Social media users have gone agog over speculations that the Electronic Transfer Levy (E-levy) is not meeting government’s expectations.
A leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, had disclosed that the Electronic Transactions Levy (e-levy) generated less than ¢60 million; close to two months after its implementation.
He said government was expecting about ¢600million.
After 5 months of stalemate and bashing, the e-levy, after implementation, is delivering only 10% of estimated revenues; our revenues remain very low as compared to the rest of the world; debt levels dangerously high, cedi, like most currencies, struggling against the US dollar…
— Gabby Otchere-Darko (@GabbyDarko) June 27, 2022
“What options are open to the government? The question should rather be: what option, if adopted, will re-inject investor confidence in our economy? Even if we find the $3-5 billion required, will that help? E-levy which was to have given us some 600m by now has done less than 60m,” he said in a tweet on Monday, June 27.
In less than 24 hours, social media has gone agog over Mr Otchere-Darko’s revelation.
As many jubilated that the populace have silently resisted the levy, others were quite cynical.Ghanaians swerve government with e-levy. Lol
Kalabuley citizens 😂😂😂😂😂
— B. by Sekumba (@Bridget_Otoo) June 27, 2022
To skeptics, they believed it was a mundane means the government is employing to turn to the International Monetary Fund (IMF) for more money.
How come the E-levy that was raking in GH₵1 million daily from a single charging entity, fail to push beyond 10% of the target?
Not only are the leaders corrupt, they are also liars
Keep the prayers coming so we can #FixTheCountry
— Fixthecountry (@Ghfixthecountry) June 27, 2022
“How come the E-levy that was raking in GH₵1 million daily from a single charging entity, fail to push beyond 10% of the target?” a social media user quizzed.
I hear the E-levy estimated revenue nu ato nsuom ! This wanna people be mafia ruff 🤭. The next line of action pls.
— Oscar (@MensahOscar) June 28, 2022
Meanwhile, others have taken a dig at government for the implementation of the E-levy.
In 4yrs, government had some Gh¢157bn generated through internal revenue. It’s sad they now need an opprobrious e-levy to revamp the economy. #AriseGhanaDemo #AriseGhana #SaveGhanaNow
— THE POOREST 🎭🚶♂️🚶♂️🚶♂️ (@THEPOOREST2) June 28, 2022
Killer E-Levy flop – They arrogantly and capriciously cancelled road tolls, spent our money holding predetermined city, town and village hall fora/meetings, largely, feeding themselves, their party people, while blocking out genuine critical voices!
— Dr. Clement Abas Apaak (@DrApaak) June 28, 2022
Ghanaians actually meant it when they said they were not ready for the E-levy.
— Dr. George 💊 (@GeorgeAnagli) June 27, 2022
Slash the salaries of your appointees by 50% to meet the revenue you want to generate from e-levy. #AriseGhanaDemo #AriseGhana #SaveGhanaNow
— THE POOREST 🎭🚶♂️🚶♂️🚶♂️ (@THEPOOREST2) June 28, 2022
THANK YOU for constantly reading our stories. Kindly like, comment and SHARE stories on all social media platforms for more entertaining updates!
TO GET YOUR EXCLUSIVE INFO PUBLISHED ONLINE?
Call or WhatsApp our Editor on +233208291107/0546509004 for Your Massive promo. You can equally email your stories or articles to info@xpressghonline.com or fuzzygh2016@gmail.com and we’ll surely put them online at www.xpressghonline.com or www.smartghonline.com
