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Nana Kay

2 years ago

REVERSING E-LEVY WILL NOT SOLVE GHANA?S ECONOMIC WOES - PROF ADEI

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Politics

2 years ago



Reversing the Electronic Transfer Levy (E-Levy), according to economist Prof Stephen Adei, would not alleviate Ghana's economic problems.

 

Arise Ghana, a pressure organization, wants the government to reverse the levy, terminate the Agyapa transaction, lower gasoline costs, and stop the categorization of the Achimota Forest.

 

 

 

"Interestingly, I was looking through social media and I saw a planned demonstration by a group called Arise Ghana on June 21, I think they are giving sufficient notice, and as I look through them, they have five complaints," Adei said at the opening of the Financial Economic Seminar in Accra on Monday (13 June).

"So, I walked down to read what their request to the government was, and there were four of them, which was intriguing. The E-Levy must be reversed, gasoline prices must be cut, the Agyapa agreement must not be implemented, and the EI of the Achimota Forest must be overturned. And I stated that even if the government accomplished all four of these things, it would not improve the existing situation, not because they are insignificant," Prof Adei explained.

 

He also encouraged attendees to provide remedies to Ghana's economic problems.  "I am anticipating very serious dialogues in this forum," he continued, "as to where we came from, why we are here, what are the alternatives for the future for a country like Ghana, and which courses may be most fit."

Bernard Mornah, a key member of the Arise Ghana Movement, has stated that the pressure group is planning to mobilize Ghanaians to the streets on June 21, 2022, in protest of the country's mounting woes.

 

 

Arise Ghana is a civil society pressure organisation that attempts to alter Ghanaian society via lawful and legal techniques of influencing public policy.

 

 

 

"We're providing the other side of the story that policymakers are probably unaware of, and if they care, they'll pay attention."  All of this will be taken into account as we shape the future of our country," Mornah stated.

 

"We have gone on protests numerous times and it looks that our leaders and policymakers are not yielding whenever we go on the streets," Mornah remarked on The Forum on Saturday (4 June). They assume it's one of those things, so to be honest with you, the group decided to have a one-week continuous demonstration."

 

 

"However, some believed that we should begin by observing policymakers' reactions, then regroup and make a choice moving ahead." This is only the beginning of a chain of events that will unfold in reaction to the answer.

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