Breaking!!! E-Levy Passed Amid Boycott By Minority

Parliament has completed the second reading of the Electronic Transfer (E-Levy) Bill.

The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout.

It is currently being considered by a Majority-sided House as some proposed amendments are carried out.

This development followed a showdown between both sides on Tuesday.

The Finance Minister is currently in the house to push for the bill’s passage a day to President Akufo-Addo’s State of The Nation Address.

From the onset, the Minority had accused the Majority Caucus of smuggling into the Order Paper the consideration of the controversial Electronic Transaction Levy (E-levy).

According to the Tamale South MP, E-levy was not enlisted in Parliament’s business statement for this week.

He questioned why the Majority will pull such a surprise on the opposition National Democratic Congress (NDC) legislators.

But Deputy Finance Minister, Abena Osei-Asare, urged Members of Parliament to join hands in passing the Electronic Transaction Levy (E-Levy) Bill to enhance the country’s economic recovery process.

According to her, Ghanaians have already accepted the tax revenue measure and expect its passage.

This, she stated, will help address domestic challenges derailing the growth of the local economy, a development that has led to a high cost of living in the country.

Source: myjoyoneline.com

 

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