E-Levy: ‘Stop lying to Ghanaians, come clean and confess’ – Atuguba charges govt

Raymond Atuguba   Speaks Prof. Raymond Atuguba

Tue, 1 Mar 2022 Source: www.ghanaweb.com

Prof. Raymond Atuguba has charged govt to confess about difficulties in managing the economy

He said Ghana needs E-Levy else the economy will collapse

Prof Atuguba further told the govt not to lie to Ghanaians

Prof. Raymond Atuguba, Dean of the University of Ghana School of Law, has stated that the government must confess its difficulties in managing the economy in order to win public support for the Electronic Transaction (E-Levy) Bill.

Speaking at a forum organized by Solidare Ghana, Prof. Atuguba suggested that due to the government’s own commentary about the economy under the Mahama government, it must come clean to Ghanaians and admit that those comments were unfounded.

“The starting point for passing the E-levy is for government to stop lying to the citizenry, come clean and confess that they thought the job of managing the economy was simple, but now they know better, plead with the people of Ghana that we have limited options now,” he said.

He said the government will get the needed support because Ghanaians are empathetic and will reason with the government if an apology is rendered.

He further called on Ghanaians to accept the E-levy despite the fact that it isn’t convenient.

He described the controversial levy as “horrendous and wicked”, but said the government needed that revenue to sustain the economy and save it from collapse.

“The first step is to pass the E-levy immediately and implement it effectively. To prevent the collapse of the economy and a return to the stronghold of the IMF, we have no choice but to pass it…. As horrible and wicked as it is, it is the only way to save our economy from collapse in the short term” Prof. Atuguba said.

The E-levy is a new tax measure introduced by the government in the 2022 Budget on basic transactions related to digital payments and electronic platform transactions.

A charge of 1.75% (reportedly reduced to 1.5%) will apply to electronic transactions that are more than GH¢100 on a daily basis.

It is yet to get parliamentary approval.

Source: www.ghanaweb.com