E-levy Reduced from 1.75% to 1.5% After 2022 Budget Approval – Afenyo Markin

Deputy Majority Leader, Alexander Afenyo-Markin has said that the electronic transaction levy (E-levy) will be reduced from 1.75% to at least 1.5%.

According to him, the reduced charge was captured in the revised version of the 2022 budget submitted by the Finance Minister, Ken Ofori-Atta on Tuesday.

Speaking on PM Express, he said the reduction is a result of government listening to the concerns of the Minority in Parliament with respect to some concerns raised about the budget.

“We have agreed on the policy, Now government will come with a bill, in that bill we will go clause by clause and that is where the extended stakeholder consultation engagement will again come up. We will look at certain provisions and then deal with certain concerns,” he told Evans Mensah on Tuesday.

He said the reduction in E-levy will reflect at the enactment stage of the policy.