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Home GENERAL NEWS

E-Levy progresses to Consideration Stage in Parliament without Minority Caucus

Kumasi Online by Kumasi Online
29th March 2022
in GENERAL NEWS, TOP STORIES
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Parliament has completed the second reading of the Electronic Transfer (E-Levy) Bill.

The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout.

It is currently being considered by a Majority-sided House as some proposed amendments are carried out.

This development followed a showdown between both sides on Tuesday.

The Finance Minister is currently in the House to push for Bill’s passage a day to President Akufo-Addo’s State of The Nation Address.

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From the onset, the Minority had accused the Majority Caucus of smuggling into the Order Paper the consideration of the controversial Electronic Transaction Levy (E-levy).

According to the Tamale South MP, E-levy was not enlisted in Parliament’s business statement for this week.

He questioned why the Majority will pull such a surprise on the opposition National Democratic Congress (NDC) legislators.

But Deputy Finance Minister, Abena Osei-Asare, urged Members of Parliament to join hands in passing the Electronic Transaction Levy (E-Levy) Bill to enhance the country’s economic recovery process.

According to her, Ghanaians have already accepted the tax revenue measure and expect its passage.

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This, she stated, will help address domestic challenges derailing growth of the local economy, a development which has led to a high cost of living in the country.

But after a 30-minute break, the Minority Leader announced that his side will have nothing to do with the Bill.

He maintained that the outcome will bring untold hardship to the populace. On that note, he led the NDC MPs to vacate the chamber.

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