Financial specialist, Professor Peter Quartey, has approached the Finance Minister [Ken Ofori-Atta] to declare a decrease in the ongoing rate applied to the Electronic Transfer Levy when he conveys the 2022 mid-year spending plan survey before Parliament.
Before the duty measure was passed by the greater part moved House in March this year, there were different worries over its rate which was at 1.75 percent and consequently decreased to 1.5 percent for every single electronic exchange.
Despite the fact that administration demanded the expense measure will fill income holes, its execution has created just 10% of assessed income with partners requiring the duty measure to be rejected.
Sharing his perspectives in front of the 2022 mid-year financial plan show on July 13, the Director of Research Institute of Statistical, Social and Economic Research (ISSER) contended for the rate to surveyed downwards as opposed to being rejected.
"I anticipate that the Minister of Finance should view at the E-Levy for example as it isn't yielding the required income. I think we need to update the rate downwards, regardless of whether we need to then fix a portion of the concessions given to various partners. Thus, I expect the Finance Minister to decrease it, to assist us with raising the required income," he is cited to have said by Citi Business News.
In the mean time, Finance Minister, Ken Ofori-Atta will convey the mid-year financial plan survey of government on July 13, 2022.
The show is probably going to see the clergyman table a solicitation before House for the endorsement of valuable evaluations.
The Government of Ghana has proactively initiated proper commitment with International Monetary Fund (IMF) for monetary help.
The show is probably going to see the clergyman table a solicitation before House for the endorsement of valuable evaluations.
The Government of Ghana has proactively initiated proper commitment with International Monetary Fund (IMF) for monetary help.
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