JUST IN: NDC to increase e-levy – Dormaa East MP
The Member of Parliament for Dormaa East, Paul Apreku Twum-Barimah, has rubbished former President John Mahama’s promise to scrap the Electronic Transfer Levy (E-levy) if elected as President.
At the National Democratic Congress’ ‘Ghana at a crossroads’ event held in Accra last week, John Mahama promised to stop Ghanaians from paying the controversial E-levy if his party wins power in 2025.
“A new National Democratic Congress government, God willing, and with the votes of the sovereign people of Ghana in 2025, will repeal the E-levy Act,” said the former President
Already, the New Patriotic Party has described the promise as a scam.
He further warned that a future NDC government will rather increase the rate of the levy to impose harsher economic conditions on Ghanaians.
“They will come and increase the e-levy rate from 1.5 percent to 2 percent and more if we don’t take care and mistakenly give them power,” he said.
He was quick to add that the gains from the levy are already manifesting.
“It has even caused the debt to GDP rate to reduce by some margins; a positive omen for the country which is also helping to boost investor confidence”