We Will Keep Eagle Eyes On E-levy Proceeds- E-levy Conveners Say

A group of conveners called the Coalition for Accountable E-Levy Funds (CAEF), has said that they will pay attention to the e-levy proceeds with eagle eyes to ensure accountability.

In an interview on Movement In The Morning Political Show with Kwaku Dawuro, the convener, Kwame Baa Mensa said “E-levy is the best policy and is the way to go to help in the refurbishment of our economy. It is a brilliant idea any government can initiate. We the Coalition will ensure the e-levy proceeds benefit people, especially at the district and the municipal levels’’.

He added that Ghana cannot continue to rely on external funds due it the strict conditionalities. The implementation of the e-levy according to Kwame Baah is the best solution to revamp the country’s revenue.

“For the economy to be transformed, we cannot depend on borrowing’’, he added

They are calling on Ghanaians to Join the  Nationwide Crusade to ensure the appropriate use of the E_levy proceeds with Eagle Eye. (0244732298)

What is E-levy?

Electronic Transaction Levy popularly known as  E-levy is a tax applied on transactions made on electronic or digital platforms. 1.5% tax on electronic transactions from May 1.

Ghana will not be the first African country to implement a levy on digital transactions. Across Africa, some countries have failed whiles others have become successful in the introduction of such a levy.

Austria, France, Hungary, Italy, Poland, Portugal, Spain, Turkey, and the United Kingdom have implemented a DST. Belgium, the Czech Republic, and Slovakia have published proposals to enact a DST, and Latvia, Norway, and Slovenia have either officially announced or shown intentions to implement such a tax.