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Dr. Cassiel Ato Forson, the Finance Minister-designate, has restated his resolve to repeal the Electronic Levy (E-levy) introduced by the previous Akufo-Addo-Bawumia administration.
This vow accords with President John Mahama’s campaign promise to eliminate the E-levy, which has been severely criticized by Ghanaians for being a financial burden.
Dr. Ato Forson is steadfast in his position in spite of criticism from groups such as the Ghana Union of Traders Association (GUTA), which contends that the E-levy brings in money for the nation.
He underlined during his vetting on Monday, January 13, 2025, that the E-levy should be eliminated because it has not succeeded in achieving its stated objectives.
Citing the inefficiency of the betting tax, Dr. Ato Forson also stated his intention to eliminate it in his first budget as Finance Minister.
In order to ease Ghanaians’ financial burden and foster economic expansion, he has pledged to eliminate these levies.
“My position on the E-levy is well known and I do not intend to run from it. I have written articles against the e-levy, I championed the position against the e-levy and I still stand by it. The e-levy is neither a direct tax, an indirect tax, or an excise tax. I insist that the betting tax must be abolished and as Finance Minister, I will abolish it in my first budget because it has failed” Ato Forson stated.
Source: Ghanatodayonline.com
