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Franklin Cudjoe warns NPP about E-levy passage

Founding President and Chief Executive Officer of IMANI Africa, Franklin Cudjoe, has stated that the electoral fortunes of the governing New Patriotic Party (NPP) will suffer in the next election if it pushes through with the controversial E-levy.

The levy which was announced in the 2022 budget statement last year seeks to slap a 1.75% charge on
all electronic transactions including mobile money.

Most Ghanaians have opposed the introduction of the levy as Parliament is sharply divided over its implementation.

Franklin Cudjoe is worried about the fact that no known NPP member has cautioned the government against passing the tax at its current rate of 1.75%.

“I do not understand why there is no single member of the NPP standing up to the executive and saying that ‘look, we all understand there is a problem; there is a huge gap in the fiscal basket that needs to be filled but for God’s sake can we do some reduction of the e-levy?” Mr Cudjoe argued.

He continued, “At this juncture, I have not seen any positive movement towards the acceptance of the e-levy either by sentiments or surveys and for me, anybody who is watching the space for the NPP or for the ruling government should be bothered. People are accommodating of a reduction in the rate so if something can be done about it then we can move on” Franklin Cudjoe toldJoy News.

He added that should the government be “strong-headed” and not heed his advice, they will be “hurt” during the 2024 elections.

“The government is being too strong-headed and I fear that there seems to be nobody in government…academics, technocrats and party foot soldiers who will stand up and say ‘look this is going to hurt us in the next election’ and its clear that the sentiments are against the ruling government. So they should back down on the standpoint on the percentage” he stated.

The Speaker of Parliament, Rt Hon. Alban Bagbin had earlier cautioned the NPP about the passage of the e-levy, saying it could cost them the 2024 elections.

“….They come to impose their ideas on you to rather take party interest first not Ghana first, and we always vote ourselves out of power, which my colleagues in the NPP are doing now. So don’t be surprised in the next election, if they don’t win. It is very clear that if this e-levy goes through, they have lost the election,” Bagbin said in December last year.

Meanwhile, the government will on Thursday, January 27, 2022, hold a town mall meeting on the controversial E-levy.

The exercise forms part of a series of engagements the government has adopted to educate Ghanaians about the importance of the E-levy.

The government is expected to act on the feedback as it works its way to the implementation table.

The speakers for the town hall meeting are the Minister for Finance, Ken Ofori-Atta; the Minister for Information, Kojo Oppong Nkrumah and the Minister for Communications and Digitalisation, Ursula Owusu Ekufful.

 

Source: Myxyzonline.com|Ghana

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