Special Aide to President John Mahama’s 2024 campaign, Joyce Bawah Mogtari has reiterated the government’s commitment to abolish the electronic transfer levy (E-levy) and the COVID-19 levy by the Mahama administration.
According to her, these levies would be scrapped.
“The E-levy has been a significant concern for many citizens. In a country where several banks have collapsed, some intentionally, mobile money services have become the main avenue for financial transactions. It is critical to ensure that this platform remains accessible and affordable for all. These levies will be scrapped,” Joyce Bawah made these remarks during an interview on JoyNews’ AM Show.
She expressed disapproval of the 1.5% rate of the levy, comparing it to other nations where taxes are limited to 0.5%, adding that the taxes are burdensome to Ghanaians.
“For those who have no other options but to transact business using mobile money, this levy is not just inconvenient but stifling.
“Many development partners used to distribute resources through mobile money platforms. However, the introduction of the E-levy has disrupted these processes, adding unnecessary strain to an already fragile system.”
Additionally, Joyce Bawah further queried the rationale behind the continued collection of COVID-19 by the Akufo-Addo administration years after the pandemic had subsided.
“If we still have these levies in place and yet have not completed crucial projects like Agenda 111, we need to ask ourselves whether these levies serve their intended purpose..”