Social media users have gone ablaze over speculations that the Electronic Transfer Levy (E-levy) is not meeting government’s expected target
Gabby Otchere-Darko, a leading member of the New Patriotic Party (NPP), has disclosed that the e-levy has generated less than ¢60 million, close to two months after its implementation.
He said government was expecting about ¢600million.
“What options are open to the government? The question should rather be: what option, if adopted, will re-inject investor confidence in our economy? Even if we find the $3-5 billion required, will that help? E-levy, which was to have given us some 600m by now, has done less than 60m,” he said in a tweet on Monday.
To some, it will be bad if the government decides to now go to the International Monetary Fund for money.
“How come the E-levy that was making GH₵1 million daily from a single charging entity, fail to push beyond 10% of the target?” a social media user quizzed.
Meanwhile, others have picked up government for the implementation of the E-levy.
