Government Will Turn The Petroleum Sector If E-Levy Fails – Ken Ofori-Atta

Despite the disagreeing voices, Finance Minister Ken Ofori-Atta is optimistic that the E-Levy would be approved.

He has stated, however, that if the policy is not adopted, the government will seek revenue from the petroleum sector.

He was responding to questions from journalists about what the government would do if the levy failed.

“There are always a lot of options, but you’re really looking at the future and seeing how we can address the problem of more revenue and everyone engaging.”

“Take, for example, earning a million cedis a year and transferring it all through MoMo. What exactly am I requesting of you? ¢15,000. Is that the battle you’ve been fighting? Or, if you’re a student, supposing you make 100,000 cedis, which is highly unlikely, that’s 1500 cedis.

“So you start asking, ‘What exactly are we fighting against?'” And, as I previously stated, the first hundred cedis will not be included, implying a monthly income of 3000 cedis.

“You have a lot of options; you could go into petroleum, but is it really what you want?” The sentiment of the country differs from the math in Parliament, which is why I’ve been going around.”

Source: GhanaFeed.com