{"id":46446,"date":"2022-08-24T18:07:25","date_gmt":"2022-08-24T18:07:25","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=46446"},"modified":"2022-08-24T18:07:30","modified_gmt":"2022-08-24T18:07:30","slug":"e-levy-govt-rakes-in-less-than-7-of-target","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=46446","title":{"rendered":"E-levy: Govt rakes in less than 7% of target"},"content":{"rendered":"\n<p>Fresh data from the Finance Ministry has shown a significant shortfall in revenue from the controversial electronic transfer levy.<\/p>\n\n\n\n<p>The data released in the last hour shows that the government has raked in less than seven per cent of its e-levy target.<\/p>\n\n\n\n<p>The e-levy was initially expected to rake in \u00a26.9 billion by the end of 2022 of which it was revised significantly to \u00a24.5 billion.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/08\/E-levy-2.jpg\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/08\/E-levy-2.jpg\" alt=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\" class=\"wp-image-10032158032\" title=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\"\/><\/a><\/figure>\n\n\n\n<p>According to JoyNews\u2019 Data Analyst, Isaac Kofi Agyei, information from the Ministry\u2019s provisional data span in the first and second quarters of 2022 reported that it has collected \u00a292.7 million.<\/p>\n\n\n\n<p>Comparing the amount raised (\u00a293.7 million) to the initial target (6.9 billion) indicate that a percentage of 6.4 per cent has been raked.<\/p>\n\n\n\n<p>However, making a comparison with the revised target (\u00a24.5 billion) shows that \u201cit is just 6.2 percent of what government says it has collected so far.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/08\/E-levy-1-1024x468.jpg\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/08\/E-levy-1-1024x468.jpg\" alt=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\" class=\"wp-image-10032157987\" title=\"E-levy: New data from Finance Ministry shows government rakes in less than 7% of target\"\/><\/a><\/figure>\n\n\n\n<p>Also, breaking the data down further to a month-on-month basis, the month of May was targeted to rake in an amount of \u00a2487.4 million.<\/p>\n\n\n\n<p>Information provided shows that \u201cso far, only \u00a239.4 million has been collected which is just 8.08 per cent of the targeted amount.<\/p>\n\n\n\n<p>\u201cAnd for June, \u00a2417.8 million and so far we have raked in \u00a254.3 million and this is just 12.99 per cent.\u201d<\/p>\n\n\n\n<p><strong>SEND A STORY:<\/strong>\u00a0Do you have a story for us or need a promotion \/ advertisement? Submit them via our email\u00a0<strong><a href=\"mailto:dannyboy744@gmail.com\">dannyboy744@gmail.com<\/a>\u00a0and via on +233 266777777<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fresh data from the Finance Ministry has shown a significant shortfall in revenue from the controversial electronic transfer levy. The data released in the last hour shows that the government has raked in less than seven per cent of its e-levy target. The e-levy was initially expected to rake in \u00a26.9 billion by the end [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":46447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-46446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>E-levy: Govt rakes in less than 7% of target - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=46446\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-levy: Govt rakes in less than 7% of target - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"Fresh data from the Finance Ministry has shown a significant shortfall in revenue from the controversial electronic transfer levy. 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