Minority’s position against E-levy turning away investors – Ofori-Atta

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Finance Minister Ken Ofori-Atta has said the position said that the position taken by National Democratic Congress (NDC) Members of Parliament against the E-levy is turning away investors and that’s detrimental to the growth of the country.

He shared this statement while mentioning measures the government intends to enforce to tackle the worsening situation of the economy.

He said “Parliament will approve the 2022 budget, appropriation, and its expenditure plans and turn to vote against one of the key revenue measures that was being introduced, E-levy.

“The stance of the Minority in Parliament against the E-levy would gravely affect investor confidence and our capacity to to implement our programmes.

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Meanwhile, the minority still insist they are vehemently against the levy because it will retard the growth of the digital realm. This was said by the minority leader Haruna Iddrisu who recently said at a workshop in Ho saying; “Mr. Speaker, understandably, we see that the Minister of Finance seeks to introduce some measures including the now popularly declared e-levy or digital levy as some have quite named it.

“Mr. Speaker, our concern is whether the e-levy itself is not and will not be a disincentive to the growth of the digital economy in our country. We are convinced that the e-levy may as well even be a disincentive to investment and a disincentive to private sector development in our country. We in the minority may not and will not support the government with the introduction of that particular e-levy. We are unable to build a national consensus  on that particular matter.”

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