Opinion

E-Levy- a reliable source of income for public growth – Yaw Buaben Asamoa

Yaw boaben Asamoah
Apexnewsgh

Yaw Buaben Asamoa, National Communications Director of the New Patriotic Party (NPP), has admonished Ghanaians to welcome the Electronic Transaction Levy (E-Levy) read by Finance Minister.

Mr. Asamoa is optimistic that, the E-Levy read out by Mr. Ken Ofori-Atta during the 2022 Budget week ago will provide a reliable source of income, which will help to execute massive developments across the country.

“You will now find a reliable source of income towards public growth…, a reliable way of delivering goods and also especially delivering roads. It helps with delivery of hospitals, reliable way of supporting our security services, essentially all the things that are public goods that individuals cannot provide but the government must.

“Things which do not bring immediate profits but need heavy investment especially infrastructure,” Buaben Asamoa said while engaging the media in the Western Region on the 2022 budget.

However, Mr. Asamoa believes the E-Levy will be the savior of Ghanaians and will see the country depart from petrol politics where levies are always imposed on the public through the increase of fuel.

“it E-Levy gives us the opportunity to depart from the old petrol politics. All the political parties who have governed this country in the 4th Republic have focused on petroleum as a source of taxing. Indeed, there was a time when all you have to do for a budget was to announce an increase in petrol prices and everybody else will increase their prices.

“This has persisted. This year, we have decided based on the novel budget that we will let petrol politics rest and so we are moving petrol out of the political tax bracket and this will be a major departure,” Buaben Asamoa said in his defense of the E-Levy in the 2022 Budget.

Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen

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