‘Passing E-levy proves you’re not a listening gov’t’ – Kwabena Duffuor slams Akufo Addo

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Former Finance Minister Dr. Kwabena Duffuor has slammed the ruling New Patriotic Party after the contentious Electronic Transfer Levy was passed (E-levy).

In his opinion, the government’s choice to approve the unpopular tax against experts’ advice shows President Nana Akufo-Addo is not a listening government.

“The NPP has proceeded in its passage of the controversial e-levy bill,” Dr. Duffuor lamented on Facebook the next day. The NPP disregarded Ghanaians’ hardships and discontent with the e-levy, and increased our tax burden.”

Many Ghanaians publicly opposed the E-levy, which was approved by Parliament on Tuesday, March 29, 2022, despite the Minority Caucus’ walkout.

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Dr. Kwabena Duffuor, like many other well-meaning and skilled economists, has previously proposed alternatives to the E-levy.

Ahead of the IFS’s symposium on domestic income mobilization, Dr. Duffuor said on Starr FM in February 2022: “Currently, foreign interests are generally the major benefactors of our extractive industry, while Ghanaians get relatively little cash from our natural resources.”

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“We must start looking at the industry we have overlooked for years – extractive. In many industrialized nations like the USA, UK, and Germany, a well-managed natural resource center is the safest path to success. To protect our people, we must renegotiate our mining deals for bigger profits.

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