Kwaku Kwarteng, the chairman of the finance committee in Parliament, has said the technical infrastructure needed to fully operationalise the implementation of the Electronic Transfer Levy (E-Levy), is not in place yet.
He said the technical infrastructure is still being worked on by the Ghana Revenue Authority (GRA).
To the extent that this system is not fully operational, means that it is too early to conclude that the E-Levy policy of the government has failed, Kwarteng said in an interview with Asaase Radio.
Emphasising his argument, Kwarteng noted; “In fact, the implementation has not fully even begun and I say that because the e-levy is supposed to be collected on an electronic platform so that if you’re paying a GHC100 through your “MoMo number” if you try to pay the next GHC100 through your bank account afterwards, the system would know that you have already exhausted your threshold”.
“That platform has not come into effect yet. And because it hasn’t come into effect, real-time monitoring is not possible. So even the figures we are seeing, I’m not sure we have collected from all the collecting agencies,” he added.
