Mobile Money Association Petitions Minority To Reject E-Levy

Mobile money Association of Ghana has petitioned the Minority Caucus in Parliament to ensure the new Electronic Transaction Levy (E-Levy) is rejected when it is put before the house.

The organization’s examination of the E-levy after its adoption in the 2022 budget suggests that implementing it will be difficult not only for Ghanaians and agents, but also have certain economic consequences, according to the company.

The Association’s General Secretary, Evans Otumfour, presented the petition to the Minority, claiming that acceptance of the fee would jeopardize the country’s cashless system, result in job losses, and jeopardize the government’s digitisation efforts, among other things.

“Yes mobile money has become the major driver of both formal and informal sector, everybody is now leveraging on whatever economic activity to transact using the mobile money platform. So after our assessment, we have realised that there are about 12, challenges should the government continue to pursue the e-levy in its current state or form,” he said.

Source: GhanaWish.com