Prof Stephen Adei, an economist has said reversing the Electronic Transfer Levy (E-Levy) will not solve the economic woes of Ghana.
The pressure group Arise Ghana wants the government to reverse the levy, halt the Agyapa deal and reduce fuel prices, as well as, stop the reclassification of the Achimota Forest.
Speaking at the opening of the Financial Economic Seminar in Accra on Monday (13 June), Adei said: “Interestingly, I was looking through social media and I saw a planned demonstration by a group called Arise Ghana on 21 June, I think they are giving a sufficient notice and as I look through them they have five complaints.”
“So, I went down to read what was their request to the government, and interestingly there were four of them. That E-Levy must be reversed, petrol prices should be reduced, that the Agyapa deal should not come on and the EI of the Achimota Forest should be reversed. And I said that well, if the government did all these four things, it will not change the current situation, not that they are not important,” Prof Adei said.
He further called on participants to proffer solutions that could help solve the economic challenges facing Ghana.
“I am expecting in this forum, real serious engagements as to where we came from, why we are here, what are the options for the future and a country like Ghana and which are the paths that may be most suitable,” he added.
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