Health Insurance Levy from 2.5% to 3.5% 46; Sanitation and contamination Levy of 10
pesewas on the cost of a litre of petroleum/diesel; Energy area recuperation toll of 20 pesewas for each litre of petroleum/diesel; A
monetary area tidy up the toll of 5% on the benefit before the expense of banks, and; The presentation of an E-Levy of 1.5% on
electronic monetary exchanges," the VP recorded.
The VP anyway kept up within his location that despite contentions by the resistance, this administration
has stayed faithful to its commitment to pull together the economy from a tax assessment based to a creation based economy.
"The proof and the information is accordingly evident that we have gained great headway in moving from an emphasis on tax assessment to a
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