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Parliament Has Technically Accepted The E-Levy Proposal – Hon. Kennedy Osei

Hon. Kennedy Osei Nyarko, Member of Parliament (MP) for Akim Swedru, conducted research and concluded that the E.Levy was technically passed by the Ghanaian parliament.

On Saturday, December 8, 2021, he posted the following message on his official Facebook page:

“On Friday, December 17, 2021, Parliament successfully passed the 2022 Appropriations Bill to the tune of 145 billion Ghana cedis to fund Government activities and services for the year 2022.”

All that remains now, according to Kennedy Osei, Chairperson of Parliament’s Roads and Transport Committee, is for parliament to approve the bill through the various levels of review.

He also stated that, despite the fact that he expects considerable opposition from the minority, he does not believe the 2022 budget will be rejected. Because rejecting it would jeopardize the Appropriations bill that was enacted last night (Friday night),” stated Hon Kennedy.

He added that “What this means is that technically the E-Levy proposal has been accepted by the house because the expected revenues from the E-Levy forms part of the 2022 Appropriations”.

Though the E-Levy Bill has yet to be voted into law, the Member of Parliament (MP) for Akim Swedru concluded that he does not believe it would fail because it is technically part of the Act that was passed last night to provide legal basis for the Government to spend 145 billion as the ceiling.

On November 17, 2021, the Minister of Finance, Ken Ofori-Atta, presented the 2022 budget to the Ghanaian Parliament. Since then, the budget’s adoption has been a contentious issue in parliament.

E-Levy is a significant part of the budget for 2022. The tax aims to impose a 1.75 percent surcharge on mobile money transactions. When it comes to adopting this component, the majority and minority are at odds.

The minority believes the E-Levy tax is excessive and will increase people’s financial burdens, hence it should be eliminated from the budget, while the majority believes it will assist the government raise funds for development and should be kept.

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